This Indian Money Transfer Platform is World No. 1

Updated: September 28, 2018 05:32 PM IST

Country's real-time money transfer platform, IMPS (Immediate Payment Service) has been rated the highest in a global payment innovation index built by FIS. IMPS runs on Unified Payment Interface (UPI) that allows money transfer between bank accounts on a real time basis. IMPS has also allowed money transfer apps to feature chatting capabilities.



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