IMPS Merchant Payments (P2M - Person-to-merchant) service allows customers to make instant, 24*7, interbank payments to merchants or enterprises via mobile phone. IMPS enables mobile banking users a facility to make payment to merchants and enterprises, through various access channels such as Internet, mobile Internet, IVR, SMS, USSD.
Customer can make payment to any kind of merchant using IMPS merchant payments service:
- Mobile top-up / DTH top-up
- Insurance premium payment
- Online shopping
- Over-the-counter payments
- Fees payments to schools / colleges / universities
- Utility Bill payments
- Travel & Ticketing
The key features of IMPS merchant payments service are as follows:
- Instant Interbank fund transfer
- Merchant needs to get on-board IMPS network with one Bank. Customer of any Bank in the IMPS merchant network can make payment to merchant through IMPS
- Convenient and time-saving
- Anytime, anywhere service
- Safe & secure
- 24*7*365 availability
- Instant confirmation to sender and receiver
This service is brought to you by National Payments Corporation of India (NPCI) in collaboration with Member Banks.
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