wordpress blog stats
Connect with us

Hi, what are you looking for?

Rs 17402 Cr transacted using IMPS in January 2016

1 Imps

The Immediate Payment Service (IMPS) saw a 0.92% growth in the total transactions taking place between December and January 2016, although there was a 1.43% increase in total number of Mobile Money IDs (MMID), according to data published by the National Payments Corporation of India.

The transaction volumes grew on a monthly basis to 24.4 million (24,473,814 transactions) from 24.2 million transactions (24,249,695 transactions) while the amount transacted increased by 9.38% on a monthly basis to Rs 17402.76 crore. The average transaction amount increased by 8.37% on a monthly basis to Rs 7,110.77 crore.

Month-wise details:

2 Imps

3 Imps

4 Imps

Bank Status

Currently, 53 commercial banks are signed up for IMPS.

Advertisement. Scroll to continue reading.

Related

Rs 12663 Cr transacted using IMPS in September 2015
Rs 7337 Cr transacted using IMPS in January 2015
IMPS Data: 70.49M Mobile Money IDs; Rs 5,415 Cr Transacted In November 2014
IMPS Data: 67.02M Mobile Money IDs; Rs 4,479 Cr Transacted In September 2014
IMPS Data: 63.23M Mobile Money IDs; Rs 3,677 Cr Transacted In August 2014
IMPS Data: 62.97M Mobile Money IDs, ICICI Bank with most; Rs 3,196 Cr Transacted In July 2014
– IMPS Data: 59.52M Mobile Money IDs, Rs 2,265.92 Crore Transacted In April 2014
– IMPS Data: 58.15M Mobile Money IDs, Rs 1,531.16 Crore Transacted In February 2014
– IMPS Data: 56.84M Mobile Money IDs, Rs 1,394.88 Crore Transacted In January 2014
– IMPS Data: 55.76M Mobile Money IDs, Rs 1,235.20 Crore Transacted In December 2013

You May Also Like

News

Digital payment transactions through Prepaid Payment Instruments — which includes both Mobile Wallets and PPI Cards combined —stood 438.7 million transactions  at the end...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ