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Rs 25,852 Cr transacted using IMPS in June 2016

imps transaction vs amount transacted june-16

The Immediate Payment Service (IMPS) saw a 7.58% growth in the total transactions taking place between May and June 2016, although there was a 2.02% 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 33.45 million (33,451,850 transactions) from 31.09 million transactions (31,093,969 transactions) while the amount transacted increased by 10.19% on a monthly basis to Rs 25,852.1 crore. The average transaction amount increased by 2.43% on a monthly basis to Rs 7,728.18 crore.

Month-wise details:

imps MMID added june-16

imps average amnt per transaction

imps chart june 2016

Bank Status

Currently, 53 commercial banks are signed up for IMPS.

Related

Rs 23,460 Cr transacted using IMPS in May 2016
Rs 22,360 Cr transacted using IMPS in April 2016
–  Rs 21,209 Cr transacted using IMPS in March 2016
–  Rs 18,117 Cr transacted using IMPS in February 2016
–  Rs 17402 Cr transacted using IMPS in January 2016
Rs 12663 Cr transacted using IMPS in September 2015
Rs 7337 Cr transacted using IMPS in January 2015

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