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Rs 26,662 Cr transacted using IMPS in July 2016

july imps transactions vs amount transacted

The Immediate Payment Service (IMPS) saw a 7.32% growth in the total transactions taking place between June and July 2016, although there was a 1.59% 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 35.90 million (35,901,811 transactions) from 33.45 million transactions (33,451,850 transactions) while the amount transacted increased by 3.14% on a monthly basis to Rs 26,662.9 crore. The average transaction amount decreased by 3.90% on a monthly basis to Rs 7,426.6 .

Month-wise details:

july imps immediate payments

july imps average amnt

july imps chart

Bank Status

Currently, 53 commercial banks are signed up for IMPS.

Related
– Rs 25,852 Cr transacted using IMPS in June 2016
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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