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Interbank Mobile Payment Service

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  • Business

RBI to simplify KYC norms

The Reserve Bank of India (RBI) will soon come up with guidelines to simplify know-your-customer (KYC) norms and to make Aadhaar the proof for address and identification."In the next few days, we......

ICICI Bank to charge for fund transfer over mobiles

Leading private sector bank ICICI Bank will charge its customers Rs 5 per transaction from next month for transfer of funds over mobile phones, a service available for free as of now.The fee for......

Mobile banking, cash at PoSales remain dismal

Banks have shown little progress in the areas of mobile banking and cash at point-of-sales (PoS) terminals, even after nearly two years of the Reserve Bank of India (RBI) allowing banks to run such......

How to carry out mobile banking

Heard about mobile banking? "Yes," pat comes the reply from Mumbai-based Supriya Pandit.She was issued a Mobile Money Identifier by her bank, two months back. But the 30-year old graphic designer......

Mobile remittance service launched in India

India on Monday moved a step closer to making mobiles virtual wallets by launching services that allow seamless and real-time fund transfer from one person's bank account to another through......

  People speak for interbank mobile payment service

  • QNA
Lucky
Q. What is IMPS in relation to funds transfer ?
Lucky:  A.  more

http://qna.rediff.com/questions-and-answers/what-is-imps-in-relation-to-funds-transfer-/26029482/answers/

rajan
Q. Which of the following associate banks of SBI has recently joined the Interbank Mobile Payment Service (IMPS) network, which facilitates cellphone-based financial transactions? a) State Bank of Mysore b) State Bank of Patiala c) State Bank of Indore d) State Bank of Travancore e) State Bank of Hyderabad
Rajan:  A. Interbank Mobile Payment Service (IMPS) is an instant interbank electronic fund transfer service through mobile phones. IMPS facilitates customers...... more

http://qna.rediff.com/questions-and-answers/which-of-the-following-associate-banks-of-sbi-has-recently-j/22904026/answers/26029486

  Web results for Interbank Mobile Payment Service
Payments on ISO20022 Time to on-board?

Traditionally, a payment transaction was considered as complete, when the transaction amount has reached the seller from the buyer, and through the... ...

http://www.tcs.com/resources/white_papers/Pages/Payments-on-ISO20022.aspx
RBI releases draft guidelines for allowing Telcos, Wallet co's to set up Payment Banks

In what is a significant development for the telecom, digital payments and retail industries, and especially businesses like Airtel Money, Itz... ...

http://www.medianama.com/2014/07/223-rbi-payment-banks/
72 points of BRICS Summit Declaration

IndiaToday.in New Delhi,July 16, 2014| UPDATED22:46 IST Leaders of India, China, Brazil, Russia and South Africa issued a joint declaration... ...

http://indiatoday.feedsportal.com/c/33614/f/647966/s/3c905126/sc/7/l/0Lindiatoday0Bintoday0Bin0Cstory0C720Epoints0Eof0Ebrics0Esummit0Edeclaration0C10C3727440Bhtml/story01.htm
Banks and operators collaborate to drive rural mobile banking

Access to financial services in rural areas has been very limited as the traditional banking business model is deemed unviable due to the high cost... ...

http://www.tele.net.in/telefocus/rural-telephony/item/15219-growth-partners-banks-and-operators-collaborate-to-drive-rural-mobile-banking
Europe Online Payment Methods 2013 - Second Half 2013

Mobile payment for goods and services increasingly accepted in Europe The new "Europe Online Payment Methods 2013 Second Half 2013" report by... ...

http://www.itnewsonline.com/prnewswire/Europe-Online-Payment-Methods-2013---Second-Half-2013/331007

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