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NPCI simplifies IMPS transactions with mobile number, bank name: Here’s everything you need to know
Credit: BGR India- Published on January 31, 2024
The National Payments Corporation of India (NPCI) has introduced a new way of transferring money through IMPS (Immediate Payment Service) using only the mobile number and bank name of the recipient. This will eliminate the need to add beneficiaries and the IFSC code to make transactions. IMPS is a popular and convenient method of...