IMPS (Immediate Payment Service)

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What this article will cover

A full webnotes article on IMPS (Immediate Payment Service) is expected to cover the NPCI real-time inter-bank payment rail, its history, the regulatory or technical framework, practical examples or worked illustrations, internal links to neighbouring topics on webnotes.in, and a references section pointing to primary sources.

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The WebNotes Editorial Team covers Indian capital markets, payments infrastructure and retail investor procedures. Every article is fact-checked against primary sources, principally SEBI circulars and master directions, NPCI specifications and the official support documentation published by the intermediary in question. Drafts go through a second-pair-of-eyes review and a separate compliance read before publication, and revisions are tracked against the SEBI and NPCI rule changes referenced in the methodology section.

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WebNotes is independent. No relationship with any broker, registrar or bank named in this article.