Number of IMPS transactions India 2013-2020

Published by Statista Research Department, Nov 20, 2023
The number of transactions done through the Immediate Payment Service as of December 2020 accounted for over 355.69 million. There was a tremendous growth in the transaction volume since September 2013. Set up in November 2010, IMPS is a 24-hour, seven day a week service for instant payment of inter-bank transfers via mobile phones owned by the NPCI.

Number of IMPS transactions across India from September 2013 to September 2020 (in millions)

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Release date

January 2021

Region

India

Survey time period

September 2013 to December 2020

Supplementary notes

Date of release corresponds to the date of access

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