1. What is the IMPS full form in banking? The full form of IMPS in banking is Immediate Payment Service. 2. What does IMPS P2P mean? IMPS P2P stands for Immediate Payment Service Person-to-Person. It refers to a method of transferring money directly between individuals using the IMPS plat...
IMPS full form is Immediate Payment Service. It is an instant electronic fund transfer service that allows inter and intra-bank transfers. In simple word, IMPS helps customers transfer money instantly from one account to another. Using IMPS, you can send money in real-time, and it will be c...