Money Transfer allows you to send money instantly 24 x 7 x 365 to any IMPS supported banks in India. Receiver will get the money credited into their bank account within 5 -10 seconds. Start offering money transfer services through the very same “Wallet” and boost your outlet footfall and income.
HOW IT WORKS
Domestic Money Transfer works exactly same as how Mobile Recharge works, only difference is that instead of mobile number you need to collect the beneficiary bank account number, IFSC Code and the amount which needs to be transferred from your walk in customers. Enter the details into a simple web form and complete the transaction. The beneficiary account will be credited the amount within 5-10 seconds.
Our platform supports IMPS & NEFT transfer modes and the system automatically switches the transfer mode. IMPS : Immediate Payment Service is an interbank electronic instant money transfer service which allows to send and receive money 24 x 7 x 365. The platform is powered by National Payment Corporation of India (NPCI) who settles the IMPS transactions in India on real time basis 24 x 7 x 365 NEFT : National Electronic Fund Transfer under RBI which settles NEFT transactions in India as batch wise and works only on working day and hours of RBI