Mobile banking services in India qet further boost

摘要

To give further boost to mobile banking services in the country, the National Payments Corporation of India (NPCI), set up by the Reserve Bank of India (RBI), Indian Banks Association (IBA) and banks, as an umbrella organisation of retail payment systems in India, has slashed the transaction fee to 10 paisa for mobile money transfers using Inter-bank mobile payment service (IMPS).