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Blog Entry# 5482212
Posted: Sep 20 2022 (21:00)

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Last Response: Sep 20 2022 (21:29)
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Sep 20 2022 (21:00)  
TouristerDivyanshu^~
TouristerDivyanshu^~   173608 blog posts
Group Recipients: *business
Entry# 5482212              
Why does India have 4 funds transfer systems? And what are the differences between them?
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28 *business Posts - Tue Sep 20, 2022

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Sep 20 2022 (21:24)
TouristerDivyanshu^~
TouristerDivyanshu^~   173608 blog posts
Group Recipients: *business
Re# 5482212-29              
Compared to IMPS, it was also safer since you didn't need to share details like bank account number. And with the growing use of smartphones in India, it was expected that a large number of transactions would be carried out through phones.
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6 *business Posts - Tue Sep 20, 2022
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