Digital Financial Tools and Applications Question Answer

In online internet banking which payment method is used to immediately transfer the money


in Online Internet Banking, which payment method is used to immediately transfer the money?

ऑनलाइन इंटरनेट बैंकिंग में तुरंत पैसे ट्रांसफर करने के लिए किस भुगतान विधि का उपयोग किया जाता है?
Topic : Digital Financial Tools and Applications

A. RTGS - आरटीजीएस

B. UPI - यूपी आई

C. NEFT - एनईएफटी

D. IMPS - आईएमपीएस




Correct Answer

D. IMPS - आईएमपीएस


Explanation :

IMPS, fully formed as Immediate Payment Service, is a method to transfer funds immediately from one bank account to the other. Banks allow money transfer using IMPS through internet banking and mobile banking platforms.



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