This entry was posted in Twitter on April 1, 2016 by twilight @prasanto have u made payments through IMPS? how does one generate the MMID?
Reply ↓ prasanto April 1, 2016 at 00:40 @twilightfairy for 2 yrs I’ve been using only IMPS for transfers <50k. You transfer as usual, choosing IMPS instead of NEFT. Why use MMID?
Reply ↓ prasanto April 1, 2016 at 00:42 @twilightfairy That is, if you have the beneficiary’s IFSC and account#. If not, then you need their mobile # and MMID.
Reply ↓ prasanto April 1, 2016 at 00:42 @twilightfairy no reason for anyone to use NEFT any more for amounts <50k. IMPS is instant and works 24×7 unlike NEFT (weekday banking hrs)
@twilightfairy for 2 yrs I’ve been using only IMPS for transfers <50k. You transfer as usual, choosing IMPS instead of NEFT. Why use MMID?
@twilightfairy That is, if you have the beneficiary’s IFSC and account#. If not, then you need their mobile # and MMID.
@twilightfairy no reason for anyone to use NEFT any more for amounts <50k. IMPS is instant and works 24×7 unlike NEFT (weekday banking hrs)