IMPS – Launch news in the 2nd week of September 2012

            In the 2^nd week of September 2012, 3 Banks with different IMPS sub-products have gone live.

01) On 13/09/2012, Central Bank of India has gone live on Internet Banking channel for IMPS transactions 

In January 2012, Central Bank of India had launched a ‘Go Green Campaign’. The main focus of the campaign was to motivate the customers to : -

- Opt for e-statements

- Use internet banking (24 x 7) for banking transactions

- Use e-voucher machine for transactions.

            As a give and take tool, the customers as well as the staff members were to be incentivized / rewarded for use of Green Banking.

            As there was tremendous response, the ‘Go Green Campaign’, was extended till July 2012, and now up to Dec 12.

During the initial campaign period, CBI could collect 4874618 Mobile Numbers, 2913817 PAN Nos and 146846 E-mail ids.

02)On 13/09/2012, Punjab and Maharashtra Co-operative Bank has gone live on IMPS.

The Brand name of PMC Bank’s IMPS is “Mobile Pay" and the slogan is “Baithe Baithe Ghar Pe Banking Ab Mobile Pay".

03)On 11/09/2012, Indian Bank has gone live on Internet Banking channel for IMPS transactions and also gone live on IMPS using Account No and IFS Code.

To encourage ePayments, Indian Bank has launched a new facility for it bank customers.  Indian Bank customers now make TNEB bill payment using mobile phones through SMS