[bisq-network/growth] Add Immediate Payment Service (IMPS) as a payment method (popular mobile payment service in India) (#224)

Aman Goyal notifications at github.com
Wed May 26 15:06:33 CEST 2021


Hi @pazza83,

thanks for pushing for new payment methods available in India!

Just to add to this, you do not necessarily need an MMID to transfer using IMPS.
Either MMID **OR** Bank account number + IFSC is enough for an IMPS transfer.

It is already possible to do an IMPS(or UPI for that matter) transfer for the Bank Account number + IFSC code combo using Bisq's currently available National Bank Transfer, [as shown here in this video on Bisq's youtube channel](https://youtu.be/dpoaGKZtLkk?t=32)

Back to the point, one need not necessarily have an MMID for an IMPS transfer. I've never had 1 hence I've never sent money using the MMID route. But I still do IMPS transfers using A/c and IFSC.
So just to reiterate, I think MMID **OR** A/c + IFSC, should be the input fields when choosing IMPS.


Quoting [NPCI's Product overview for IMPS](https://www.npci.org.in/what-we-do/imps/product-overview) ,
"Hence on the merit of the feedback received from the banking community as well as to cater the above mentioned need, the **IMPS funds transfer has been made possible using Beneficiary account number and IFS code as well**, in addition to Beneficiary mobile number and MMID."

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