{"id":21862,"date":"2011-03-13T02:50:00","date_gmt":"2011-03-12T21:20:00","guid":{"rendered":"https:\/\/www.amitbhawani.com\/blog\/?p=21862"},"modified":"2011-03-13T02:51:39","modified_gmt":"2011-03-12T21:21:39","slug":"transfer-receive-money-interbank-mobile-payment-services","status":"publish","type":"post","link":"https:\/\/www.amitbhawani.com\/blog\/transfer-receive-money-interbank-mobile-payment-services\/","title":{"rendered":"Transfer &#038; Receive Money with Interbank Mobile Payment Services"},"content":{"rendered":"<p>With the power of Mobile Payments, you can now easily transfer payments to your friends and family directly from your mobile phone itself. The system is quite easy and also secured giving you the facility of easy funds transfer. Earlier we had written about different ways of transferring payments instead of visiting your bank physically at <a href=\"https:\/\/www.amitbhawani.com\/blog\/icici-bank-introduces-request-funds-feature\/\">Transfer Funds to ICICI Bank<\/a>, <a href=\"http:\/\/androidadvices.com\/icici-bank-android-app-to-transfer-funds-check-statements\/\">ICICI Bank Android App<\/a>, <a href=\"https:\/\/www.amitbhawani.com\/blog\/steps-how-to-transfer-funds-from-your-icici-bank-account\/\">How to Transfer Funds from your ICICI Bank Account<\/a> etc.<\/p>\n<p>In this article we are going to discuss about the Mobile Payment Services offered by the <a href=\"https:\/\/www.amitbhawani.com\/blog\/icici-bank-india-bankrupt\/\">ICICI Bank India<\/a>. The first of its kind service launched by National Payments Corporation of India [NPCI] along with the approval by Reserve Bank of India [RBI]. With the IMPS Service you can easily transfer money from your bank account to any other Savings Bank Account of any participating bank using your normal mobile phone. Some of the main features of this service are :<\/p>\n<ol>\n<li>Instant Money Transfer<\/li>\n<li>24&#215;7 Money Transfer<\/li>\n<li>Convenience of transferring money using your mobile<\/li>\n<li>3rd party bank transfer<\/li>\n<\/ol>\n<p><a href=\"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2011\/03\/Mobile-Payments-Transfer.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-21866\" title=\"Mobile Payments Transfer\" src=\"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2011\/03\/Mobile-Payments-Transfer-300x87.png?resize=300%2C87\" alt=\"Mobile Payments Transfer\" width=\"300\" height=\"87\" srcset=\"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2011\/03\/Mobile-Payments-Transfer.png?resize=300%2C87&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2011\/03\/Mobile-Payments-Transfer.png?resize=150%2C43&amp;ssl=1 150w, https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2011\/03\/Mobile-Payments-Transfer.png?w=765&amp;ssl=1 765w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Now you can send money instantly from your savings bank account using your mobile number along with a 7 digit MMID (Mobile Money Identifier) number. To receive funds you will need to generate MMID.<\/p>\n<p><strong>How to transfer money<\/strong><\/p>\n<ul>\n<li> Go to iMobile on your mobile phone<\/li>\n<li> Select Transfer Funds under Insta FT<\/li>\n<li> Enter beneficiaries 10 digit mobile number and 7 digit MMID number followed by the amount you wish to transfer<\/li>\n<li> Confirm entered details<\/li>\n<li> To authenticate, enter the required 3 grid values (eg: I=24,K=54,M=43), of the 16 grid values present at the back of your ICICI Bank debit card<\/li>\n<li> Once your details are authenticated, the money is transferred instantly from your account. You will also get an SMS with the transaction status<\/li>\n<\/ul>\n<p><strong>How to receive money<\/strong><\/p>\n<ul>\n<li>To receive money to your account via instant money transfer you will need to share your mobile number and MMID with the payee<\/li>\n<li>To generate MMID<br \/>\nCall our 24hr Customer Care<br \/>\nOR<br \/>\nGo to iMobile on your mobile phone<br \/>\n     &#8211; Select Transfer Funds under Insta FT<br \/>\n     &#8211; Click on Generate MMID number <\/li>\n<\/ul>\n<p>This service is currently available through ICICI Bank iMobile Application. MMID &#8211; stands for Mobile Money Identifier, which is a unique 7 digit id corresponding to every savings account.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the power of Mobile Payments, you can now easily transfer payments to your friends and family directly from your mobile phone itself. The system is quite easy and also secured giving you the facility of easy funds transfer. Earlier we had written about different ways of transferring payments instead of visiting your bank physically [&hellip;]<\/p>\n","protected":false},"author":42,"featured_media":21866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[665],"tags":[],"class_list":{"0":"post-21862","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tips-tweaks","8":"entry"},"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2011\/03\/Mobile-Payments-Transfer.png?fit=765%2C224&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":175,"url":"https:\/\/www.amitbhawani.com\/blog\/icici-bank-introduces-request-funds-feature\/","url_meta":{"origin":21862,"position":0},"title":"ICICI Bank introduces Request Funds feature","author":"Amit Bhawani","date":"November 8, 2007","format":false,"excerpt":"ICICI bank after a announcement couple months back regarding No EFT transfer has now started a new feature in their online banking system by the name of Request Funds facility which is visible under the Account Summary option when you login to your online ICICI banking accounts. This facility allows\u2026","rel":"","context":"In &quot;Tech News&quot;","block_context":{"text":"Tech News","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tech-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/icici-request-funds.jpg?fit=660%2C384&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/icici-request-funds.jpg?fit=660%2C384&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/icici-request-funds.jpg?fit=660%2C384&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":5822,"url":"https:\/\/www.amitbhawani.com\/blog\/pay-utility-bills-online-free-of-cost-via-icici-bank-account\/","url_meta":{"origin":21862,"position":1},"title":"Pay Utility Bills Online free of Cost via ICICI Bank Account","author":"Tony Stark","date":"November 18, 2009","format":false,"excerpt":"If you own a ICICI bank account in India then you can pay all your utility bills from your office, home or any location. You just need to register with the available billers to get started and pay your bills every month on time automatically. First of all you need\u2026","rel":"","context":"In &quot;Tips &amp; Tweaks&quot;","block_context":{"text":"Tips &amp; Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"ICICI Bank","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2009\/09\/ICICI-Bank-150x150.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":10743,"url":"https:\/\/www.amitbhawani.com\/blog\/how-to-transfer-money-from-india-to-us-or-abroad-wire-transfer\/","url_meta":{"origin":21862,"position":2},"title":"How to Transfer Money India to US or Abroad &#8211; Wire Transfer","author":"Amit Bhawani","date":"May 2, 2010","format":false,"excerpt":"I have purchased a few gadgets through a friend who is a student in the United States and the total cost of this is at around 600$. Now since he has already shipped me the purchase through USPS, i need to send him the payment but it seems like he\u2026","rel":"","context":"In &quot;How to Guide&quot;","block_context":{"text":"How to Guide","link":"https:\/\/www.amitbhawani.com\/blog\/category\/how-to\/"},"img":{"alt_text":"Transfer Money US","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/05\/Transfer-Money-US-150x150.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":374,"url":"https:\/\/www.amitbhawani.com\/blog\/steps-how-to-transfer-funds-from-your-icici-bank-account\/","url_meta":{"origin":21862,"position":3},"title":"Steps : How to Transfer Funds from your ICICI Bank Account","author":"Amit Bhawani","date":"March 12, 2008","format":false,"excerpt":"ICICI bank is one of the best private banks in India which offers online funds transfers from one account to another and this feature can help you out in saving tonnes of time, paper works and resources. This feature helps you to move any amounts of funds from one account\u2026","rel":"","context":"In &quot;Tips &amp; Tweaks&quot;","block_context":{"text":"Tips &amp; Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1542,"url":"https:\/\/www.amitbhawani.com\/blog\/icici-bank-india-bankrupt\/","url_meta":{"origin":21862,"position":4},"title":"ICICI Bank India Bankrupt Story","author":"Amit Bhawani","date":"September 30, 2008","format":false,"excerpt":"ICICI Bank India falls to a 52-week low and there are rumours all over the world that says that ICICI is going to follow Lehmann Brothers Inc of USA which is filing for bankruptcy. Also Meryl Lynch has been sold out & AIG has been bailed out by Federal reserve\u2026","rel":"","context":"In &quot;Tech News&quot;","block_context":{"text":"Tech News","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tech-news\/"},"img":{"alt_text":"ICICI Bank India","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/Images\/I\/ICICI-Bank-Logo.gif?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":10729,"url":"https:\/\/www.amitbhawani.com\/blog\/what-is-outward-remittance\/","url_meta":{"origin":21862,"position":5},"title":"What is Outward Remittance &#8211; Rules &#038; Limits","author":"Amit Bhawani","date":"May 2, 2010","format":false,"excerpt":"Outward Remittance is a process of sending money to a Foreign Account while you are a Resident of India, in short transferring funds from your account to a account which is setup in another country. The Service is approved under the FEMA (Foreign Exchange Management Act), allowing you to transfer\u2026","rel":"","context":"In &quot;What is Guide&quot;","block_context":{"text":"What is Guide","link":"https:\/\/www.amitbhawani.com\/blog\/category\/what-is\/"},"img":{"alt_text":"Outward Remittance Funds","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/05\/Outward-Remittance-Funds-150x150.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/posts\/21862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/comments?post=21862"}],"version-history":[{"count":0,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/posts\/21862\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/media\/21866"}],"wp:attachment":[{"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/media?parent=21862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/categories?post=21862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amitbhawani.com\/blog\/wp-json\/wp\/v2\/tags?post=21862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}