Results from the WOW.Com Content Network
Immediate Payment Service (IMPS) is an instant payment inter-bank electronic funds transfer system in India. IMPS offers an inter-bank electronic fund transfer service through mobile phones. The service is available 24x7 throughout the year including bank holidays. NEFT was also made available 24x7 from December 2019.
History. Paytm was founded in August 2010 with an initial investment of US$2 million by its founder Vijay Shekhar Sharma in Noida, Delhi NCR.It started off as a prepaid mobile and DTH recharge platform, and later added data card, postpaid mobile and landline bill payments in 2013.
Braintree is a company based in Chicago that specializes in mobile and web payment systems for e-commerce companies. Braintree provides clients with a merchant account and a payment gateway .  The company was acquired by PayPal on September 26, 2013.
Federal Bank Limited is an Indian private sector bank headquartered in Aluva, Kochi.The bank has 1,272 branches spread across different states in India. It also has representative offices abroad at Abu Dhabi, Qatar, Kuwait, Oman, and Dubai.