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India Post Payments Bank (IPPB) to enable Digital Payments in Post Offices by April 2018

New Delhi : India Post Payments Bank (IPPB) Expansion Programme continues to make brisk progress and a nation-wide roll-out is scheduled beginning April 2018.  No decision has been taken to revise the timelines as reported in some sections of the media on Tuesday, 06th February 2018.

Once the proposed expansion is completed, IPPB will be providing the largest financial inclusion network in the country, covering both urban as well as rural hinterland with ability to provide digital payment services at the doorstep with the help of Postmen and GraminDakSewaks (GDS).  IPPB will also enable more than 17 crore active account-holders of Post Office Savings Bank to make interoperable digital payments including the benefit of NEFT, RTGS, UPI and bill payment services.  Additionally, the IPPB will enable acceptance of digital payments across post offices in the country in line with the digital payments initiative of the government.

News Reporter
Computers For You is a Leading Technology & Career Magazine Publishing from Hyderabad since 1999. In addition to this Web version, We have been bringing out this magazine for over 19 years (Since 1999) continuously and this is the Largest Circulated magazine in both the Andhra Pradesh and Telangana States and in addition to these States, this is being circulated in other cities like Bangalore, Chennai, New Delhi, Mumbai & Pune.

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