About Us

Swallet Uses IMPS


The IMPS (Immediate Payment Service) from SWallet helps you access your bank account and transfer funds instantly and securely. You can send money using SWallet. We enable you to transfer funds from your SWallet account to any SWallet or Bank account. The beneficiary account is credited immediately when a fund transfer request is made from your side.

This service is available 24x7, throughout the year including Sundays and any bank holiday. Use IMPS service to transfer funds anytime

It is managed by the National Payments Corporation of India (NPCI) and is built upon the existing National Financial Switch network. In 2010, the NPCI initially carried out a pilot for the mobile payment system with 4 member banks (State Bank of India, Bank of India, Union Bank of India and ICICI Bank), and expanded it to include Yes Bank, Axis Bank and HDFC Bank later that year. IMPS was publicly launched on November 22, 2010. Currently, there are 53 commercial banks, 101 Rural/District/Urban and cooperative banks, and 24 PPIi signed up for the IMPS service.

Transfer Money Online in a Jiffy!

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Best Exchange Rates

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Safe and Secure

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Multiple Payment Options

Want to do a bank transfer? No problem. Want to do a cash payout? No problem at all! With over 140 banks and 100,000 payout locations, we have got it all covered! You can send money either through your bank account or simply use your debit/credit card.