Immediate Payment Service Logo

Last Update June 27th, 2023. IMPS is an instant interbank electronic payment service for transferring funds in real-time.

IMPS is also a popular method of payment for buying and selling bitcoin instantly and securely.

If you are buying or trading bitcoin in high volumes with IMPS transfer our recommendation is to use Binance for your trading needs.

Where To Buy Bitcoin With IMPS Transfer

CompanyFeesCountries Supported
Binance IconBinanceFreeAll countries

How To Buy Bitcoin With IMPS Transfer


Binance Homepage
CEO:Changpeng Zhao
Headquarters:Malta, European Union
Founders:Changpeng Zhao, Yi He
Customer service:Knowledge Base

Binance is a first-rate exchange for experienced traders who are looking for a respectable cryptocurrency marketplace to perform real-time trades.

With over 166+ cryptocurrencies available, both beginners and advanced traders have a myriad of tools and pairs available to them within one powerful trading platform. Through Binance P2P, more than 700 payment methods are supported.

Binance accepts deposits in over 50+ currencies including USD, EUR, JPY, KRW, GBP, AUD, RUB, and many more.


  • Trustworthy management
  • High volume exchange
  • Low fees
  • A large number of cryptocurrency pairs
  • Global support


  • Few payment options


What Is An IMPS Transfer?

Introduced in 2010, Immediate Payment Service (IMPS) is an instant interbank funds transfer service facilitated by National Payment Corporation of India (NPCI) intended specifically for the citizens of India. The service is available 24/7, including on bank holidays.

How IMPS Works