Digital payments have made everyday transactions convenient for many. Hence, more and more people are opting for digital wallets, to ensure smooth and quick transactions.

Those curious to learn what the IFSC stands for and all that it entails have come to the right place. These letters that are emblazoned on cheque books serve as an acronym for the Indian Financial System Code. This is the code that allows for electronic money transfers to occur. Read on to learn about this alphanumeric code.

Immediate Payment Service or IMPS allows you to do interbank money transfers instantly. Read here to know the advantages of IMPS and the charges associated with it.

UPI has become the most used digital payment option, while NEFT is also used widely for online money transfers. Learn the difference between UPI and NEFT and their benefits.