Monthly transaction processed through critical payment infrastructure

NEFT Volume

457+

MILLION
NEFT Value ₹

27+

TRILLION
RTGS Volume

19+

MILLION
RTGS Value ₹

115+

TRILLION

Technology

Technology that drives payments

IFTAS is at the heart of a fast-moving payment revolution. Our state-of-the-art Infrastructure powers payments in India and the globe. We meet the rapidly evolving needs of hundreds of banks and billions of consumers – all eager to benefit from new and future payment methods.

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Gift to Bhutan

As a first step outside India, IFTAS implemented GIFT, its Payment & Settlement System, in Bhutan, to enable cashless payments and in turn bolster the growth of the financial sector of Bhutan.

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Award of Excellence

IFTAS was felicitated at the 10th edition of Aegis Graham Bell Award, in the 'Innovation in Digital Transformation' category. The prestigious award is supported by NITI Aayog.

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NEFT goes 24x7!

IFTAS played a crucial role in enabling NEFT 24 x 7 for millions of Indians which went live on 16th Dec 2019.

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RTGS is now 24x365

Reserve Bank of India announced the availability of RTGS 24X365 w.e.f. 14th Dec 2020, making India one of the few countries in the world to operate the system 24X365.

IFTAS played a critical role in enabling it.

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