Fast track your receivables on the go anytime, anywhere- 24x7x365
Collect payments from your customers instantly with the new DBS Mobile Collection channel called IMPS (Immediate Payment Service). Through this facility, your receivables get credited to your bank account within seconds of transfer by your payer through any of the options of website, mobile app, sms or ussd from their mobile instruments. IMPS provides enhanced mobility and convenience through seamless transactions without any payment delays.
Why choose DBS Mobile Collection?
Immediate Payment Service (IMPS) is an instant interbank electronic fund transfer service through mobile phones. IMPS facilitates customers to use mobile instruments as a channel for accessing their banks accounts and remitting funds there from in a secured manner with immediate confirmation features.
MMID stands for ‘Mobile Money Identifier’. It is a 7 digit MMID unique code issued to you by your bank to enable you to avail of IMPS when you have to receive money. You will have different MMID's for different accounts; however, all these can be linked to a single mobile number registered with DBS Bank.
How do I Apply?
Simply visit us at any of our Branches and our Relationship Manager will be glad to assist you.