mobile

Mobile Collection (IMPS)

Fast-track your receivables on the go anytime, anywhere- 24x7x365

Mobile Collection (IMPS)

Fast-track your receivables on the go anytime, anywhere- 24x7x365

At a Glance
Collect payments from your customers instantly with the new DBS Mobile Collection channel called IMPS (Immediate Payment Service). Your payer can use any of the options of website, mobile app, sms or ussd from their mobile instruments.
fast

Faster

Your receivables get credited to your bank account within seconds of transfer by your payer

seamless

Seamless

IMPS provides enhanced mobility and convenience through seamless transactions without any payment delays.

Features & Benefits
shorter

Shorter receivables cycle

Facility available throughout the year even on Sundays and bank holidays with instant credit of payments to your account

mis

Customisable MIS Reports

Automated reconciliation sent to both you and your payer with transaction details. MIS reports are customizable in varying formats based on your requirements

paper

Avoid Paper Based Payments

Avoid risks associated with paper-based payments. Examples include cheques returns, fraudulent encashment, and counterfeit notes

secure

Secure Transfers

Be assured of data confidentiality and highly sophisticated data encryption technology to ensure secure transfers

Contact Us

Schedule a callback via this online form 

Alternatively, you can reach us at 1800 103 6500 / 1800 419 9500

Email: businesscarein@dbs.com

FAQs
What is IMPS?

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.

What is MMID? How do I get it?

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.