PM Narendra Modi has launched a rebranded version of Unified Payments Interface (UPI) app at the Digi Dhan Mela camp in Delhi called Bharat Interface for Money (BHIM), the app is developed by National Payments Corporation of India (NPCI) and is available for Android smartphones via Google Play Store.
The BHIM app comes with a simple interface and is built for ease of use. The app is about 2MB in size. On starting the app, you will be asked to give permission to send an SMS and register your phone number. Once registered, you will be asked to set a 4-digit passcode, and then choose your bank. That’s it.
How to Get Bharat Interface for Money (BHIM) App for your Android Mobile:
BHIM app is available on Android platform. Get it from Google Play Store. Since the app is just launched, it isn’t available for iPhones and Windows phones.
Download BHIM (Android)
Features:
- Simple, Secure and Fast Transfers
- Now Send, Receive & Request Money Conveniently
- One App for all Banks
- Send / Receive Mobile, Payment Address
- Scan QR Code to pay instantly
- Check Bank balance instantly
How to Setup BHIM App on your Android phone
When you install the BHIM app on your android, you will be asked to enter your mobile number to create an account. Please note that it sends an SMS from your phone to verify your number, no OTP is required to authenticate it further. No sensitive data is shared. Make sure to enter the number linked to your bank account for easy process.
If you have entered a phone number that is linked to your bank account, the BHIM app will automatically fetch details of your bank after you select the bank.
Unlike other UPI apps where you have a cluttered interface, BHIM is a no-frills UPI app. On the top, you have an option to send money, request money or Scan and Pay using QR Code. By default, your registered mobile is your UPI address. For instance, if your mobile number is 8072507157, your default UPI address will be 8072507157@upi. You also get an option to create your customized UPI address, which could be your nickname or full name.
If you have an account in two or three different banks, you can easily switch between banks in just a few clicks. On the homescreen, you have ‘my information’ section, where you need to choose Bank Account. It will open a new screen giving you details about your existing bank account, option to change or reset PIN and request for account balance. On the top right corner, you have three dots to switch to a different bank account.
How to Send money with BHIM App
- Hit send on the main screen.
- Enter Mobile/Payment Address and Verify.
- Enter the amount.
- Click on ‘Pay’ button.
- Enter UPI PIN .
- Done
How to Request for money using BHIM App
To request money,
- On the main screen, tap Request.
- Enter Mobile/Payment Address and Verify.
- Enter the amount and hit Request.
The receiver’s phone pops up a notification about the request.
As UPI is built on top of Immediate Payment Service (IMPS), the transaction takes place in seconds. The best part is – the payment system works 24 hours a day, 7 days a week and 365 days. Talking about limits, you can transfer as low as Re 1 and maximum of Rs 20,000 per day. However, in a single transaction you can transfer maximum of Rs 10,000.
Indeed, BHIM is a simplified app for UPI payments. You get to choose between the UPI app offered by your bank or you can choose to use BHIM. Besides UPI, there is also Unstructured Supplementary Service Data (USSD) based platform which makes transactions as simple as checking the account balance of your prepaid mobile number. The government has also introduced Aadhaar Payment app for merchants, which allows you to pay using your Aadhaar card and fingerprint.
As UPI is built on top of Immediate Payment Service (IMPS), the transaction takes place in seconds. The best part is – the payment system works 24 hours a day, 7 days a week and 365 days. Talking about limits, you can transfer as low as Re 1 and maximum of Rs 20,000 per day. However, in a single transaction you can transfer maximum of Rs 10,000.
Indeed, BHIM is a simplified app for UPI payments. You get to choose between the UPI app offered by your bank or you can choose to use BHIM. Besides UPI, there is also Unstructured Supplementary Service Data (USSD) based platform which makes transactions as simple as checking the account balance of your prepaid mobile number. The government has also introduced Aadhaar Payment app for merchants, which allows you to pay using your Aadhaar card and fingerprint.
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