Download BHIM App Mobile Payment For Cashless Transactions.Free Bhim App Donwload By Pm Modi : BHIM: UPI Payment App by Narendra Modi APK Download & Review – You can download BHIM App Apk From here .Bhim app is working fine all android versions such as Kitkat, lollipop, marshmallow, and Nougat too! . Bhim app for iPhone & iOS link will be posted shortly!The app is launched to reduce dependency on the use of plastic cards. Anyone with the an Android phone can download the app, put in his/her Aadhar number and is good to make any transactions. The app essentially needs to needs to be downloaded by the merchant and the thumb impression of the customer will work as the password. Bharat Interface for Money (BHIM) is an initiative to enable fast, secure, reliable cashless payments through your mobile phone. BHIM is interoperable with other Unified Payment Interface (UPI) applications, and bank accounts. BHIM is developed by the National Payment Corporation of India (NPCI). BHIM is made in India and dedicated to the service of the nation.
However, the app, at the moment is not showing in the app store in some phones and people can’t cracking jokes on ‘Chhota Bheem’ and ‘Pappu’. Many even mentioned Congress Vice President Rahul Gandhi in their tweets.
- As its launched by NPCI – Its based upon UPI (Unified Payments Interface) thus, you can send or transfer money to any bank account instantly!
- There’s no time limit, you can send or receive your money anytime, anywhere 24 x 7.
- Besides, this you can also use QR code to scan to pay or receive money.
- All the money you accept by BHIM will be instantly trasferred to your Bank account, no delays!
Bhim app is working fine all android versions such as Kitkat, lollipop, marshmallow, and Nougat too! . Bhim app for iPhone & iOS link will be posted shortly. The money can also be sent to non-UPI supported banks. This can be done using MMID and IFSC. The user can also collect money by sending a request and reverse payments if required.
Send Or Recive Money Using BHIM App
Send / Receive Money: Send money to or receive money from friends, family and customers through a mobile number or payment address. Money can also be sent to non UPI supported banks using IFSC and MMID. You can also collect money by sending a request and reverse payments if required.
The app allows you to easily transfer money or make a payment from your bank account using only your phone number. If the shopkeeper uses the BHIM app too, just open the app, choose “send money”, and type in the amount and the merchant’s phone number to make the payment. The money will be debited from your account, and credited to the merchant’s bank account which are linked by you and the vendor to the BHIM app.
Download BHIM APP APK File From Here
As We know This Bharat Interface for Money launched today and Its an Official Download on beautynama Already Downloaded by Thousands Via Us. Please Dont Install from any other source, be Sure to get it from google play Store only.BHIM apk download Mobile is for providing digital transactions. But in this case, we have the official APK of BHIM APP that you can download from here only.
How To Use BHIM App For Cashless Transactions
Register your bank account with BHIM, and set a UPI PIN for the bank account. Your mobile number is your payment address (PA), and you can simply start transacting. Yes! It is that simple. The app is developed by National Payment Corporation of India (NPCI). By using this app, Indian users can receive or send money through their mobiles by linking their bank accounts. A UPI PIN number will be provided to the user for secure transactions. This app soon is upgraded for USSD (Unstructured Supplementary Service Data) platform.
UPI apps went live earlier this year in August with 21 banks. However, the payments interface was integrated into the banking apps with other features too. The BHIM app Download, on the other hand, 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.
Here’s a step-by-step guide on how to use the app:
1. Android users can download the application from Play Store by searching for ‘BHIM’. The app is not available for iOS users yet.
2. Install the application and choose your language. The app will prompt you to verify your phone number using an SMS. Click on Next and wait for the verification process to be completed.
3. Once the verification is complete, input a four digit passcode.
4. After a passocode is set, the app will ask you to select your bank. Once the bank is selected, the app automatically picks up your details using your phone number. Select the primary bank account that will be used for all your transactions.
5. The app displays three options — send, request and scan/pay. Transactions are possible only between verified phone numbers.
6. To send money to someone, type in their phone number and the amount to be transferred. The app will prompt you to input your MPIN, usually a four or a six digit code that authenticates a mobile transaction.
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.
The app is a rebranded version of UPI (Unified Payment Interface) and USSD (Unstructured Supplementary Service Data). BHIM has been developed by National Payments Corporation of India (NPCI) and is about 2MB in size.
PM Modi said that BHIM will be the world’s biggest wonder. The app takes on the likes of Paytm, Mobikwik, Freecharge and other mobile payment apps which have become hugely popular since the government announced banning of Rs 500 and Rs 1000 notes on November 8. While launching the app, PM made payment to Khaadi.UPI needed all banks to become interoperable with the UPI technology (between February and June 2016), which is no mean task. NPCI took two extra months to ensure as many banks as possible were on board a compact system.
UPI is how apps like PhonePe — built in less than a year — help make the inter-banking experience as simple as email for customers. It is a living and breathing platform that enables immediate payments. And it was a wake-up call for banks to get their technology act together.
Bharat Interface for Money (or BHIM) is another of UPI’s progeny and applications. The buzz in the tech sphere is that it is the shape of things to come — read, technology and micro-lending. Though BHIM allows sending money to a mobile number, it requires the receiver to be registered with the UPI in order to accept payment. In turn, the long process of generating a UPI PIN by entering debit card details may discourage the poor and the illiterate.
“Through Aadhaar, any person — large service providers or independent ones such as plumbers or carpenters, irrespective of whether they are on BHIM or not — can get payments for their services directly into their bank accounts if it is linked to Aadhaar,” said Pandey. He added that almost two crore people are linking with accounts with Aadhaar every month and total figure for such accounts should go up to 50-60 crore — half the country —in the next two to three months.
BHIM app Full form
Maqny of you have heard that this word actually stands for something. Bharat Interface for Money is the full form of BHIM app , Which is in my opinion is dope. Its a clever move to call it in a short form. It actually makes it easy to remember as well as to spell.
Currently, there are five payment options on the BHIM app Apk Download — namely mobile number, bank account or IFSC code, among others. Aadhaar number will be the sixth such option. “There are some teething troubles but we are working on strengthening security,” said Pandey.