Modi said since the youngsters are already making digital transactions, they could also make an earning while doing so
The National Payments Corporation of India today announced the launch of mobile application for Aadhaar-based payments through BHIM app for merchants.
Used for sending money, BHIM app is different from mobile wallets such as Paytm and MobiKwik as it also allows sending money to people who don’t have the app.
Bharat Interface for Money (BHIM) is now available on Apple App Store for download and use.
Transactions worth Rs 361 crore have so far been made using the newly-launched Bhim app for mobile phones.
BHIM app users will now be able to send money using their 12-digit Aadhaar number at places where Aadhaar is listed as a payment option.
Bhim app gets new update on Google Play store, seven regional languages added along with spam report feature
A common complaint about the Bhim app not being able to generate a mobile PIN for debit cards that do not have expiry dates
BHIM app users are being warned from accepting payments from unknown virtual payment addresses.
The helpline will address questions regarding various platforms, including BHIM, eWallets, Aadhaar-enabled payment system and USSD.
BHIM, the unified app for UPI-based payments has crossed 3 million downloads in just five days.
The Indian Express explains how UPI-based digital payments application, BHIM will work, and the problems it faces.
BHIM app might have set the Play Store on fire, but duplicate apps are now flooding the store as well.
BHIM is different to mobile wallets such as Paytm and MobiKwik as it also allows sending money to people who don’t have the app.
BHIM’s launch comes at a time when the government has given a massive push to digital payments and the idea of a cashless economy.