2 years ago Nikhil Pillai 0
PM Modi launches BHIM App
Prime Minister Narendra Modi launched the thumb impression based on a BHIM mobile app. Pushing for cashless transactions and the digital economy, Prime Minister Narendra Modi, on 30 December launched BHIM app drawing the name from BR Ambedkar who was a great economist. During the Digi Dhan mela at Talkatora Stadium in New Delhi, And also announced the mega draw will begin on 14th April, the birth anniversary of Ambedkar. And the other two schemes Lucky Grahak Yojana and DigiDhan Vyapar Yojana, the Narendra Modi said these schemes are a Christmas gift to the country.
The app is launched to reduce dependency on the use of plastic cards. Anyone with the Android phone can download the app, put in his/her Aadhar number and is good to make any transactions. The app mostly needs to need to be downloaded by the merchant and the thumb impression will work as the password of a customer.
To get people using the app, the PM announced a daily lottery of Rs 1,000 for the coming 100 days, and it will start from April and anyone transferring minimum Rs 50 will qualify for a chance to win the day’s draw.
The BHIM app, or the Bharat Interface for Money, is the Narendra Modi government’s latest app to push India towards a cashless society. It allows the users to make cashless payments using the mobile phones in a “secure and reliable” way. Prime Minister Narendra Modi launched the BHIM app, which is available for Android OS. An iOS (Apple) app will be launched soon.
The Aadhaar-based payments app has developed by the National Payment Corporation of India (NPCI). The ‘Made in India’ app is interoperable with the other Unified Payment Interface (UPI) applications, and bank accounts.
Big Advantage of BHIM App is that it not require an internet connection to work, making it a viable payment option even for the users without having an internet connection and living in areas with the low Cellular Network.
Where to download BHIM App from?
Download the App From Following Link:-
How to use BHIM App?
1: The BHIM app Download from the PlayStore.
2: The user has to register his/her bank account.
3: Set up a UPI pin for it.
4: The User Mobile Number will become the payment address.
Once you register, After that you can start transacting using the BHIM app.
How to send or receive money using the BHIM app?
The user can send or receive money from family, friends, and customers through a mobile number.
Another way to sent money through the non-UPI supported banks. It can done using MMID and IFSC.
The user can collect money by sending a request and reverse payments.
Which banks support the BHIM app?
The following 30 bank supports the BHIM App the list is as released by the government.
Allahabad Bank, Andhra Bank, Axis Bank, Bank of India, Bank of Baroda, Bank of Maharashtra, Catholic Syrian Bank, Canara Bank, Central Bank of India, Dena Bank, DCB Bank, Federal Bank, HDFC Bank, IDBI Bank, IDFC Bank, Indian Bank, ICICI Bank, Indian Overseas Bank, Karur Vysya Bank, Kotak Mahindra Bank, IndusInd Bank, Karnataka Bank, Punjab National Bank, RBL Bank, Oriental Bank of Commerce, State Bank of India, South Indian Bank, Standard Chartered Bank, Syndicate Bank, Vijaya Bank, Union Bank of India, United Bank of India.
The user can check the balance and make transactions on the go. The user can create a custom payment address also using the phone number. A QR code can be scans for faster entry of payment addresses. Retailers can easily print their QR Code for display.
For More Details:
How many Languages the BHIM App Support?
The BHIM app supports Hindi and English languages, but the government plans to launch it in other languages soon.