Whoever said wishes don’t come true hasn’t explored our offers!
Whoever said wishes don’t come true hasn’t explored our offers!
  • BHIM UPI

    BHIM or Bharat Interface for Money, is a complete payment solution app that works on the Unified Payments Interface (UPI) system. BHIM is a digital payment method that allows users to make various transactions such as sending and requesting money with a Virtual Payment Address (VPA) on a real-time basis. Money can be sent and received instantly on all 365 days in a year on a 24/7 basis. The service can also be used on bank holidays. There is no need to provide bank account details such as account number or IFSC code, all transactions can be carried out using only a VPA. Customers can directly pay users using their VPA or scan and pay using the QR code option in the BHIM app. The app is available in 13 languages and 12 local languages including Hindi, Tamil, Telugu, Malayalam, Bengali, Odia, Marathi, among other languages. You can pay any of your friends or relatives using their UPI ID directly and also shop online and pay by using the ‘Pay by UPI/BHIM’ option. Many merchant outlets also accept the BHIM QR or UPI QR code.

    Here is what you can do with the BHIM app:

    • Send and collect money using UPI
    • Pay bills on merchant websites through UPI
    • Book flight tickets
    • Recharge your mobile
    • Scan and pay using QR code
    • Also send money using account number and IFSC code

    How to Download BHIM app

    The app can be downloaded on both Android and Apple phones. To download the app on your Android phone go to Google Play Store and to download the app on your Apple phone go to Apple App Store.

    How to register and use BHIM app: Step-by-step guide

    If you are a first-time user, here is how you can use the BHIM app:

    • Step 1: Download the app on your phone and open it
    • Step 2: Choose the language of your preference
    • Step 3: Choose the registered mobile number that is linked to your bank account to start the verification process. Proceed to click ‘Next To complete the verification process.
    • Step 4: Select a 4-digit password and link your bank account with the app. To do this choose the name of your bank.
    • Step 5: You have now successfully registered your BHIM account

    Once you have registered, you can send or receive payments. To send payments you can simply enter the mobile number or payment address of the receiver. You can also send money to banks that do not support UPI as well. You can do so using the MMID or IFSC code.

    To make payments to any merchant, you can use the ‘Scan and Pay’ option to scan their QR code and make the payment.

    If UPI is not activated for your bank account, then you will be asked to enter the expiry date and six digits of your debit card number.

    How to create a UPI ID or a VPA

    A default UPI ID or VPA will be allotted to users after registering on the BHIM app. This process happens by default. In case you want to add another VPA, all you have to do is go to the profile section.

    How to send money using BHIM app through UPI

    • Step 1: Log in to the app and click on the ‘Send’ icon
    • Step 2: Choose the VPA of the payee/beneficiary, enter the amount, remarks and proceed to send the money
    • Step 3: Key in your UPI PIN to authenticate and successfully send money

    How to receive/request money using BHIM app

    • Step 1: Log in to the app and click on the ‘Receive’ icon
    • Step 2: Choose the VPA of the person from whom you want to receive money from along with the transaction amount. Proceed to click submit
    • Step 3: The remitter will receive a notification and can either accept or reject the request

    Features of BHIM app:

    • Instant money transfer: With the BHIM app, money can be sent on a real-time basis at anytime and from anywhere. Also, there is no cumbersome process of adding beneficiary and filling up account details such as account number and IFSC code.
    • No bank holidays: The best part about this app is that you can send and receive money even on bank holidays and weekends.
    • Split bill with friends: The app also allows users to split bills with multiple users.
    • Payment reminders: Another feature of this app is the facility to schedule payment reminders.

    Banks That Support BHIM:

    • Andhra Bank.
    • Allahabad Bank.
    • Axis Bank.
    • Bank of India.
    • Bank of Baroda.
    • Canara Bank.
    • Bank of Maharashtra.
    • Catholic Syrian Bank.
    • DCB Bank.
    • Central Bank of India.
    • Dena Bank.
    • HDFC Bank.
    • Federal Bank.
    • IDBI Bank.
    • ICICI Bank.
    • IDFC Bank.
    • Indian Overseas Bank.
    • Indian Bank.
    • Karnataka Bank.
    • IndusInd Bank.
    • Kotak Mahindra Bank.
    • Karur Vyasa Bank.
    • Punjab National Bank.
    • Oriental Bank of Commerce.
    • South Indian Bank.
    • RBL Bank.
    • Standard Chartered Bank.
    • Syndicate Bank.
    • State Bank of India.
    • TJSB.
    • Union Bank of India.
    • UCO Bank.
    • United Bank of India.
    • Yes Bank Ltd.
    • Vijaya Bank.

    FAQs of BHIM UPI

    1. Is BHIM app a mobile wallet?
    2. No, the BHIM app is not a mobile or digital wallet. It is a type of payment application through which you can make payments using a VPA.

    3. What is UPI?
    4. UPI is nothing but a type of payment method, through which transactions can be processed using a VPA. Unlike, NEFT or RTGS, there is no need for bank account details or IFSC code when it comes to UPI.

    5. Can I use BHIM if my bank has not gone live with UPI?
    6. No, unfortunately, this will not be possible.

    7. What is a VPA?
    8. A Virtual Payment Address (VPA) is like an email id that helps identify users using this app. It is used to send and collect money.

    9. Can BHIM be used in foreign countries?
    10. BHIM can be used if you are travelling abroad but only to send and receive money from Indian accounts.

    11. Are there any transaction charges for using BHIM? No. It is a completely free service.

    12. Can i use BHIM if I do not have access to internet?
    13. Yes. In such a case use the *99# service to use the app without an active internet connection.

    14. What can I do if the money has not been sent but my bank account has been debited?
    15. In such a case, the transaction might have failed due to some error. The best thing to do is to report the issue on the BHIM app. The money will be credited back to your bank account in around 3 working days.

    16. If I send money to the wrong person, is it possible to cancel the transaction?
    17. BHIM allows instant money transfers and hence once a transaction has been successfully processed, it is not possible to reverse it at any point of time. However, you can try to raise a collect request, mentioning that the money was sent by mistake.

    News About BHIM

    • BHIM UPI App Sees Transactions of 9.1 Million in December, 2017

      The UPI transactions done through the Bharat Interface for Money (BHIM) has continued to drop even in the month of December, 2017. The BHIM UPI app saw transactions worth Rs. 3,083.2 crore. Of the total UPI transactions processed in the month of December, the 9.1 million transactions done through BHIM app accounts for only 6%. The amount transacted through BHIM app accounts for 23%. Though the numbers are not great when the overall UPI transactions are taken into the picture, the monthly analysis shows improvement for BHIM.When compared to the numbers of November, 2017 the number of transactions grew by 10% while the amount transacted also saw a growth of 21%. With regards to net additions, transactions grew by 0.85 million while amount transacted grew by Rs. 529.8 crore. The average amount per transaction done through BHIM app was Rs. 3,400.

      11 January 2108

    • Now, Buy Rail Tickets with BHIM, UPI

      The Indian Railways will now accept all payments made through digital channels such as the UPI interface and BHIM app.

      Consumers will not have to pay any additional charges for booking tickets through these payment methods. This move has been taken in an effort to encourage cashless transactions in India. UPI payments can be made without account number or IFSC code of the payee/beneficiary. Apart from this, ticket counters will have POS counters in all railway stations, where customers can pay through debit and credit cards. A notification has already been issued in this regard earlier.

      5 December 2017

    • BHIM UPI Sees 149% Growth

      There has been a good growth rate as far as BHIM UPI transactions are concerned in the country. There has been over 79 million UPI transactions in the month of October, which is a growth rate by 149%.

      This rise in the number of UPI transactions may be due to many factors including a large number of banks tieing up with the UPI, other third-party apps integrating with UPI and also an increase in acceptance rates among online merchants.

      UPI, allows customers to make payments through a secure interface without registering a payee/beneficiary, or proving account number and IFSC details.

      5 December 2017

    • Soon Avail CashBack, Rewards for Digital Payments through BHIM, BBPS

      The government of India is likely to launch various incentives and rewards to make digital payments more affordable than transactions involving cash. The aim is to introduce offers on the Bharat Interface for Money (BHIM) app and the Bharat Bill Payment System (BBPS). The offers will include various types of cashbacks and rewards for transactions on the BHIM app. Steps are also being taken to ensure security is maintained on the app interfaces.

      The government has been taking various measures to promote cashless transactions in the country post demonetization.

      In another move, the BHIM app interface will now work in integration with Paytm. Both Paytm and BHIM app payments will be accepted with no transaction fee.

      14 November 2017

    • Now, Pay via BHIM UPI on Paytm

      Paytm has now integrated with BHIM UPI to allow customers to make payments using UPI on the mobile payments platform.

      With this new feature, customers will be able to create a VPA and have a UPI ID, which will be given out by Paytm Payments Bank. Users can now also link their savings account with the app and can use the same to both send and collect money.

      In order to create a BHIM UPI ID, go to the home screen and do so by following a simple set of instructions. The ID will be the same as the user's registered mobile number. Apart from this, around 5 million merchant partners will be trained by Paytm. As per prevailing guidelines issued by the National Payments Corporation of India, up to Rs.1 lakh can be sent using this platform on a daily basis without any hassle.

      10 November 2017

    • Soon Avail Cashbacks, Rewards for Digital Payments through BHIM, BBPS

      The government of India is likely to launch various incentives and rewards to make digital payments more affordable than transactions involving cash. The aim is to introduce offers on the Bharat Interface for Money (BHIM) app and the Bharat Bill Payment System (BBPS). The offers will include various types of cashbacks and rewards for transactions on the BHIM app. Steps are also being taken to ensure security is maintained on the app interfaces.

      The government has been taking various measures to promote cashless transactions in the country post demonetization.

      In another move, the BHIM app interface will now work in integration with Paytm. Both Paytm and BHIM app payments will be accepted with no transaction fee.

      9 November 2017

    • All Banks Likely to Adopt BHIM Interface for Digital Payments

      All public sector and private banks in India may soon integrate with the Bharat Interface for Money (BHIM) app to make it a part of their digital payments solutions. The move is aimed at encouraging more and more people to adopt UPI.

      As a part of this move, the BHIM prefix will now be displayed on all bank UPI apps to avoid confusion among customers as well as merchants. The aim objective of this initiative is to give a single identity to all the UPI apps in the market.

      8 November 2017

    • QR Codes Becoming a Popular Digital Payment Solution

      QR code payments are slowly gaining popularity in India, especially after the launch of payment platforms such as UPI and BHIM. Bharat QR code and UPI QR have become popular payment methods.

      This allows customers to make payments easily no matter what app they use because BHIM is interoperable across different apps.

      Post demonetization, QR code payments have been on the rise and the system works with various cards in the market such as MasterCard, Visa and RuPay. QR cards offer a very safe and secure payment interface for customers.

      8 November 2017

    • BHIM App Offers Discount for Petrol/Diesel

      Those customers who make petrol and diesel payments through the BHIM app will be eligible for a certain discount. This move has been taken by the government to promote cashless transactions and push the digital movement across the country.

      When it comes to petrol, a discount of Rs.49 paise per litre will be provided and when it comes to diesel the discount will be Rs.41 paise per litre.

      The BHIM app was launched by Prime Minister Narendra Modi on December 30, 2016. BHIM, expanded as Bharat Interface for Money, was launched by the National payments Corporation of India and is based on the Unified Payments Interface (UPI). UPI allows users to send and receive money without the need to provide bank account details or IFSC code.

      16 October 2017

    • Merchants can avail BHIM cash back till March 2018

      Merchants can continue to avail the cashback offer provided for accepting payments through the Bharat Interface for Money (BHIM) app. Incentives of up to Rs.1,000 are offered under this scheme.

      A transaction can be made in this app using IFSC code, UPI address, bank account details, etc. This facility will be available to all merchants till March 31, 2018.

      At present, as many as 16 million people have downloaded the app and more than 4 million people are actively using the app.

      A cashback of Rs.50 can be availed for around 20 to 50 transactions. The upper cap on the maximum cash back is Rs.1,000 per month.

      1 September 2017

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.