BHIM APP, What Is BHIM APP? BHIM full form? How to BHIM App Download? Is BHIM App Secure? Benefits of BHIM App? How BHIM App Work? Get All Detail Here.
BHIM is a Mobile App developed by NPCI (National Payments Corporation of India), based on UPI (Unified Payment Interface). BHIM launched by Prime Minister of India Narendra Modi to make easier e-payments directly through bank.
BHIM App was launched as part of the 2016 Indian banknote demonetisation & Cashless transaction drive, at a Digi Dhan programme at Talkatora Stadium in New Delhi on 30/12/2016. BHIM is app based digital payments solution. BHIM App supports all Indian banks which are live on UPI platform. UPI is built over the IMPS infrastructure & allows you to instantly transfer money between any two parties bank accounts.
BHIM App is an initiative to permit fast, secure & reliable cashless payments through your mobile phone. BHIM App is made in India Mobile App and it’s dedicated to the service of the nation.
BHIM App will let you send & receive money to other UPI accounts / addresses. Also, you can send money via IFSC (Indian Financial System Code) & MMID (Mobile Money Identifier) Code to users who don’t have a UPI based bank account.
Long Form of BHIM APP
Bharat Interface for Money
- Send or Receive Money: Send money to or receive money from your friends, family &customers through a mobile number or payment address.
- Check Balance
Using App you can check your bank balance & transactions details at any time.
- QR Code:You can scan a QR code for faster entry of payment addresses. Also, Merchants can easily print their QR Code for display.
BHIM APP Transaction Limits Maximum of Rs. 10,000 per transaction & Rs. 20,000 within 24 hours.
BHIM APP Transaction Conditions?
BHIM APP requires permission to your Phone Calls & SMS to verify your phone number.
How To Download BHIM APP?
It’s currently only available for Android User.
You may download this app from below Link.
How BHIM APP Work?
Just register your bank account with BHIM APP and set a UPI PIN for the bank account. Your mobile number is your payment address (PA), & you can simply start transacting.
To send money, just type in the mobile number / VPA address. BHIM will verify the payee. Type in the amount and hit pay.
BHIM APP is Secure?
Allaying security concerns over the Centre’s flagship digital payment application BHIM, the CEO of cybersecurity solutions firm Lucideus, said it was currently among the most secure ways to make digital payments. The encryption used for the application to communicate with the payments server is the same that is used in Google Wallet or Apple Pay. “BHIM uses three-factor authentication and hence, is relatively more secure from a consumer point of view. It also combines the convenience of a mobile wallet with the security of net banking,”
Benefits Of BHIM APP?You May Learn More About BHIM APP ON OFFICIAL WEBSITE
Check Out The Official Web site HereAre there any charges for using BHIM APP?
There are no charges for making transaction through BHIM APP.
Note:- There is chances that might Your bank can levy a nominal charge as UPI or IMPS transfer fee which is not under our control. Please check with your bank for more details.