Bhim App, Bhim App download. The beauty of this app is in its simplicity. Bhim App is launched by our Honorable Prime Minister- Shri Narendra Modi. Bharat Interface for Money (BHIM) is an initiative to enable fast, secure, reliable cashless payments through your mobile phone based on the Unified Payments Interface (UPI). It is developed by the National Payments Corporation of India (NPCI). Bhim is made in India and is also supposed to support Aadhaar-based payments, where transactions will be possible just with a fingerprint impression, but that facility is yet to roll out. How to download bhim app and how to use? Just follow below steps.
There are 3 very simple methods to receive money. I’m explaining all three.
First, Tell Your friend/customer to send you money -Your Mobile Number is your Payment address, such as 9813******@upi or you can create a new one such as [email protected]
Second, Click on Request >>Verify Contact>>Enter amount to request and ask your friend to send money.
Third, Click on Request >> Click on QR Icon (Right Upper Corner) >> Enter Amount and Remarks and ask your friend/customer to send money by going to Scan& Pay Option (You will find it at Homepage of App)
Allahabad Bank, Andhra Bank, Axis Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Catholic Syrian Bank, Central Bank of India, DCB Bank, Dena Bank, Federal Bank, HDFC Bank, ICICI Bank, IDBI Bank, IDFC Bank, Indian Bank, Indian Overseas Bank, IndusInd Bank, Karnataka Bank, Karur Vysya Bank, Kotak Mahindra Bank, Oriental Bank of Commerce, Punjab National Bank, RBL Bank, South Indian Bank, Standard Chartered Bank, State Bank of India, Syndicate Bank, Union Bank of India, United Bank of India, Vijaya Bank.
The beauty of this app is in its simplicity. There are very simple ways to send/receive money. One of the biggest reasons of introducing the Bhim App is to encourage the merchants to receive payments through digital modes. The app would eliminate the long waiting period, transaction fee or charges, and hassle of getting a PoS (Point of Sale) machines.Merchants know very well what is the cost of charging 2% for each transaction & Rs 400 for Swiping machine rent. Its really costly for Small shops & merchants.
All UPI-connected banks accept BHIM – this includes all major Indian banks including SBI, ICICI, Axis, and HDFC. Even banks not connected to UPI can receive money through BHIM through IFSC, an 11-digit code assigned to every bank branch by the Reserve Bank of India.
Yes, even without a smartphone, anyone can use BHIM to make payments.You need to dial *99# from any kind of mobile phone, and this will show a menu – by typing in different numbers you can choose to send money, check your balance, or see transaction history.
To send money, for example, you’d type ‘1’ and hit send, then type ‘1’ again to select mobile number. Next, you’d type in the number and the amount, and then a PIN that can be generated using BHIM. This will work on any phone – even Rs 1,000 feature phones – without an Internet connection.
The BHIM App can be used to send and receive money through smartphones. Money can also be sent to non UPI supported banks. Bank balance can also be checked through the BHIM App. Currently Hindi and English are supported in the BHIM App, with more languages coming soon. You can check your bank balance and transactions details on the go.
Shopkeepers can use the BHIM app and receive money from a smartphone, or if the customer has linked a bank account and her Aadhaar ID, then the merchant can use Aadhaar Pay, an app that was soft-launched days ago. For this, the merchant has to have a smartphone (even a basic Android phone will do) and a Rs. 2,000 fingerprint reader. This is currently being distributed free in Aadhaar Payments pilot projects around the country.
On the shopkeeper’s phone, the customer types in her Aadhaar number and chooses her bank. Then, the shopkeeper uses the fingerprint reader for instant confirmation to complete the payment. The customer don’t need to carry her Aadhar card, or use a phone, only the merchant needs these.
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