BHIM (Bharat Interface for Money), developed by the National Payments Corporation of India (NPCI) is an aggregator for all UPI-based services offered by banks across the country. The app allows money transfer between any two bank accounts by using a smart phone with android operating systems. UPI allows a customer to pay directly from a…
Bharat Interface of Money (BHIM), a mobile app for easy and fast transactions has been developed by National Payments Corporation of India (NPCI). The app works on any smart phone with Android and iOS versions. BHIM app is already available on Google Play Store for ANdroind mobile phones. Here is the step by step procedure…
The Government of India has announced BHIM app in its efforts to make India a cashless country. The BHIM app is Aadhaar linked app and can be used on any smart phone. Prime Minister Narendra Modi launched this Aadhaar-based mobile payment application called BHIM (Bharat Interface for Money). The app is a rebranded version of…
The Government of India is likely to continue with its cashless / less cash transaction policy after 30th December 2016. The present restrictions on cash deposits and withdrawls will end after 30th December and the Government has to bring new rules with regard to deposits, withdrawls and other transactions in banks. Following are likely to…