Bhim is a mobile app developed by NPCI that allows users to make simple and quick digital payments using UPI. It allows for bank-to-bank money transfers using just a mobile number. Key features include QR code scanning, transaction history, setting beneficiaries, and changing UPI PINs. Benefits are cashless payments anywhere anytime with added security of two-factor authentication for seamless money transfers using mobile numbers as identifiers. Users can register their bank account on Bhim, set a UPI PIN, and start making transactions by linking their mobile number to their bank account.
Bhim is a mobile app developed by NPCI that allows users to make simple and quick digital payments using UPI. It allows for bank-to-bank money transfers using just a mobile number. Key features include QR code scanning, transaction history, setting beneficiaries, and changing UPI PINs. Benefits are cashless payments anywhere anytime with added security of two-factor authentication for seamless money transfers using mobile numbers as identifiers. Users can register their bank account on Bhim, set a UPI PIN, and start making transactions by linking their mobile number to their bank account.
Bhim is a mobile app developed by NPCI that allows users to make simple and quick digital payments using UPI. It allows for bank-to-bank money transfers using just a mobile number. Key features include QR code scanning, transaction history, setting beneficiaries, and changing UPI PINs. Benefits are cashless payments anywhere anytime with added security of two-factor authentication for seamless money transfers using mobile numbers as identifiers. Users can register their bank account on Bhim, set a UPI PIN, and start making transactions by linking their mobile number to their bank account.
Bhim is a mobile app developed by NPCI that allows users to make simple and quick digital payments using UPI. It allows for bank-to-bank money transfers using just a mobile number. Key features include QR code scanning, transaction history, setting beneficiaries, and changing UPI PINs. Benefits are cashless payments anywhere anytime with added security of two-factor authentication for seamless money transfers using mobile numbers as identifiers. Users can register their bank account on Bhim, set a UPI PIN, and start making transactions by linking their mobile number to their bank account.
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MOHSIN NAZIR
CENTRAL UNIVERSITY OF KASHMIR
INTRODUCTION Bharat Interface for Money (BHIM) is an app that lets you make simple, easy and quick payment transactions using Unified Payments Interface (UPI). BHIM is developed by the National Payment Corporation of India (NPCI) as a part of the Digital India initiative. You can easily make direct bank to bank payments instantly and collect money using just Mobile number or Payment address. Service available are as follows: Send Money Request Money Scan & Pay Transactions Profile Bank Account UNIQUE FEATURES OF BHIM
QR code based scan & pay option available,
Generate your own QR code option is also available Option to save your beneficiaries for future references Access transaction history and Request Balance anytime Create, reset or change UPI PIN Report Issue and call Bank facilities are given to lodge complaints FAQ section is created in the app to answer all the queries regarding BHIM Available in different languages. BENEFITS OF BHIM Single App for sending and receiving money and making merchant payments Go cashless anywhere anytime Added security of Single click 2 factor authentication Seamless money collection through single identifiers, reduced risks, real time Mobile no. or Name used to create VIRTUAL PAYMENT ADDRESS (VPA) Best answer to Cash on Delivery hassle Send and collect using VIRTUAL PAYMENT ADDRESS (VPA) or A/c no & IFSC Payments through single app in your favourite language. 24X7, 365 days instantaneous money transfer HOW DOES IT WORK? Register your bank account with BHIM, & set a UPI PIN for the bank account. Your mobile number is your Payment Address, & you can simply start transacting. Yes! It is that simple. HOW TO TRANSFER MONEY ONLINE? Make Cashless Payments or receive money from friends, family and customers through a mobile number or payment address. Instant Money Transfer can also be made to an unregistered user using Mobile number, Account number +IFSC and Aadhaar Number. You can also collect money by sending a request and reverse payments instantly if required. REQUIREMENTS Before you register on the app, please ensure the following: You have a valid Debit Card for your account You have linked your Mobile Number with your Account Your registered mobile no. is present in the same device as the BHIM app TRANSACTION LIMITS Per transaction maximum limit of Rs. 10,000. Per day maximum transaction limit of Rs. 20,000
There is a limit of 20 transactions per account per bank.
HOW TO ACCESS BHIM Step 1: Download and Install BHIM app from Google Play store Step 2: Select your preferred language. Step 3: Select SIM which has mobile number that is registered with bank CBS Step 4: Login by setting a 4 digit application password Step 5: Link your bank accounts using bank account option Step 6: Set your UPI PIN by providing last 6 digits of debit card and expiry date of debit card Step 7: Visit Profile option and set virtual payment address (VPA)s (2 virtual payment address (VPA)s are allowed per user 1. mobno@upi, 2. name@upi) Step 8: Set one virtual payment address (VPA) as a primary virtual payment address (VPA) ( Ex. name@upi can be primary virtual payment address (VPA) making it easy to share with others) Step 9: QR code feature is available, by using Scan and Pay option send and collect money anytime Step 10: Send, receive, collect money using virtual payment address (VPA), Account number + IFSC ,Scan and Pay option HOW TO SEND MONEY ON BHIM 1. Using Virtual Payment Address (VPA) 2. USING MOBILE NUMBER: 3. USING ACCOUNT NO & IFSC: HOW TO COLLECT MONEY ON BHIM 1. USING VIRTUAL PAYMENT ADDRESS 2. USING MOBILE NUMBER: 3. USING GENERATED QR CODE (DYNAMIC): HOW TO SCAN & PAY MY PROFILE (STATIC) HOW TO RESET/CHANGE UPI PIN ON BHIM HOW TO RAISE COMPLAIN ON BHIM THANK YOU ANY QUERIES ????