Prime Minister Narendra Modi launched UPI based mobile payment app BHIM (Bharat Interface for Money) Demonetisation has made Indian citizens go cashless. Soon after the announcement digital wallets companies like Paytm, Freecharge, and Mobikwik added the custom values and took over the announcement and made the profit out of it (which is quite obvious).


What Is BHIM?

BHIM stands for Bharat Interface For Money, which developed by National Payments Corporation of India (NPCI) and is available for Android smartphones via Google Play Store.This app comes with a really simple interface and is built for the easy use of the people. The size of the app is 2MB, which directly points out that this app can be run of any smartphone with ease.

National Payments Corporation of India (NPCI), BHIM has been conceived and launched by the Hon'ble Prime Minister of India, Narendra Modi on 30th December 2016 to bring in Financial Inclusion to the nation and a digitally empowered society.

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Is Bhim app giving cashback?

For merchants, the BHIM app offers cashback of 10 percent of the transaction value with an upper limit of Rs. 50 per transaction. Merchants need to credit minimum 10 transactions with a minimum transaction value of Rs. 25
Simple, Easy and Quick

Bharat Interface for Money (BHIM) is a payment app that lets you make simple, easy and quick transactions using Unified Payments Interface (UPI). You can make direct bank payments to anyone on UPI using their UPI ID or scanning their QR with the BHIM app. You can also request money through the app from a UPI ID.

Pioneered and developed by National Payments Corporation of India (NPCI), BHIM has been conceived and launched by the Hon'ble Prime Minister of India, Narendra Modi on 30th December 2016 to bring in Financial Inclusion to the nation and a digitally empowered society.

National Payments Corporation of India (NPCI)

NPCI is an umbrella organisation for operating retail payments and settlement systems in India, it is an initiative of Reserve Bank of India (RBI) and Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment and Settlement Infrastructure in India.


Considering the utility nature of the objects of NPCI, it has been incorporated as a "Not for Profit Company under the provisions of Section 25 of Companies Act 1956 (now Section 8 of Companies Act 2013), with an intention to provide infrastructure to entire banking system in India for physical as well as electronic payment and settlement systems. The Company is focused on bringing innovations in the retail payment systems through the use of technology for achieving greater efficiency in operations and widening the reach of payment systems.

Promoter Banks

NPCI's ten core promoter banks are State Bank of India, Punjab National Bank, Canara Bank, Bank of Baroda, Union Bank of India, Bank of India, ICICI Bank, HDFC Bank, Citibank N. A. and HSBC. In 2016 the shareholding was broad-based to 56 member banks to include more banks representing all sectors.

Last Seven Years Journey

NPCI during its journey for last six years, has made a significant impact on the retail payment systems in the country. Dedicated to the nation by our Honble President, Shri Pranab Mukherjee, endorsed by the Hon'ble Prime Minister, Shri Narendra Modi and later made the card of choice for the ambitious Pradhan Mantri Jan Dhan Yojana, RuPay is now a known name. With Immediate Payment Service (IMPS), India has become the leading country in the world in real time payments in retail sector. National Financial Switch (NFS) and Cheque Truncation System (CTS) continues to be the flagship products of NPCI. Unified Payments Interface (UPI) and Bharat Interface for Money (BHIM) has been termed as the revolutionary products in the payment system. Bharat Bill Payment System (BBPS) has also been launched in pilot mode. The other products in pipeline include RuPay Credit Card, National Common Mobility Card - Tap & Go and Electronic Toll Collection.

 How to get it?

Download the app from the Google Play Store. As you can see above, make sure you download the legit BHIM app, which has been developed by NPCI. The app sized at less than 2MB is not only light on size, but fortunately, gets an easy to use interface as well.

How to use it?

https://play.google.com/store/apps/details?id=in.org.npci.upiapp

After downloading the app, here’s what you need to make sure before using it:

  1. Register yourself on UPI with your bank
  2. Create a virtual payment address (VPA), which looks like [email protected] or [email protected]
  3. You will get an SMS confirming the creation of the VPA from your bank

Select the language of choice; English or Hindi for now
Register a 4-digit PIN that lets you unlock the BHIM app
Select your bank from the list given
Get directly linked to your bank account via your registered mobile number
Use the mobile number as your VPA ie [email protected]


In case you’re not able to send/receive money (we had issues with it), then make sure of doing this:
- Go to the Bank Profile option on the home page of the BHIM app
- Select the Reset PIN option
- Feed the last 6 digits of your debit card, and expiry month/year
- You get an SMS confirming the use of VPA, enabling payment via the BHIM app


- Via BHIM, you can send up to Rs 10,000 in 24 hours, with a monthly payment limit of Rs 20,000
- No extra charges for transactions via BHIM
- Unlike Paytm, your money is linked directly to your bank account

Works Without Internet Too

Unlike Paytm’s offline banking option, BHIM lets you send/receive money on a feature phone via the Unstructured Supplementary Service Data (USSD) method. This can be used by dialling *99# and these are the options available:


BHIM Gets UPI’s 3-Layer Security

Saket Modi’s Lucideus Tech is one of the companies that worked on UPI’s back-end security architecture.

UPI/BHIM requires a cell phone to make a successful payment and packs in three-actor authentication, making it the safest way to transfer funds online.

Saket Modi, CEO, Lucideus Tech

More about BHIM:-

• Transaction limit is Rs. 40,000 per transaction and per day
(Please note that your Bank’s Transaction Limit may vary from BHIM’s limit.)

• BHIM app is compatible with Android 5.0 and above.

Terms & Conditions:- https://www.bhimupi.org.in/terms-conditions

For more information, visit https://www.bhimupi.org.in/

Stop. Think. Act. You will never be asked for a pin to receive money. Use UPI PIN only if you want to pay or check account balance. Enjoy your BHIM APP safely.

About.Bharat Interface for Money (BHIM) is an app that makes payment transactions simple, easy and quick using Unified Payments Interface (UPI). It enables direct bank to bank payments instantly and collect money using a Mobile number or Payment address. Bharat Interface for Money app is currently available on Android and it is downloadable from Google Playstore, for smart phones.
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