Previously back in December, after demonetization issue, many people weren’t able to withdraw the cash from their accounts. At that moment, the current PM of India, Narendra Modi launched a new app called BHIM. The Bharat Interface for Money (BHIM) app lets the users make cashless payment using their mobile. The app can also be linked with other UPI applications and bank accounts as well. To make cashless payment through BHIM, you should register with it and set UPI password for the bank account. Once you get registered, you should be able to transact using the app. And from then, your mobile number will be your payment address.
Using BHIM, anyone can send or receive money from their colleagues, family and even from customers as well using a mobile number. Besides that, the app also can transfer money to non-UPI supported banks through IFSC and MMID as well. After making or receiving payments, you can your bank balance through BHIM app itself. Furthermore, the app even lets you check your transaction details, create custom payment address and has QR scan code for quicker entry of PA as well.
However, the BHIM app allows the users to make maximum RS. 10,000 per transaction whereas only RS. 20,000 in a day. The app only supports two languages such as Hindi and English. In the beginning, the app received many negative reviews from users claiming bugs restricting from registering the app. After getting launched, within few days the BHIM app gained more than 3 million downloads in Google Play Store. The developers of the app have pushed out a new update to it with some new features that are below.
- Added app support to new languages: Bengali, Gujarati, Tamil, Telugu, Kannada, Malayalam, Oriya.
- Enhanced privacy settings with an option to disable [email protected]
- Mobile registration retry through OTP or USSD.
- Change SIM for dual-SIM phones.
- Now you can restore your forgotten password.
- The app lets you report your issues to banks and also to view the status of resolution.
- Finally, you can reverse a payment received.