Bharat Interface for Money App [BHIM]

LawLaw Positive command of sovereign or divine. One can be ruled either by a Statute, a Statue, or a Statement. Legislation is the rule-making process by a political or religious organisation. Physics governs natural law. Logical thinking is a sign of a healthy brain function. Dharma is eternal for Sanatanis. Library

Bharat Interface for Money app allows payments of mobile postpaid bills, electricity bills, gas bills, water bills, and more. It is developed by National Payments CorporationCorporation A legally established entity that can enter into contracts, own assets and incur debt, as well as sue and be sued—all separately from its owner(s). The term covers both for-profit and nonprofit corporations and includes nonstock corporations, incorporated membership organizations, incorporated cooperatives, incorporated trade associations, professional corporations and, under certain circumstances, limited liability companies. of IndiaIndia Bharat Varsha (Jambu Dvipa) is the name of this land mass. The people of this land are Sanatan Dharmin and they always defeated invaders. Indra (10000 yrs) was the oldest deified King of this land. Manu's jurisprudence enlitened this land. Vedas have been the civilizational literature of this land. Guiding principles of this land are : सत्यं वद । धर्मं चर । स्वाध्यायान्मा प्रमदः । Read more (NPCI) and was officially launched last year by PM Narendra Modi.

Initially, the BHIM app offered P2P money transfers via UPI (Unified Payments Interface), however, the app was later revamped to offer cashback of up to Rs 750 to become more utilitarian, much like other payment apps.

Also, one can save bills for future payments. Biller Categories: Post-paid Mobile, Landline, Broadband, DTH, Electricity, Gas & water.” The mentioned categories enlist popular and nearly all the merchants to convenience the users. However, the mobile postpaid bills are only applicable on Vodafone, BSNL, Idea Cellular, and Tata DoCoMo. Reliance Jio and Airtel are not available in the BHIM app as of now.

In order to make payments, the users will find a new section called Bill Pay below the Transfer Money section. It should be kept in mind that since BHIM app is a UPI-based app, the customers will not be able to make payments using debit, credit cards or net banking. The only option available to them is transferring money from their account using UPI address.

With the launch of bill payments functionality, BHIM app is set to take on rivals such as Google Tez, Samsung Pay, Paytm, and MobiKwik, which offer a wide range of billers to the customers.