A new way to Go Cashless BHIM App Launched Here is Everything You Need to Know, Recently Prime Minister Narendra Modi has launched a new app called BHIM which stands for “Bharat Interface for Money” is live for use now.
How and where to Download BHIM app?
BHIM app is a free application which can be download with respective stores for now BHIM app is only available for Android Smartphone users and soon it will be available for various smartphones operating system such as IOS, Windows, Blackberry etc. Below are the steps one need to follow to download BHIM app on your smartphones:
For Android users Visit Google Play search BHIM app or Click HERE to directly land to download page.
Go Cashless BHIM App Installation
For the normal feature phone users like using keypad handsets they can access the app without the internet by dialling *99#.
How to use the BHIM app?
After installing the app on your Android phone.
Tap open the app and register your bank details and also select a UPI PIN for security.
The app uses your mobile number as the payment address, which automatically enables the user for transactions on the app.
Benefits of using BHIM app:
On BHIM app, the user can send money to a phone number, bank account, check account balance, or also pay by scanning a QR code (similar to PayTM). All these transactions do not even require the user to share his/her phone number. One can also create Custom Payment Address in addition to their phone number. Also sers can send money to non-UPI banks by entering IFSC codes, similar to the internet banking.
What is the transaction limit on the BHIM app?
With BHIM app one can transfer up to Rs. 10,000 per transaction and up to Rs. 20,000 in a day.