BHIM App by National Payments Corporation of India (NPCI)
January 24, 2017
There are chances that you’ve already downloaded the UPI-based BHIM app, which was recently launched by the Prime Minister Narendra Modi as an initiative to enable fast, secure, and reliable cashless payments through a smartphone. In other words, the app enables you to instantly send money from your bank account to another’s bank account with just a few taps on your Android smartphone, 24×7. In case you haven’t tried the BHIM app yet, here’s your guide to the BHIM app and how it works.
The BHIM app supports all Indian banks that are on the Unified Payments Interface (UPI) platform, which is built over the existing IMPS (Immediate Payment Service) infrastructure.
How the BHIM app works:-
When you open the app for the first time, it seeks your permission to send an SMS from your phone so that it can verify your mobile number and confirm that it is registered with one of the banks that are on the UPI platform. Note: Standard SMS charges may apply.
After verifying your mobile number, it asks you to create a 4-digit passcode – a password to lock the app so that no one can access the app without your permission.
Now the next step is: Adding the bank account followed by creating the UPI-PIN (you’ll need the debit card to create the UPI PIN) and Virtual Payment Address (VPA).
Note: 1. UPI-PIN is a 4-6 digit code that would be required for authorizing transactions. If you’ve already set up a UPI-PIN with other UPI apps, you can use the same PIN for BHIM app, or you can reset it by providing your debit card details.
2. By default, your registered mobile number would be your virtual payment address (VPA). For instance, if your phone number is 1234567890, your virtual payment address would be 1234567890@upi. However, you also get an option to create customized VPA.
3. Currently, BHIM app supports linking of one bank account at a time. At the time of account set-up, you can link your preferred bank account as the default account.
Send or Receive Money:
To send money, all you need to enter is the mobile number or virtual payment address of the recipient, amount and remarks (if any), and then UPI PIN to authorize the transaction. If the recipient doesn’t have VPA, you also have an option to add his bank account number and IFSC to send money.
In order to receive money from your friend, enter his VPA or mobile number and amount. Your friend will get a notification on his mobile, with an option to accept or reject the payment.
Note: Never share your UPI PIN with anyone. The BHIM app does not store or read your UPI PIN details, and your bank’s customer support will never ask for it.
• Easy-to-use user interface
• It supports both Hindi & English.
• It uses three-factor authentication to ensure the security.
• It’s not just another mobile wallet. It initiates transfers between bank accounts of two parties. You can send, receive or request money via virtual payment address (VPA) across any UPI supported banks. All payments are instant and 24/7, regardless of your bank’s working hours!
• There’s the option of creating your own QR code for a fixed amount of money, which the merchant can scan to make the deduction from your linked bank account.
• You can also check your bank balance and transactions on the go.
List of banks that support the BHIM app or any other UPI app:
The list is long: Allahabad Bank, Andhra Bank, Axis Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Catholic Syrian Bank, Central Bank of India, DCB Bank, Dena Bank, Federal Bank, HDFC Bank, ICICI Bank, IDBI Bank, IDFC Bank, Indian Bank, Indian Overseas Bank, IndusInd Bank, Karnataka Bank, Karur Vysya Bank, Kotak Mahindra Bank, Oriental Bank of Commerce, Punjab National Bank, RBL Bank, South Indian Bank, Standard Chartered Bank, State Bank of India, Syndicate Bank, TJSB Shahkari Bank, UCO Bank, Union Bank of India, United Bank of India, YES bank, and Vijaya Bank.
To use any one of the UPI apps, you should have:
An Android phone with active internet services.
An operative bank account and debit card relating to this account for creating UPI-PIN for transactions.
A mobile number registered with one of the UPI participating banks.
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