A step-by-step guide on how to use BHIM app,full explaination about bhim app

Why one should download it

I recommend that any person who has not used any other app, should start with this app. This app would give the experience of UPI app payment. If you need some more features then only you should try other UPI apps.

Those, who are using other UPI apps, should also try the BHIM. Because, you would definitely like its ease and simplicity.

This app doesn’t links many bank account at a time. But we should understand that everyone doesn’t have many accounts. Neither everyone want to use every method of fund transfer. I think, transfer through the mobile number is most widely accepted and this app gives you option to transfer fund using mobile number.

The BHIM app is backed by the government of India, therefore, you can expect the new features of Adhaar payment and fingerprint authentication would be available first to this app.

Prime Minister Narendra Modi has launched a UPI (United Payments Interface) based BHIM app on Friday. This Bharat Interface for Money (BHIM) app is a straightforward UPI app, which allows making simple digital payments directly from the bank account. Unlike wallet, this UPI-based app lets’s anyone make or receive payment through online banking, whereas wallet services require loading money before using it.

“Be it a smartphone or feature phone of Rs 1,000-1,200, BHIM app can be used. There is no need to have Internet connectivity. One only needs a thumb. There was a time when an illiterate was called ‘angutha chchap’. Now, time has changed. Your thumb is your bank now. It has become your identity now,” says PM Modi.

Aadhaar Payment app launched: Process of using the App to make digital transactions

A user can pay or receive money by just scanning QR code. All payment done using the app are secure through the network of Unified Payment and instantly gets credited into your bank account. Here we explain you detail BHIM app process for your convenience.BHIM app is now available on Android platform. You can get it from Google Play Store.Soon, the app will be made available to iOS and Windows platform.

How To Download BHIM

You can download the BHIM app from the Google playstore. Since, UPI system works on the Android platform, you would not find BHIM app for iPhone or windows phone. However, in future, you would expect the BHIM app for iPhone as well.

To get the BHIM app from the Google playstore search for ‘BHIM by national payment corporation of India’. Beware, as there are many fake app in the name of BHIM. You may also see the Chhota Bheem apps. Hence look for the author. It should be ‘National Payment Corporation of India’. You can also use the following URL to directly download to the BHIM app.

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

How to use the BHIM app to send or receive money?

The app provides privilege to send to receive money from anyone through a mobile number (payment address). Users can also send money to non-UPI supported banks by using MMID and IFSC code. Collecting money by sending a request and reverse payments are also enabled if required.

A user can pay or receive money by just scanning QR code. All payment done using the app are secure through the network of Unified Payment and instantly gets credited into your bank account. Here we explain you detail BHIM app process for your convenience.BHIM app is now available on Android platform. You can get it from Google Play Store.Soon, the app will be made available to iOS and Windows platform.

How to download BHIM App:

•  Visit Google Play Store on your android mobile
•  Search for BHIM App in the store
•  Hit Install button
•  The app will be installed on your Android device.
•  Click open to use the BHIM App

After completing the installtion of BHIM app process, the user has to register his/her bank account to the app and set up a UPI Pin for it. Once you get register with the Application, you can start making transactions by using BHIM app.

ESY STEPS FOR CASH LESS TRANSACTION WITH DETAIL EXPLAINATION

It’s time to go cashless. The purpose of demonetization is not only to remove black money but also to encourage cashless payment. Instead of breaking your heads by standing in ATM queue you should adopt a cashless method for the transaction. A cashless method is more transparent as every transaction can be traced easily as it leaves its footprints. 

Many smart people have adopted new cashless payment options. If you are wondering which cashless option, you should adopt here is list of 10 Best Cashless Payment options for you.

Cheque

The cheque is one of the oldest methods of cashless payment. It is a known method to everyone. In this method, you issue a cheque for the specific amount to someone else. The cheque gets deposited in the respective bank. The bank processes a payment through a clearing house.

The entire transaction done through cheque gets recorded and there is a proof of payment. However, there are instances where cheque payments get dishonored due to signature mismatch or insufficient fund. In order to avoid such issue, you can use other cashless payment options.

 Demand Draft

Demand draft is another rudimentary way of cashless transaction. It is a safest option to receive payment from anyone. Demand draft (DD) never gets defaulted as it is signed by the banker. The disadvantage of DD and cheque is you need to visit a bank in order to deposit cheque and demand draft. The clearance of cheque or DD takes additional time

. Credit Card or Debit Card

Credit card or debit card is another cashless payment method. The usage of credit card and debit card was limited in India. However, usage of credit card and debit card is increasing now. The limitation of this payment method is an availability of swipe card facility (PoS) at merchant end.

E-Wallets

E-wallet is next cashless payment option. E-wallet can be used to purchase products starting from grocery to airline tickets. In order to use E-wallets customer and merchant, both require a smartphone with active internet connection. The most popular example of E-wallet is PayPal. Apart from PayPal, you can also use Payoneer, Transferwise, Skrill, and PayZa.

After registering for E-wallet you need to link your credit card or debit card with your E-wallet id. You can use e-wallet for fund transfer or online shopping. It is a simplest cashless method.

Mobile wallet: This is basically a virtual wallet available on your mobile phone. You can store cash on the mobile to make online or offline payments. Various service providers offer these wallets via mobile apps, which you need to download on the phone. You can transfer the money into these wallets online using credit/debit card or Net banking. This means that every time you pay a bill or buy online via the wallet, you won't have to furnish your card details. You can use these to pay fees, bills and make online purchases. 

Plastic money: This includes credit, debit and prepaid cards. The latter can be issued by banks or non-banks and can be physical or virtual. These can be bought and recharged online via Net banking and can be used to make online or point-of-sale purchases, even given as gift cards. 

Net banking: This does not involve any wallet and is simply a method of online transfer of funds from your bank account to another bank account, credit card, or a third party. You can do it through a computer or mobile phone. Log in to your bank account on the Net and transfer money via national electronic funds transfer (NEFT), real-time gross settlement (RTGS) or immediate payment service (IMPS), all of which come at a nominal cost ranging from Rs 5-55.