BHIM To Be Right Platform for Banks to Enter Payment Space

By | June 24, 2018

Government-promoted mobile app BHIM can provide a perfect platform for small banks to enter the retail payments space without developing their own customer-facing apps. BHIM App, which is being developed by the National Payments Corporation of India (NPCI) and is promoted by the government as a parallel UPI app, can turn out to be an ideal white-label solution,… Read More »

BHIM App (All You Need to Know) – Money Transfer Made Easy

By | June 23, 2018

The BHIM app is supposed to support Aadhaar-based payments, where transactions will be possible with just a fingerprint impression, but that facility is yet to start. The post-demonetisation days have seen dependency on card based and mobile wallet payments increase exponentially. A lot of people have used apps such as Paytm and Freecharge to pay other users and… Read More »

Referral Bonus And Cash-Back Scheme to Boost BHIM Acceptance

By | June 21, 2018

Government announces referral bonus and cash-back for merchants to boost BHIM adoption. Finance Minister Arun Jaitley on Wednesday announced two new schemes to boost the adoption of BHIM (Bharat Interface for Money) digital payment app. Referral Bonus And Cash-Back Scheme (BHIM App) “Nearly 125 lakh people have adopted the BHIM app. Government will launch two new schemes —… Read More »