BHIM App- Its Advanced Features and Benefits

bhim-app-its-advanced-features-and-benefits
Jan 13, 2017 Share

      After the Prime Minister Narendra Modi announced the launch of BHIM (Bharat Interface for Money) app on 31st December, 2016, it seems to surpass all the UPI (Unified Payments Interface) based applications instigated till date. Since the commencement of the UPI app on August, 2016, an array of similar apps had made their emergence, with an aim to make digital transactions way much simpler and easier. However, some unique and special features of BHIM app have made it one of its kinds and given digital business a new height.

Although BHIM is meant only for the android users, it’s expected to perk up the entire way digital transactions are made till now. An advanced digital payment solution app, BHIM, like a number of other android based apps, will provide the users with a convenient and handy fund transfer.

Some of the advanced features giving it an upgraded facet include-

  • Funds can be transferred at any bank at any time.
  •  Unlike, many other online payment methods, BHIM doesn’t require the payee to be registered in the app, thereby justifying the user’s effort to a significant extent.
  • The user doesn’t even need to know the account details of the payee. Yes’, it’s that simple! Based on UPI, the app will be directly linked to your bank account and thus, you can do a payment just by using a VPA. For instance, if the payee has a VPA namely [email protected] activated at the same bank, you can just pay her using this tiniest detail. Besides, you can make a payment via IFSC or MMID code as well.
  • The applicant is able to transfer money instantly even if the internet banking is not activated.
  • There are many feature phones where BHIM will also work without Internet.
  • Through the ‘scan and pay facility’, it’s going to be even much easier and faster in some special cases.
  • BHIM is not a mobile wallet; instead, it’s launched with a number of more upgraded features than other similar apps. You can transfer maximum Rs.10, 000 in a single transit and Rs.20, 000 a day.
  • Apart from the UPI pin, you can confirm the transfer just with your fingerprint.
  • You can choose your suitable language in the app and the direct link to call the concerned bank will be a big help for the users.

Especially, with transfers through mobile phone getting much popular nowadays, BHIM is undoubtedly going to be a big hit. As backed by the Government of India, a set of new features are also expected to smack the app in the near future. BHIM can easily be downloaded from the Google play store and then be installed following quite a few simple and easy steps. And, once it is installed, linking your bank account in the app is just a minute’s task! Last but not the least; the elaborate FAQ about the app will also give the novice users the ins and outs on the same.

Are you ready to use the app now?

Share Your Comment 0 Comments

Investment Opportunities

  • ₹ 65 L - ₹ 85 L
    godrej-rejuve
    Godrej Properties Launching Pune’s first community dedicated to Healthy living, Godrej Rejuve at Keshavnagar. A remarkable p...
  • Duville Riverdale Heights, by Duville Estates, presents an array of 1 bhk & 2 bhk new launch flats at Kharadi, Pune. An ideal...
  • Vascon and Clover Builders brings to you Forest County spacious 2 bhk and 3 bhk new launching apartments in Kharadi, An 18 acres l...
  • Price on Request
    vascon-forest-edge
    Vascon Forest Edge developed by the Vascon Group, the under construction residential apartments in kharadi with wide range of amen...
  • Price on Request
    purva-silversands
    Purvankara presents Purva Silversands 1, 2, 3 and 4 bhk apartments project in Keshav nagar, Pune which is a project spread across...
  • ₹ 66.72 L - ₹ 73.27 L
    nyati-elysia-ii
    Nyati Elysia II, New launch residential project at Kharadi, Pune. Developed by Nyati Group offering 2 BHK flats in Kharadi Pune. T...
  • Price on Request
    goel-ganga-platino-iii
    Ganga Platino III , by Goel Ganga Developments presenting premium 2 & 3 BHK XL Residences in Kharadi, Pune. Luxurious livin...
  • ₹ 62.6 L - ₹ 98.06 L
    geras-misty-waters
  • Price on Request
    forest-county
    Vascon and Clover Builders brings to you Forest County 2 bhk and 3.5 bhk under construction apartments in kharadi, An 18 acres lu...
Disclaimer - The particulars contained on the mentions details of the Projects/developments undertaken by the Company including depicting banners/posters of the Project. The contents are being modified in terms of the stipulations / recommendations under the Real Estate Regulation Act, 2016 and Rules made thereunder ("RERA") and accordingly may not be fully in line thereof as of date. You are therefore required to verify all the details, including area, amenities, services, terms of sales and payments and other relevant terms independently. FourrWalls does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the information contained herein. You are advised to conduct an independent verification before entering into any transaction.
Read More...