BHIM: Changing India's method of payment


Bharat Interface for Money(BHIM), is just launched and it has become one of the most trending news. People are asking about it and there is a lot of curiosity among them regarding that. So, Gadget Mentor is going to tell you all things associated with BHIM.
Some Highlights of this application is here:
1. This app is developed by NPCI
2. Most secure payment app.
3. Totally based on Aadhar.
4. No need of passwords, it tranacts by your finger prints.
5. The best part, it works without internet.
You have to register your bank account with BHIM, and set a UPI PIN for the bank account. Your mobile number is your payment address (PA), and you can simply start transacting.
You can send, receive from friends, family and customers through a mobile number or payment address. Money can also be sent to non UPI supported banks using IFSC and MMID. You can also collect money by sending a request and reverse payments if required.

BHIM app directly connects with your bank account number. You don't need to load or transfer money to this app’s wallet like other service provider like Paytm and freecharge and many others.
This is more secure as it takes your finger print as identity proof not any weak password.
A customer doesn't need to put or pay any kind of money into the wallet of BHIM app.
One can easily send his/her money to any number linked to this app.
Thank you for reading.

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