What is PM Narendra Modi's cell phone number
PM Modi launches bhim: here's how to use it in 2021
Prime Minister Narendra Modi has launched a mobile app called BHIM (Bharat Interface for Money) that enables mobile payments. With this app, users can securely send / receive money from friends, family and other users through a registered phone number.
The app was launched on Friday by the Prime Minister at Digi Dhan Mela in Talkatora Stadium in New Delhi and is a revised version of previous apps such as UPI (Unified Payment Interface) and USSD (Unstructured Supplementary Service Data).
In a previous tweet, PM Modi had said, “I'm going to launch a mobile app that enables digital payments and transactions. The app will benefit our citizens immensely. "
The app is available for download from the Android Play Store.
The new app is launched with the aim of reducing the role of debit / credit cards and point-of-sale machines that play an essential role in the cashless society India is emerging.
How does the app work? Properties of BHIM
Registration with BHIM: First of all you need to register your bank account with the BHIM app, set a UPI PIN for the relevant account and your mobile phone number, which will also be used as the payment address.
money send and receive : Users can send and receive money from other users of the app simply by using their cell phone number or payment address. Payments can also be sent via IFSC and MMID. Users also have the option to collect money by submitting a request and reverse payments.
Check the Account balance and the transaction history: On the Account balance as well as the transaction details can be accessed via the bank account option on the home page.
Set your custom payment address: In addition to your phone number, users can also add a custom payment address from the Profile option on the home screen.
Use of QR code: QR codes can easily be printed out by the merchant to view and accept payments from customers. The Scan & Pay option on the home screen also allows users to send and receive money using QR codes.
Transaction limit: A maximum transaction worth 20,000 rupees can be completed within 24 hours. The limit per transaction is Rs.10,000
Currently the app only supports Hindi and English, but more languages will be added soon.
Will participate in the # DigiDhanMela program at Talkatora Stadium in Delhi and support the movement towards increased digital transactions.
- Narendra Modi (@narendramodi) December 30, 2016
A list of all the banks supported by BHIM
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, Bundesbank, HDFC Bank, ICICI Bank, IDBI Bank, IDFC Bank, Indian Bank, Indian Overseas Bank, Indian Bank, Karnataka Bank, Karur Vysya Bank, Kotak Mahindra Bank, Oriental Commercial Bank, Punjab National Bank, RBL Bank, South Indian Bank, Standard Chartered Bank, State Bank of India, Syndicate Bank, Union Bank of India, United Bank of India, Vijaya Bank.
Banks that are not supported by BHIM can also receive payments with IFSC code or MMID.
This app could see the end of mobile wallets like Paytm, MobiKwik, Freecharge and the like if it gets that popular and also mark the demise of the POS.
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