Gearing
up the move towards Digital India , Prime Minister Narendra Modi recently
launched e-wallet app BHIM(Bharat Interface for Money)
, which is named after Dr B.R. Ambedkar according to the sources.
PM
Narendra Modi mentioned that BHIM app is launched for making transactions more
easy and reliable.
BHIM
is Aadhaar based mobile payment service through which various
transactions can be done.
The
app BHIM was launched at Digi Dhan Mela which was held in Delhi.
It
is basically refurbished version of UPI (Unified Payments Interface) and USSD
(Unstructured Supplementary Service Data)
This
service can be used on a smartphone or a regular basic feature phone . At
present it is available on Play Store for Android Devices , later it will be
available on App Store also for iOS devices ( Can't say anything about Windows
Phone 😋).
To
use BHIM one needs to register their respective account with the app and
generate UPI code for further transactions .
Through
BHIM anyone can send money to anyone's mobile number which is linked their bank
account . Payments can also be done through mobile number or QR code. For
non-UPI bank IFSC code can be used for money transactions through UPI.
PM
Narendra Modi further added that they are working over the BHIM app and in
future transactions will be made using thumbprint only.
He
also added in his addressing that there was a time when an illiterate was
called "angootha chaap" , and now all transactions can be done only
through your angootha (thumb) 👍.
In
the end I would like to tell you something about the BHIM app interface . When
you will be loading the app for the first time , a welcome screen will appear .
Thereafter you need to to enter your mobile number registered with bank account
and have to select the bank from the mentioned list. After that a screen will
appear requesting to generate UPI code , which you can generate later also. Now
you are ready for transactions.
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