Features and usage of BHIM UPI explained

• Follow

Bharat Interface for Money (BHIM) is a payment app developed by the National Payments Corporation Of India in an effort towards empowering the nation digitally. 

The app lets you do quick and hassle-free virtual transactions through UPI. Direct payments to the bank can also be done untroubled through a UPI ID and a PIN. One of the best features of the app is that transactions are done through Virtual Payments Address (VPA), which means that you do not need the account number or IFSC code of the person.

First time user? Here’s how you can access BHIM UPI

BHIM app is available on Google play store and Apple app store. Therefore, it can be downloaded on both Android and iOS.

After downloading the app, the user must select a preferred language for the setup.

The third step is to select the mobile number registered with your bank account. Make sure that your phone, in which you are installing the app, should have that number’s SIM.

After this step, the app asks you to set up a PIN. Your UPI PIN should be as confidential as your ATM PIN.

The user requires to provide the last 6 digits and expiry date of the debit card to finish the process. Following this, your account will get registered and you can start with your cashless transactions.

Features of BHIM UPI

After you get registered with the app, you can access following key features of the app:

Send Money: The app allows the user to send money using VPA or the account number and IFSC code.

Receive Money: BHIM UPI users can also receive money from other users directly in their bank account through UPI.

QR Code: Payments can also be done by scanning a QR Code. It is an easy and quick way to do transactions. Many shopkeepers have started using this app, where their customers can directly scan through a QR code and send payments.

Bank Balance: You can also check your bank balance through the app. How hassle-free is that?

Transaction Limit

Individual transactions are capped at ₹10,000 each. A user can make a transaction of up to ₹20,000 in 24 hours. BHIM UPI app offers three-factor authentication, which makes your transactions secure.