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All You Need to Know About the BHIM App

In 2016, India faced a major economic reformation with demonetization and to help the country in re-monetizing, PM Modi introduced a new app called BHIM, which is a mobile app that claims to be everything that the cashless citizens of India want.
The e-wallet contributed well in re-monetizing the country where a very small percentage of the population is aware of e-wallets. Right now, this money wallet is efficiently fulfilling the general requirement of common men.
What is BHIM?
BHIM is created and launched by NPCI, and it is aimed at spreading awareness in the rural India about the cashless economy.
One of the biggest advantages of BHIMs that - it is directly supported by the Indian government and money transfers dont require any sort of third party interference. The app needs just your fingerprint, and that is why consumers like it a lot.

The purpose of BHIM app

The sole purpose of introducing this app was to simplify the online transactions, and it truly does that. The interface is quick, easy, and secure, plus internet connection is not compulsory with this E-wallet. You can transfer the money from your bank account to any other bank account in one click. The points given below will elaborate how you can transfer the money:

How to transfer money using this app

1. At first, you need to download the App from the Google PlayStore or Apple App Store.
2. Click on the Open button.
3. Select the language you prefer. BHIM is supporting Hindi and English as for now, but we are expecting more additions soon.
4. Add the mobile number which is linked to your bank. An OTP will be sent to verify the mobile number and phones state, in order to find out the UPI address.
5. Next tap on Lets Get Started.
6. After the verification, enter your four-digit passcode or PIN for BHIM app. It will be used when you use your App.

Add your banking details to BHIM app

1. If you already have a UPI account, your data will be automatically fetched.
2. If you dont have a UPI account, you need to fill in the last six digits of the debit card number and the expiry date.
3. For those who have two UPIs, they need to enter one at a time. For switching to another account, you will have to disable the first one, then go to the Bank Select Option.
A lot of people still dont have access to smartphones in India. For them, the BHIM app has a quick solution - Just dial *99#. This code detects the users account and then starts the account verification. After the verification is successfully done, you can see the account details and do the transaction.
Once the installation process is done, you can send and receive money even in the absence of internet.
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