Mobile Payments - Go Cashless

Sending money was never so easy until the government unleashed the incredible BHIM app. The primary motive of the app was to reduce the currency problems and execute cashless transactions. The feature loaded BHIM app uses UPI pin for executing the transactions. In this article, we are going to answer any questions that you might have about BHIM. What is BHIM? BHIM Bharat Interface for Money is a money transfer app which is based on UPI. However, this one remains one of the best UPI apps available in the market. BHIM makes digital transactions incredibly easy, and all you need is mobile number and payment address for this. Where do I get the app? The app is available for both Android and iOS, and you can find it in the Google Play Store and Apple App store. Is BHIM app like any other mobile wallet? No, BHIM is nothing like an e-wallet as there is no wallet attached to the app. The transfer is directly done from one bank account to another and unlike other apps like Paytm and MobikWik, BH

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 appThe sole purpose of introducing this app was to simplify the online transactions, and it truly does that. The interface is q

According to RuPay - Wikipedia In India, 90 per cent of credit card transactions and almost all debit card transactions are domestic; however, the cost of transactions was high due to monopoly of foreign gateways like Visa and Mastercard. RuPay is an Indian domestic card scheme which provides debit and credit cards, and it functions quite similar to Visa/Master cards. The initiation of this card was done by the National Payments Corporation of India (NPCI). What is RuPay Cards?RuPay is a combination of two words Rupee and Payments. It is similar to debit and credit cards that you have, and you can easily access them in 1.45 lakh ATM and 8.75 lakh POS terminals around the country. They can also be used as a mode of payment in more than 10,000 e-commerce websites. Most of the public sector banks are issuing RuPay cards to their customers easily. The RuPay cards also come with a technology chip called EMV EuroPay, MasterCard, and Visa, which provides secure higher transactions. A micr