NPCI

BHIM App – New Feature – Details – Explained – In Hindi

April 29, 2017 by Abhishek Leave a Comment

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BHIM App how to use its new feature this is what I am going to explain you in Hindi.

In one of the event our prime minister Narendra Modi has launched a new feature for BHIM app, known as Aadhar pay.

BHIM app basically BHIM is short form of Bharat Interface for Money and is an app that lets you make easy and quick payment transactions using UPI or we can say as it enable fast, secure, reliable cashless payments through your mobile phone. It’s much easier than wallets and money is transferred directly from your account to person account you are transferring to.

BHIM is interoperable with other Unified Payment Interface (UPI). Its developed by NPCI(National Payment Corporation of India)

Send money to or receive money from friends, family and customers through a mobile number and payment address.

You can watch my last video which I have posted few weeks ago here

However as part of the new feature person can send money using Aadhar number easily like we used to send money on mobile number using this BHIM App.

Register your bank account with BHIM, and set a UPI PIN for the bank account. Your mobile number is your payment address (PA), and you can simply start transacting. Yes! It is that simple.

Transactions are complete within seconds.

There are no charges on transferring money only charges are taken by your bank.

Money can also be sent to non UPI supported banks using IFSC and MMID

You can check your bank balance and transactions details on the go.

You can scan a QR code for faster entry of payment addresses. Merchants can easily print their QR Code for display.

We can even check if my aadhar number is linked to which bank account easily by one of the USSD code as mentioned below:

*99*99#

After entering above code it will ask for two options, just type 1 for Aadhar Number.
Enter the Aadhar number and confirm it when it asks then in answer it will show you which bank account is linked to your Aadhar card.

Please watch the complete video for proper understanding.

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How to use UPI BHIM App for digital payments – Complete Tutorial

December 30, 2016 by Abhishek Leave a Comment

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How to use UPI Bhim App for digital payments, how to use and how it works this is what I am going to explain you with live demo and step by step instructions.

Today in one of the event in delhi our prime minister Narendra Modi has launched a new app for payments basically we can see as an upgrade over UPI app.

Its name is BHIM app basically BHIM is short form of Bharat Interface for Money and is an app that lets you make easy and quick payment transactions using UPI or we can say as it enable fast, secure, reliable cashless payments through your mobile phone. It’s much easier than wallets and money is transferred directly from your account to person account you are transferring to.

BHIM is interoperable with other Unified Payment Interface (UPI). Its developed by NPCI(National Payment Corporation of India)

Send money to or receive money from friends, family and customers through a mobile number or payment address.

Register your bank account with BHIM, and set a UPI PIN for the bank account. Your mobile number is your payment address (PA), and you can simply start transacting. Yes! It is that simple.

Transactions are complete within seconds.

There are no charges on transferring money only charges are taken by your bank.

Currently the app is available in IOS and Android platform. Currently it supports to link only one bank account. Money can also be sent to non UPI supported banks using IFSC and MMID

You can check your bank balance and transactions details on the go.

You can scan a QR code for faster entry of payment addresses. Merchants can easily print their QR Code for display.

Note the transaction limit is : Maximum of Rs. 10,000 per transaction and Rs. 20,000 within 24 hours.

Currently approx. all banks are supported by this app.

You can also get more details on official site

Now you can even earn Rs 50 on each signed in user by BHIM Referal system which is in place now

In my video I am going to show you how to install the BHIM mobile app and how to use it for transactions. Please watch the complete video for proper understanding.

If you like my video please make me happy by

United Payments Interface – UPI – How to use it efficiently

December 3, 2016 by Abhishek Leave a Comment

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What is UPI(United Payments Interface), how to use it efficiently this is what I am going to explain with step by step instructions.

NPCI(National Payments Corporation of India) announced that bank applications for the Unified Payment Interface have officially become operational, which means that UPI apps of banks can now be downloaded and used for transactions anytime 24x7x365 which means on all days and on all time.

UPI(Unified payments interface) is a payment system that allows money transfer between any two bank accounts by using a smartphone.
UPI allows a customer to pay directly from a bank account to different merchants, both online and offline, without the hassle of typing credit card details, IFSC code, or net banking/wallet passwords.

The UPI app of 21 banks(as currently) as mentioned the names below will be available on the Google Play Store of Android phones in the next few days for customers to download.

Update: Now around 30 banks are supporting UPI.

Andhra Bank, Axis Bank, Bank of Maharashtra, Bhartiya Mahila Bank, Canara Bank, Catholic Syrian Bank, DCB Bank, Federal Bank, ICICI Bank, TJSB Sahakari Bank, Oriental Bank of Commerce, Karnataka Bank, UCO Bank, Union Bank of India, United Bank of India, Punjab National Bank, South Indian Bank, Vijaya Bank and YES Bank.

Requirements

Active Bank Account
Mobile number should be linked with Bank Account
Smart Phone with Internet.
Debit Card for re-setting MPIN.

Features of UPI are

1. Money transfer immediately through mobile device round the clock 24*7 and 365 days.
2. Single mobile application for accessing different bank accounts
3. Single Click 2 Factor Authentication .
4. Virtual address\ID created of customer which enhances security of your account details.
5. Merchant Payment with Single Application or In-App Payments.
6. You can request or accept payments
7. Utility Bill Payments, Over the Counter Payments, Barcode or QR Code (Scan and Pay) based payments.

Fund Transfer Limit is 1 lakh / transaction

Transaction costs are NIL by most of the banks however some bank charges a minimum transaction cost.

Main thing is that it’s a time saver and you can use your bank account directly and safely no need to use other third party sites for payments.

In my video I will be showing how to use UPI completely starting from scratch and highlighting each and every feature so that each individual who is illiterate as well can learn and use this service and become a part of mission to make India a cashless economy.

Please watch the complete video for proper understanding.

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