BHIM App is a common platform across the nation for making simple, easy and quick payments.For both referrer and the referee to get their incentive, the referee has to make minimum 3 unique transactions totalling minimum value of Rs 50.Currently, the 1. One can easily make direct bank to bank payments instantly and collect money using Mobile number or payment address.3 version of the app is available on Google Play Store and Apple Store and soon a new update (Version 1.It is a unique payment solution which empowers an individual with immediate send and collect request. It was set up with the guidance and support of the Reserve Bank of India (RBI) and Indian Banks Association (IBA).. On successful completion of the process, the referrer would get Rs 10 and the referee who does the payment would get Rs 25, NCPI said in a release.BHIM referral scheme is also operational now, where the existing BHIM user (referrer) needs to encourage the new BHIM user (referee) to download the BHIM App and enter the referrers mobile number as the referral code.
About BHIM/Unified Payments Interface (UPI) is a smart mobile phone based app that allows simple, easy and quick payment transactions using UPI. It uses an email like Virtual Payment Address (VPA)/ Mobile Number@upi /Account number and IFSC Code/Aadhaar Number as payment identifier for sending or collecting money instantly.NPCI is an umbrella organisation for all retail payments system in India. "Transactions via BHIM App is witnessing growth with each passing month since its launch on December 30, 2016. Download numbers breaching 16 million mark is a remarkable achievement towards digital transactions and creating a less-cash society," A P Hota, MD and CEO of NPCI, said today.Bhubaneswar: National Payments Corporation of India (NCPI) on Monday said its Bharat Interface for Money (BHIM) App has crossed 16 million downloads and 4 million active customer China foldable umbrellas base and a new updated version would be launched soon
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