What is BHIM Aadhaar Pay?

BHIM stands for the Bharat Interface for Money. This app makes it easy to do transactions with UPI. It’s very easy to use. With a UPI ID or phone number, you can send and receive money.

Through Aadhaar Authentication, the BHIM app makes it possible for businesses and regular people to receive digital payments from customers and third parties. Learn more about BHIM Aadhaar Pay by reading on.

BHIM Aadhaar Pay: Background

In December 2016, the Prime Minister made the BHIM Aadhaar Pay app available so that transactions could be made. This app was named after Dr. Bhimrao Ambedkar, a leader of the Dalits.

This is an important step for the Indian economy. It makes it easy for businesses to reach customers all over the country. You can get this app on Android phones. The BHIM app can also be used on iOS.

Some Points Related To BHIM Aadhaar Pay

  • The 12-digit Aadhaar number can be linked to your bank account.
  • The biometric scanner can be connected to an Android phone with a strong internet connection and an OTG port.
  • It’s important for customers to be approved for transactions to use a scanner that has been certified by STQC.
  • Install the BHIM-Aadhaar Payment App on your phone. (This app is available in both the Play store and the App store.)

How To Use BHIM App?

How to use the BHIM app in a few easy steps:

  • You can get the BHIM app from Google Play Store or the App Store.
  • This app can be used in 20 different languages. So, pick a language.
  • Pick a SIM card that has the same number as your bank account.
  • Set the app’s passcode to be able to use it. It must be done.
  • Connect your own bank account using the “bank account” option.
  • Set your UPI PIN. For this, you need to give the last six numbers on the debit card. Also, tell us when the debit card will expire.
  • Click on Send and type in your UPI ID.

You can pay by scanning the QR code on the receiver. Enter the UPI PIN to see how much money you have left.

Stuffs One can do with BHIM Aadhaar Pay

If you’re a business owner, you can use this system to do business. Aadhaar numbers can be used to pay for money so that people can buy things. Users can check on the progress of their transactions.

You can also do the following with BHIM Aadhaar Pay:

  • You can send and get money right away.
  • One app to pay for everything.
  • You can complain or raise queries easily.
  • Pay by scanning.
  • You can make both static and moving QR codes.
  • You can sign up for an IPO with a UPI ID.

Authentication and Security

The BHIM app has three ways to prove who you are. That’s why people trust this app. There are three levels of security.

  • ID or mobile number
  • Bank account
  • UPI Pin

Who Should Install BHIM Aadhaar Pay App?

Anyone can instal this app because it can be used to send or receive money. Merchants can also pay for and get paid for their goods and services with this app. Store owners, shopkeepers, and other businessmen are all examples of merchants.

Install BHIM Aadhaar Pay App

Connect your Aadhaar to your account if you want to pay with this app. You should download Aadhaar Pay. Use a scanner to take payments from customers whose bank accounts are linked to their Aadhaar cards.

Where can I use BHIM Aadhaar Pay to pay?

Customers can use BHIM Aadhaar Pay to pay at all stores where it is accepted.

On the BHIM Aadhaar Pay App, the business owner puts in the customer’s information and the amount. On the Merchant App, customers have to give their biometrics after they choose the bank.

Is BHIM Aadhaar Pay accessible on all mobile phones?

Not all phones can use the BHIM Aadhaar Pay service. This app is for phones that run Android (The Android version should be at least 4.4). It is also available for the iOS 9.0 and higher operating systems.

Is there a limit for a transaction?

You can send up to 100,000 per transaction and up to 100,000 per day from a single account. The limit is different for each bank.

Can I pay without an internet connection on BHIM App?

Yes, you can pay with the BHIM app even if you don’t have internet. All you have to do is dial *99# from your cell phone.

BHIM App

Source

When you call this number, you’ll see a screen with a few choices. You can send money, check your balance, or see a list of all your transactions.

The difference between UPI vs BHIM

UPI is set up so that mobile phones can be used to send and receive money. However, BHIM is an independent e-wallet app. The BHIM app can be linked to any bank that has UPI.

Conclusion

The BHIM App is a government app that connects directly to your bank account. It is thought that the BHIM app is the most reliable app in India. This is also true because you can do business without being connected to the internet. It has three ways to prove who you are.

Some Frequently Asked Questions

How can a Merchant become eligible for Incentive Scheme?

Merchants must register their device through a Micro-ATM, POS, mPOS, Kiosk, Tablet, or Mobile Handset in order to be eligible for the BHIM Incentive Scheme.

What is the Incentive received by Merchant on BHIM Aadhaar Pay App?

On the BHIM Aadhaar Pay App, a business gets 2,000 per merchant per month as an incentive (maximum amount). On every BHIM Aadhaar transaction, an incentive of 0.5% of the transaction, up to 10,000, is given, with a minimum incentive of 2 and a maximum incentive of 50 per transaction.

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