Monday, 9 January 2017

Features of BHIM Mobile Application

Introduction

Last week, the Indian Prime Minister Narendra Modi announced the launch of a mobile application for the digital payments. It is christened as Bharat Interface for Money (BHIM). Another interesting fact is that this application gets its name from the name of the architect of Indian Constitution Dr. Bhimrao Ambedkar. For now, the mobile app is available only for the Android operating system. In other words, the users of mobiles with iOS and Windows operating systems cannot use this application. It supports Aadhar-based payments. The app uses finger impression to authenticate the users. In this blog post, we will walk the readers through the important features of BHIM mobile application.

bhim app

BHIM

This mobile application uses the Unified Payment Interface (UPI) developed by National Payments Corporation of India, which is the umbrella organization of all retail businesses in India. In order to do the transactions using this application, the users need to have just a UPI-linked bank account that has a registered mobile number. Currently, almost all banks support this mobile application.

bhim mobile application

Features of BHIM

BHIM application lets the users send the money to other UPI accounts or addresses. It is also designed to send money through Indian Financial System Code (IFSC) and Mobile Money Identifier (MMID) Code to those users who don’t have UPI-based bank accounts.

bhim features

  1. Quick Response Code: The users also have the option of generating and using their own Quick Response (QR) Code to transfer a fixed amount of money at business outlets. The merchants have to scan this code to deduct the amount from the customer’s account.
  2. UPI-based App: Unlike other mobile wallets, the BHIM application is directly linked to the customers’ bank account. On the other hand, the common mobile wallets like Paytm and MobiKwik can some amount and transfer that to the people who use the same wallet. Being UPI-based, BHIM uses the payee’s Virtual Payment Address (VPA) to pay that account. Hence, the users don’t have to remember the account number use this application.
How does the App Work?

After mobile verification, the Android mobile application lets the users to choose their preferred bank. For verification purpose, it sends an SMS. Hence, it is better to use the bank-registered mobile number for verification. In the same SMS, it will ask the users to set their four-digit passcode. Hence, they should use easily memorable number to set the passcode. They have to use this passcode every time to open this mobile application. On choosing the preferred bank, the application either beams the relevant number if the account is UPI-activated or the users have to key in the last six digits of their debit card number and the expiry date. Depending on the type of account, suitable features will come on the screen. In order to send the money, the users need to either type in their mobile number or the VPA address to let the application find them. After verification, the app prompts the users to type in the amount and hit the payment button. If the users don’t have the UPI-linked account, they need to tap on the three dots just above the send money option. In response, the app comes with a window with IFSC and account option. They need to just add the relevant details to pay the amount using this option.

bhim working

Live Demo

For the benefit of readers, we are also adding the video link to know the BHIM application in close quarters. The first-hand information will help the readers to know more about this wonderful application.


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