Bhim is a one type of application in which we can transfer, credit money. And also do the online transaction. It is UPI application. It made by Indian government.

1. • TECHNICAL INNOVATION
SMART INTERFACE FOR MONEY
• BHIM APPLICATION
Prepared BY
-Raj Parmar

2. • Contents
• History
• Details
• Developer
• Features of the Bhim application
• HowTo Use BHIM APPLICATION
• Add Bank Account
• Send Money
• Collect Money
• Benefits
• Transaction Fees and Limits

3. • Bharat Interface for Money
History
• To remedy the cash crunch caused by demonetisation, Modi came
up with the concept of going digital and using Unstructured
Supplementary Service Data (USSD) and UPI.
• However, Modi also realised that terminologies like UPI and USSD
were creating confusion in the minds of people.
• It was in the last week of November that the government felt the
need for a payment mechanism with a simple interface which could
be used by all, leading to the birth of the BHIM app.
• The first week was spent on conceptualising, designing, and
prototyping of the app while its development took the remaining
two weeks.
• By December 25 the team had the app ready, and Nikhil and his
team then went to Delhi to demonstrate the app to government
departments like the NITI Aayog and the PMO.

4. • BHIM(Bharat Interface for Money) a Mobile App developed by National
Payments Corporation of India (NPCI), based on the Unified Payment
Interface (UPI).
• It was launched by Narendra Modi, the Prime Minister of India, at a
Digi Dhan mela at Talkatora Stadium in New Delhi on 30 December
2016.
• It has been named after Dr. Bhimrao R. Ambedkar and is intended to
facilitate e-payments directly through banks and as part of the 2016
Indian banknote demonetisation and drive towards cashless
transactions.
• The app supports all Indian banks which use that platform, which is
built over the Immediate Payment Service infrastructure and allows
the user to instantly transfer money between the bank accounts of any
two parties. It can be used on all mobile devices.

5. • DETAIL OF BHIM APP
Developer National Payments Corporation of India
Initial release 30 December 2016
Platform
Google Play,
App Store
Available in English, Hindi, Bengali,Tamil,Telugu,
Kannada, Malayalam,Odia, Gujarati.
Type Payment
Website NPCI Portal
Total size 1.24 MB

6. • Developer
• Since November 8, when PM Narendra Modi announced the
demonetisation of Rs 500 and Rs 1,000 notes, digital payment has been a
hot topic of discussion.
• The government came up with a number of strategies to help people
cope with the cash crunch and move towards the Digital India ideal.
• One such step was the launch of the Bharat Interface for Money (BHIM)
app on December 30, 2016, which has witnessed 15 million downloads
since.
• “BHIM is built on a technology called the Unified Payment Interface (UPI)
• It is allows any bank to acquire any bank’s customers and allows to send
money from any app. IMPS or Immediate Payment Service allows
instant interbank transfer of funds over mobile phone.

7. • Nikhil said he and his team would go to banks and startups like FreeCharge
and Flipkart to promote UPI, which was launched in February 2016.
• UPI allows customers to make payments through a single identifier like the
Aadhaar number or virtual address.
Nikhil Kumar, Head of Developer
Ecosystem, India Stack
Nikhil Kumar at UPI launch with Nandan
Nilekani,Chairman, UIDAI

8. • Features of the Bhim application

9. 1. If you have the mobile number of the person to whom the amount is to be
transferred, then through the use of BHIM app, you may transfer any amount
very easily without any hassle.
2. Funds can be transferred to the bank account or the virtual payment
address as well.
3. While shopping, there is a special facility of ‘Scan and Pay’ where the
transfer of amount is made within a minute
4. Even if you don’t have internet activated in your mobile, you can still
transfer funds using this app.
5. Additional feature of using fingerprints besides using UPI PIN, you can
authenticate the transfer of funds without the fear of any misuse.

10. 6. It has the customer care number of almost every bank, and by using its link,
you may directly call the concerned bank in case you face any trouble or issue.
7. It’s extensive FAQ makes it convenient for the novice users to use this app
without any guidance and if you share and download your QR code with the
second party, then you may also receive the payment easily.
8. You are free to choose your language preference from the 9 language options
available.
9. Link the Aadhaar Card Number of the beneficiary to the account and transfer
any amount very easily and quickly.
10. Check bank balance, block an unknown person or any such related issues
can be reported through this app.

11. • HowTo Use BHIM APPLICATION

12. 1. Install and Set Passcode.
2. To use the BHIM App, you have to download and install it.
3. When you open this app first time, it would ask you to choose the
language. Currently you have the option of English and Hindi.
4. It would also tell you some basic features of this app.
5. In the next step, the App would ask
your permission to send and view SMS
from your Phone. It is necessary to
verify your phone number.

13. 6. It may also ask to choose the SIM if you have two SIM in your phone. You
should choose the number which is linked to the desired bank account.
7. 8.

14. 8. Now you would reach to the
dashboard of the BHIM.
7. Now You have to set the
Passcode/PIN to open this app. It
would be a 4 digit PIN. Without
entering this PIN, you would not
be able to open this app in future.
confirm the PIN again by entering
it.
• Add Bank Account
1. Your first step in the BHIM dashboard should be the bank account linking.
You need to link bank account to transfer fund from that account or get
money to the account.
2. Note, You can link only one account at a time in the BHIM app. Other UPI
apps give you the facility to link multiple bank account.

15. 3. To link bank account, you have to the choose the bank name from the given
list.
4. You would see your bank account/s of that bank. Select the account. It links
the bank account to the BHIM app.
5. Anytime, you can change your bank account by going through the same
procedure.
• Set UPI PIN
• UPI PIN is required for the final
authentication, when you pay money to any
bank account. The UPI PIN is the same PIN
which is called as MPIN in other UPI apps.
• To set the UPI PIN, click on the Bank
account.

16. • You would see the linked bank account. Below the bank account, you would
also see about the status of your UPI PIN in green fonts.
• If you have previously set the UPI PIN, there would be a message about this.
• There would be links to RESET UPI PIN and
Change UPI PIN. If you choose the RESET
UPI PIN, you need debit card details to
authenticate. You would also get an OTP
SMS for authentication.
• Changing UPI PIN is relatively easy. You
have to only enter the existing PIN and new
PIN twice.That’s it.

17. • Send Money
• Now you can send and receive money through
the BHIM app.
• To send money, you have to click on the send
money link.
• In the next step you have to enter the mobile
number of payee. You can also enter the
virtual payment address of the payee. You
would not get any other option to pay. Other
apps such as Baroda MPay give the liberty to
pay money to bank account or Adhaar number
as well.
• Enter the amount and remarks to send money.
• Finally, enter the UPI PIN. It is the same PIN
which is used as MPIN with other apps. Once,
you enter the UPI PIN, the money gets
transferred to the bank account of the payee.
You would instantly get notification about
that.

18. • Collect Money
• To collect money Click on ‘Request’ on dashboard.
• Again you have to enter the mobile number or VPA of the person
from whom you want the money. Enter the amount and remarks
and submit. As you submit the request, the payer would get a
notification in his smartphone. By following the notification, the
person can accept or reject the payment.
• You can also generate the QR code to request payment. To
generate QR code you have to only enter amount and remarks.
The payer would scan this QR code and accept the payment.

19. • Transaction Fees and Limits
1. At present, there is no charge for transaction from 1 to 1
Lakh.
2. If a debit card with a daily transaction limit is linked to the
BHIM app (usually 10,000 or 20,000 for many no-frills
accounts), transfers through the BHIM app are also subject
to the same limit. Debit card limits can be changed by the
issuing bank. The BHIM app has some issues - for instance it
does not yet work with the IRCTC app.
3. Indian banks have proposed transaction charges on UPI
transactions but there is no information on whether
transactions through BHIM will also be charged.

20. •Benefits
• BHIM allow users to send or receive money to or from UPI payment
addresses, or to non-UPI based accounts (by scanning a QR code with
account number and IFSC code or MMID (Mobile Money Identifier) Code).
• Unlike mobile wallets (PayTM, MobiKwik, mPesa, Airtel Money etc) which
hold money[6], the BHIM app is only a transfer mechanism, which transfers
money between different bank accounts. Transactions on BHIM are nearly
instantaneous and can be done 24/7 including weekends and bank holidays.
• BHIM also allows users to check the current balance in their bank accounts
and to choose which account to use for conducting transactions, although
only one can be active at any time.

21. • Users can create their own QR code for a fixed amount of money,
which is helpful in merchant — seller — buyer transactions. Users
can also have more than one payment address.
• If the 12-digit Aadhaar number is listed as a payment ID, the BHIM
app will not require any biometric authentication or prior
registration with the bank or Unified Payment Interface (UPI).
• Version 1.3 allows users to use mobile numbers from their contact
book to send money and also save payment addresses for future
use without needing to type the address again. User can also
check the Transaction History, which only shows transaction
through BHIM.