Tuesday, April 4, 2017

BHIM launched

PM Narendra Modi has launched a mobile app Bharat Interface for Mobile (BHIM) which is a Unified Payment Intreface(UPI) application. Launch was held at the Digi Dhan Mela held in Talkatora stadium, New Delhi. It is Aadhaar-based payments app which easily allows transferring money or making a payment from your bank account using only phone number. It can work even on basic phones as it supports USSD payments. It has mobile wallet facility in which money can be loaded. Using it anyone can directly connect their phone to bank account like a debit card.

No comments:

Post a Comment

Worth reading