Friday, 27 January 2017

Guide to Receive Money from BHIM App - Steps to Receive Payment by Bhim UPI APP

Receive Money Using BHIM App: There are many banks which you can use to send the money using BHIM app. This app has a great potential to carry on the payments. The API is so simple that you can easily make the money transfers and even you can easily get on with the payments either old or even youth. Because the UPI is user friendly. The BHIM app itself won't charge you for transactions on its platform, but your bank might levy a nominal amount as UPI or IMPS transfer fee.

What is BHIM App?

Bharat Interface for Money (BHIM) is an initiative to enable fast, secure, reliable cashless payments through your mobile phone. BHIM is interoperable with other Unified Payment Interface (UPI) applications, and bank accounts. BHIM is developed by the National Payment Corporation of India (NPCI). BHIM is made in India and dedicated to the service of the nation.

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How to Use BHIM App ?

UPI based digital payment apps were active since August which support 21 banks. Though, the payment interface was coordinated into the managing an account apps with different elements as well. The BHIM app, then again, accompanies a basic interface and is worked for convenience. The application is around 1.24 MB in size. On beginning the app, you will be requested that offer service to send an SMS and enroll your mobile number. Once enrolled, you will be requested that set a 4-digit password, and after that pick your bank.

Do Read : Process for  BHIM APP Download For Android

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Register your bank account with BHIM, and set a UPI PIN for the bank account. Your mobile number is your payment address (PA), and you can simply start transacting. Yes! It is that simple. Send / Receive Money: Send money to or receive money from friends, family and customers through a mobile number or payment address. Money can also be sent to non UPI supported banks using IFSC and MMID. You can also collect money by sending a request and reverse payments if required.

How to Receive Money Using BHIM App:

1. You will have an option to request money from others. You just have to tap on Request option in the app.
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2. Enter the mobile number from whom you want to request money.

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3. You request will be sent to the person from whom you requested the amount.


Do Read : Process for  Send Money Through BHIM App


List of Banks That Support The BHIM App Transactions ?

Following are the banks that support the BHIM app. The list is as released by the government: Allahabad Bank, Andhra Bank, Axis Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Catholic Syrian Bank, Central Bank of India, DCB Bank, Dena Bank, Federal Bank, HDFC Bank, ICICI Bank, IDBI Bank, IDFC Bank, Indian Bank, Indian Overseas Bank, IndusInd Bank, Karnataka Bank, Karur Vysya Bank, Kotak Mahindra Bank, Oriental Bank of Commerce, Punjab National Bank, RBL Bank, South Indian Bank, Standard Chartered Bank, State Bank of India, Syndicate Bank, Union Bank of India, United Bank of India, Vijaya Bank.

Search Related Terms For BHIM APP

Receive Money from BHIM App
Process to Receive Money from BHIM App
Send Money from BHIM App
Download Bhim app for ios
Download Bhim app For Android

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