BHIM UPI Payments App-How to Use It?

BHIM UPI app is a UPI payment aggregator app that enables you to make UPI payments to your contacts and merchants using the QR payment method. This app is backed by NPCI and was launched by the Prime Minister of India. In this article, let’s understand what is BHIM UPI payment app, how it works, its features, transaction charges and many more.

What is BHIM UPI App?

BHIM stands for Bharat Interface for Money. It is a payment app that facilitates quick transaction using the Unified Payments Interface (UPI). It allows you to make direct bank payments to any bank account supporting UPI using your UPI ID and PIN. You can also scan a QR code with the BHIM app to transfer money. One can also request money through the app. 

This app was developed by the National Payments Corporation of India (NPCI). It was launched by the Prime Minister of India, Narendra Modi, on 30 December 2016 to realise a digitally empowered society.

How to Use BHIM UPI Payment App?

Step 1: Download the app from the Google Play Store or the Apple App Store and install it on your smartphone. 

Step 2: Select your preferred language. 

Step 3: Select the SIM with the mobile number registered with your bank account. 

Step 4: Set a 4-digit password to be used as an authentication method. Log in to the app with the set password.

Step 5: Select your bank account and link it to the app. 

Step 6: Set your UPI PIN by entering the last 6 digits of your debit card number and the expiry date. 

Step 7: You are successfully registered with the app. 

Step 8: Send or request money on the app now.

Features of the BHIM UPI App

• Send Money: Users can send money using a Virtual Payment Address (VPA), a combination of Account Number and IFSC or even by scanning a QR code.
• Request Money: Users can initiate a collect request by entering VPA. A collection request can be sent if the other party is registered with BHIM. However, both parties’ mobile number must be linked to the bank account.
• Scan and Pay: Customers can use the ‘Scan and Pay’ feature to scan the QR code and make payments. You can also generate a QR code on the app to receive payments.
• Transactions: Users can check their transaction history in this section. The pending UPI transactions will be highlighted, allowing you to approve or reject the requests. If you have a complaint about a transaction, you can report it.
• Profile: Users can view the static QR code and payment addresses that have been created. The QR code found here can be downloaded and shared via various messaging applications, such as WhatsApp and email.
• Bank Account: This feature allows users to view the details of the bank account linked to the app. Customers can set and change the UPI PIN. You can also change the bank account linked with the app by choosing the ‘Change Account’ option. The account balance can also be viewed here.

UPI 2.0

• Linking Overdraft Account on UPI: You can link your overdraft account to UPI so that you can get digital access to the account.
• Signed Intent and QR: When you attempt to make a payment using the intent or QR code, the user will get additional security in the form of a signed intent/QR. Tampering with the QR and non-verified entities can be reduced with this feature. It allows you to verify the recipient when making a transaction.
• Mandate: This feature allows you to pre-authorise a transaction to be carried out later, i.e., to debit from your bank account. If a user thinks he may forget to make the payment later, he can schedule the payment for later and authorise the transaction now. This may be suitable in cases where payments are made for a service or to a merchant. The funds from the account will be debited upon execution of the mandate. The UPI mandate can be made only once.

BHIM UPI App Transaction Limit and Charges

BHIM UPI app allows a daily transaction limit of up to Rs. 1 lakh and a maximum of 10 transactions where the total transaction value is less than Rs. 1 lakh. When it comes to UPI transaction charges, person-to-person (P2P) transactions are free of charge. However, there may be transaction charges for transactions between NPCI and service providers.

Related UPI Articles:
1. UPI Transaction Charges
2. Offline UPI Payment
3. How to Reverse Wrong UPI Transactions?
4. Fake UPI Payment