Bhim app
- 1. SHRI RAM MURTI SMARAK COLLEGE OF ENGG. TECH. & RESEARCH SEMINAR ON : BHIM APP Presented by: Shamama Kamal 1
- 2. INTRODUCTION BHIM (Bharat Interface for Money - Bhim App) Mobile App developed by National Payments Corporation of India (NPCI), based on the Unified Payment Interface (UPI). Launched in New Delhi on 30 December 2016. 2
- 3. WHY? After demonetisation public had to face many problems while transaction of money. Bhim App was launched for the same allows the user to instantly transfer money between the bank accounts of any two parties. It is built over the Immediate Payment Service infrastructure. 3
- 4. BENEFITS Allows users to send or receive money to other UPI payment addresses or scanning QR code or account number. Allows users to check current balance in their bank accounts and to choose which bank account to use for conducting transactions. Users can create their own QR code for a fixed amount of money, which is helpful in merchant — seller — buyer transactions. 4
- 8. HOW TO USE? Set up UPI PIN UPI-PIN UPI-PIN (UPI Personal Identification Number) is a 4-6 digit secret code you create/set during first time registration with this BHIM App. You have to enter this UPI-PIN to authorize all bank transactions. If you have already set up an UPI-PIN with other UPI Apps you can use the same on Bharat Interface for Money. 8
- 10. SEND MONEY •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. 10
- 11. SEND MONEY 11
- 12. SEND MONEY 12
- 13. LIMITATIONS You can add only one bank account at a time. You can have only two Virtual payment address. The first would be default containing your mobile number while you can set the second VPA. These may be the limitations to a few people but such limitations makes this app simpler. 13
- 14. IMPROVEMENTS REQUIRED It should give the flexibility to enlist multiple bank account. The app should fetch the mobile number from the contacts of the phone. The Phonepe app uses this feature. However, once you save a number for future use, It would appear in the BHIM app itself. There should be a feature to capture QR code which is shared with you. You can’t scan such QR code. 14
- 15. BIBLIOGRAPHY 15 https://upipayments.co.in/bhim-app-download- features-use/ https://www.thequint.com/technology/2017/01/03/ here-is-everything-to-know-about-using-bhim-upi- payment-app-android-phone-pm-modi-digital- cashless http://indianexpress.com/article/explained/bhim- app-payments-cashless-online-transaction- narendra-modi-how-it-works-shortcomings- 4456264/ https://en.wikipedia.org/wiki/BHIM
- 17. 17 THANK YOU