Prime Minister Narendra Modi on Friday launched BHIM App for Android and IOS at Digi Dhan Mela held in NewDelhi to Encourage Digital transactions in India.

Moneycontrol was the first one to test app on a oneplus phone, after setting the passcode, the interface did not move forward. Though it worked fine in Mi4i device.

BHMI app Can be Downloaded from Playstore.

BHIM Mobile payment App Launched - Your Thumb Is Your Bank

Prime Minister Narendra Modi also dedicated the app to Dr. B.R. Ambedkar.

10 Important facts about BHIM app

1.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.

2.How does it work: Bank account need to be registered with BHIM and set a UPI PIN for the bank account. Your mobile number is your payment address (PA), and you can simply start transactions. Yes! It is that simple.

3.Transactions: We can send and receive money to your neighbors, Clients, and family 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.

4.Custom Payment Address: We can also create a custom payment address in addition to your phone number.

5.Language supported: Now the app launched in Hindi and English. More languages will be added soon.

6.Check Balance: You can check your account balance and account transactions details on the go.

7.QR Code: You can scan a QR code for faster entry of payment addresses. Merchants can easily print their QR Code for display.

8.Supported Banks: Allahabad Bank, Andhra Bank, Axis Bank, Bank of Baroda, 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.

9.Mobile OS Compatibility: To start using Bharat Interface for Money all you need is a Smartphone, Internet access, a bank account that supports UPI payments and mobile number linked to the bank account. Link your bank account to UPI through the app.

10.Any Charges for Using BHIM: There are no charges for making a transaction through Bharat Interface for Money. Note – Your bank might, however, levy a nominal charge as UPI or IMPS transfer fee which is not under our control. Please check with your bank for more details.

11.Do I need to Enable Mobile banking: Your account need not be enabled for mobile banking to use Bharat Interface for Money. Your mobile number shall have to be registered with the Bank.