With digitalization rolling on its peak, the Prime Minister of India recently announced the advent of BHIM app. If you are a resident of India, then you must have heard about BHIM as of now.
So, in this write-up we will uncover more information or dig down deep into the functionality and what it does?
So, let’s dive into it.
Superficially, BHIM is the name of an ancient Hindu epic (Mahabharata) character who was incredibly powerful and muscular. But BHIM app doesn’t signify that. Instead, BHIM stands for Bharat Interface for Money, which is named after Dr. Bhimrao Ambedkar.
The Prime Minister of India, Dr. Narendra Modi announced that the transactions can be done with fingerprint impressions, though the facility has not started yet.
As of now, the Android application is out there, but iPhone and Windows users have to wait for some time.
So, enough of the overview, let’s talk about some technical terms concerning BHIM app.
In case if you are wondering that what is Unified Payments Interface or UPI? Here is what it stands for.
Unified Payments Interface is a digital payment system that equips the user to do transaction between two bank accounts via a smartphone.
The unique selling point of this UPI service is that it allows the user to do the transaction from bank accounts to any merchants without entering the recurring details like credit or debit card number, IFSC codes and corresponding passwords.
You can even download the UPI app of a particular bank from the app store (Subject to availability).
What? Wait, if you are confusing BHIM with just another mobile wallet, then you need to stop right there.
The case is entirely different here. With various mobile wallets like Paytm or others, you have a limitation associated with the amount you can keep in there. But, since, BHIM is directly linked to your bank account. So, there is no restriction. The transacted amount will be credited or debited straight to or from your linked bank account.
How to download and install the BHIM app?
If you want to know how you can get access to the BHIM app, then this section will help you out. So, let’s see how it rolls.
Step #1: In this very first step, you are required to navigate to the Google Play store on your Android device. Once you are there, all that you need to do is to type in the “BHIM” at the search bar. Doing this will lead you to a bunch of results.
The first result will be the one which we require. Kindly cross check that it has the icon with saffron and green colored vertical triangles.
So, tap on the appropriate result and finally, tap on the Install button.
You will get a window seeking for your permission.
Just do the required, and you are then ready to go to the next steps.
Step #2: You now have the BHIM application installed on your system. Now, you need to launch the application. For that, go to the app drawer and tap on the BHIM icon. This will start the BHIM application for you.
The very first wizard will require you to select the language in which you want to proceed in. You will be provided with two options: Hindi & English.
Just go with the one which you are comfortable in and tap on next.
The subsequent window will be a welcome window, and you need to tap on next to proceed further.
Step #3: After clicking on next from the previous window, you will land on a window describing the unique features of the BHIM app. After reading those, you need to tap on the next button.
As obvious, you will then have to tap on the “Let’s Get Started” button.
Step #4: Now, in this step, you need to enter your mobile number. Kindly enter the number which has been associated with your bank account.
To enter, you need to tap on the “NEXT” button. In case, if you are using an Android phone with dual sim, make sure that the linked phone number is your primary phone number.
After verification, you will have to register a passcode. Passcode needs to be 4 digits. Kindly, make sure that you remember the number as you will be needing it for every transaction you do via the BHIM application.
Step #5: In this step, you are required to select your bank.
The app system will then ask you to select your account. It detects your bank account by your linked phone number.
Step #6: Now, after successfully executing step #5, you will be asked to set UPI pin. As mentioned earlier, UPI is Unified Payments Interface.
To set the UPI pin, you first need to tap on the Set UPI pin button which will lead you to a subsequent window.
Now, you need to enter the last six digits of your debit card.
Also, in the next input field, you will have to enter the valid up to details which are clearly mentioned on your debit card.
Once you are done, all that you need to do is to tap on the “right” icon which is positioned at the left bottom of your screen.
After you have entered the details, you will have to enter the OTP (One time password) which you will receive via SMS. Just underneath that, you will have to set UPI Pin.
Once you have done that, you will have to confirm it.
It might happen that you may get the error toast like “error generating MPIN” or you might not get OTP. Don’t worry about that, let the BHIM app mature with time and let the technicians resolve these issues.
After this, you will have the BHIM dashboard from where you can do the transactions.
So, this was all about downloading and installing BHIM app on your Android device. BHIM also facilitates its users with a facility to switch between accounts. So, if you want to do the transaction from a different account, then you can also do that via the BHIM app.
Since this application has just rolled out so, you might encounter some spam payment requests. So, kindly decline those requests. Here is what the official Twitter handle has to say about it.
Surely, BHIM is going to revolutionize the way we use to transact. It’s a significant step towards a cashless revolution. Let’s be a part of it.