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Bharat Interface for Money News
Bharat Interface for Money
E-commerce sector rides on Digital India, note ban
Sat, Dec 30, 2017
More than computer-based Internet penetration and broadband extension, the record growth of smartphones and the 4G network rollout made e-tailing popular even in secondary cities and towns across the country thanks to easy and quick access to information and data on products and services.
Govt ropes in ICICI Bank to enable cashless payments on e-NAM
Thu, Dec 07, 2017
ICICI Bank will enable BHIM (Bharat Interface for Money) and Unified Payments Interface (UPI) on the e-NAM portal for making cashless payments, the official added.
UPI crosses 1 crore transaction in June, says NPCI
Mon, Jul 03, 2017
This is a staggering 10-fold increase in 11 months from barely one million UPI transactions in August 2016 to over 10 million in June this year.
NPCI launches updated 1.2 version of BHIM app on Google Play Store; to be available in 7 new languages
Wed, Jan 25, 2017
The National Payments Corporation of India (NPCI) on Wednesday launched second updated version 1.2 of Bharat Interface for Money (BHIM) app on Google Play Store for Android phone users.
As BHIM downloads touch 5 million, 'teething problems' hit payment app
Wed, Jan 25, 2017
One user criticised the "very very poor app establishment", citing the inability to generate a PIN using the Maestro debit card. Asking the authorities to "please look into the matter at the earliest", he contended that some 30-40 per cent of account holders have debit cards without expiry dates.
Govt's e-payments platform BHIM App witnesses over 10 million downloads in 10 days
Mon, Jan 09, 2017
The government's recently launched e-payments platform BHIM App has witnessed over 10 million downloads in 10 days. Prime Minister Narendra Modi had launched BHIM App during his address to 'DigiDhan Mela' in New Delhi on December 30 last year, according to earlier PTI report.
PM Modi launches UPI app BHIM; here's how to use it
Fri, Dec 30, 2016
All the banks, which are currently live on UPI, have been listed in the Bharat Interface for Money app.