BHIM App stands for Bharat Interface for Money. It is a UPI-based mobile application launched by the Government of India to promote easy and secure digital payments.
Definition and Features
The BHIM app allows users to send or receive money directly from their bank accounts using just a mobile number or UPI ID. It works 24×7 and supports features like QR payments, transaction history, and bank balance checks.
Why It’s Useful
- Simple interface for first-time users
- Backed by the National Payments Corporation of India (NPCI)
- Secure and free of cost
The meaning of BHIM App lies in promoting digital transactions without needing a debit card or net banking.
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