BHIM

The Unified Payments Interface (UPI) has revolutionised inter-bank transactions, offering unparalleled ease and convenience. However, safeguarding your funds is paramount. Your UPI PIN serves as a safeguard, shielding your finances from unauthorised transactions. Given the increasing prevalence of cybercrime, maintaining the security of your financial information is crucial. One effective measure is to periodically update your UPI PIN. Thankfully, popular apps like Google Pay, Paytm, PhonePe, and BHIM UPI streamline this…

Now, you can use UPI (Unified Payments Interface) internationally as well, using BHIM and other third-party apps such as Google Pay, Paytm, and PhonePe. This grants you financial freedom to conduct transactions without the need to carry foreign currency or cards. Below is an easy step-by-step guide on how to activate UPI International and make payments online. So without further ado, let’s explore the process along with how UPI International works and how to use the feature.Note: For this feature to work, both your and…

Image Source : FILE Representational Image BHIM App Cashback Offers: The BHIM payments app is currently offering cashback deals of up to Rs 750, giving users a chance to earn money back on their transactions. These offers are available for a limited time, so users should act fast to claim them. Flat Rs 150 cashback offer Users can get a flat cashback of Rs…

In a shocking decision last week, the Reserve Bank of India had ordered Paytm Payments Bank not to accept fresh deposits or top-ups in any customer account, wallets or FASTags after February 29, citing non-compliance and regulatory concerns.…

Image Source : FILE New UPI rules implemented With the new year 2024, Unified Payments Interface (UPI) changed some of its rules and it has gone through some key changes in the New Year for improved online banking and payment transaction experiences. New UPI rule - About As per the IANS report, the National Payments Corporation of India (NPCI) have instructed…

Ambedkar Jayanti is an annual holiday observed on April 14 in honour of BR Ambedkar. The day marks his birth anniversary as he was born on April 14, 1891. Ambedkar is known as one of the major reasons for the abolition of untouchability in India. He organized various protests and launched active movements for the upliftment of the untouchables. Therefore, the day is also celebrated as ‘Equality Day' in India.He established the Finance Commission of India as well as framed guidelines and ideas on which the Reserve Bank of…

A day after a real-time payments system linkage was established between India and Singapore using the UPI platform, State Bank of India on Wednesday announced a partnership with PayNow, the online payment system of the city state, for cross-border payments.The facility is offered through SBI's Bhim SBIPay mobile application and the linkage will allow fund transfers from India to Singapore through registered mobile numbers, and from Singapore to India using the UPI ID, the bank said in a…

Google Pay, Paytm, PhonePe, and more- here are five best online payment apps that you can use. Online transactions have taken the world by storm, especially over the last couple of years. From street vendors to money transfers in your own bank account, everything can be done online through payment apps. There are several mobile applications available through which you can make online payments, do recharges and much more. These apps can be installed from Google Play Store for Android users while iPhone or iOS users can…

Image Source : PIXABAY UPI Payment Nearly 76 per cent of Indians now prefer using UPI (unified payments interface) during online checkouts while more millennials (84 per cent) are now using UPI when shopping online, a report showed on Tuesday. As the physical, digital and virtual worlds are converging, Indians are willing to explore and purchase within apps/browsers as…

BHIM is an app developed by the National Payments Corporation of India (NPCI) that allows people to send and receive money using the Unified Payments Interface (UPI). The app currently is only available on Android and it just launched a new feature called Aadhaar payments.How UPI Works - the Apps, Charges, and Everything Else You Should KnowThis lets you send money directly to the recipient's Aadhaar number via the BHIM app. It can be useful if the recipient doesn't have a virtual payment address (VPA) for UPI, as an…