#BHIMapp

[rajan31]

How to use credit cards for UPI transactions.

[biharibritish-blog]

#DigitalLove #Bhimapp #Bhojpuri (at Patna, India) https://www.instagram.com/p/B37Y_A_nrrG/?igshid=xvfl63ajmtpa

[ibefworld]

The BHIM app to get update and the next version of platform will let the user’s access and operate multiple bank accounts. This version is planned to be launched by October.

[storypitchdotin]

Now you can lodge a complaint on BHIM App through the all-new 'UPI-Help' feature. Read. 

[awemazing-blog1]

We all look out for quick and hassle-free digital transactions, right? Your search for the simplest UPI App ends right now! Presenting BHIM, a Digital Payment Solution App based on Unified Payment Interface (UPI), developed by the National Payments Corporation of India. Let’s find out how this App works with Ms. Zing. 

[diipesharrora]

Our Bank #TheSutexCoOpBankLtd Has Got One More Achievement To Start One More Facility #UPI Through #BhimApp In South Gujarat. Many Many Congratulations To All Staffs & All Our Valuable Customers. 👍👍 (at Jahangirpura)

[trupay-blog]

In a Stunning Innovation to Government

In a stunning innovation to Government-friendly technology; the Bharat QR Code, also referred to as the Quick Response Code was introduced as a means of storing URLs and related information. So, the next time a customer or shopper is faced with a PoS terminal, they simply have to scan this code instead of juggling to swipe innumerable credit or debit cards.  But, before we can all get excited to step into the next era of cashless economy; it helps to first educate ourselves with everything there is to know about the QR Code so that you can teach others about the best way to use this service for easier, faster payments.  If you’re looking to do away with the traditional payment methods in your enterprise, here are some important facts you need to know about the Bharat QR Code system:

1. What is UPI? In the simplest of terms, UPI is a mode of transferring money between banks. But it’s a very new and much more streamlined approach. 

2. How can I avail UPI services? If you’re a Business or Organization, you can simplify the way customers pay for your services by adopting the UPI system. After installing the UPI payment system, customers can easily transfer money from their bank account to yours. 

3. What is the Bharat QR Code? Bharat QR Code is a new payment system based on the UPI. It is similar to E-Wallets. A customer makes a payment by scanning this code from their smartphone app at the billing counter. When the code is scanned, money is transferred from the customer’s bank account linked to their App to the bank account of the retailer.

4. What is the best method to avail the Bharat QR? There are many Bharat QR/UPI services available that offer customised E-Wallets and Plug and Pay Interfaces. Trupay is once such service aimed at quick migration from traditional PoS machines.

5. What makes Trupay the best fit for your Business?

The Trupay App can be downloaded for free and installed in a few minutes. Setting up Trupay occurs effortlessly and you can immediately deploy it for business transactions and customer payments for immediate funds transfer from the customer’s bank account. Trupay’s same day settlement streamlines finances; the most crucial aspect of any business.

[splashcharge-blog]

Digital payment tips by #splashcharge, Check out new and exciting offers at www.splashcharge.com for mobile recharge

[naviarthkranti-blog]

'भिम अॅप'ने रचला वर्ल्ड रेकॉर्ड 2 महिन्यात तब्बल 1 कोटी 70 लाख वेळेस डाउनलोड

गेल्या वर्षी 30 डिसेंबरला हे अॅप लॉन्च करण्यात आलं होतं. विना इंटरनेटही हे अॅप वापरता येतं हे या अॅपचं वैशिष्ट्य आहे. फोनमध्ये USSD कोड *99# डायल करूनही हे अॅप वापरता येतं. हे अॅप नॅशनल पेमेंट कॉर्पोरेशन ऑफ इंडिया (NPCI) ने डेव्हलप केलं आहे.

लॉन्चिंगच्या केवळ 3 दिवसातच गुगल प्ले स्टोरवर फ्री अॅपच्या तक्त्यात भिम अॅप अग्रस्थानी पोहोचलं होतं. तर एका महिन्यात 50 लाख जणांनी हे अॅप डाउनलोड केलं होतं.

[rnapoint-blog]

Modis Mann ki Baat: Digital transactions rising; each one must teach another 125 to use BHIM app

@ http://rnapoint.com/NewsExpressView.aspx?NEID=450

[digitaltalkindia-blog]

New Post has been published on Digital Talk

New Post has been published on https://goo.gl/VU1Vhi

BharatQR Code : Govt launches its own Low Cost Digital Payment Solution

RBI’s Deputy Governor R Gandhi on Monday launched BharatQR code in Mumbai, an interoperable and low cost payment acceptance solution, developed by National Payments Corporation of India (NPCI), MasterCard, and Visa.  QR code or Quick Response code is a two-dimensional machine-readable code made up of an array of black and white squares, used for storing URLs or other information for reading by the camera on a smartphone.

The launch of BharatQR will be a step forward in digital payments at retail outlets. It will make payments seamless for the buyer, making them possible without card swiping machines. It will also enable the buyer to make payments to retailers without using the merchant’s ID or number.

This means, payments can be made on the platform through MasterCard, Visa, AmEx, or Rupay. Commenting on the development, Manoj Adlakha, CEO American Express Banking Corporation said, “BharatQR is a path breaking initiative to bring quick, easy and affordable payments to both merchants and consumers. American Express is proud to be a part of this ‘global first capability’, which will significantly contribute towards growth of Digital India.”

  https://twitter.com/mastercardindia/status/833529899314843648

With Bharat QR Code, the government has taken yet another step to promote digital payments by simplifying things for merchants and also for the consumers. Let’s dive in a little deeper to understand what is Bharat QR Code all about, how it works and what are the benefits.

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ALSO READ  Nikhil Kumar, The Men behind BHIM App, developed app in just 3 weeks

A look at current QR Code-based payments

The QR code-based payments are accepted by most merchants across India, but they are largely closed systems. Visa is a pioneer in QR Code payments and it has already launched mVisa in India a year-and-a-half ago. Last year, DTH operator TataSky had partnered with Visa to allow and accept QR code-based payments from its subscribers. In fact, mVisa is the widely accepted payment option across the globe.

In November 2016, MasterCard launched its ‘Masterpass QR service’ in partnership with Ratnakar Bank’s Ongo payment wallet. RuPay was also expected to come up with its QR code-based solution, but there is no word as yet. Since demonetization, e-wallet apps such as Paytm, Freecharge and Mobikwik, among others have also seen a surge in usage. While these wallet apps also allow QR code-based payments, both parties need to have the app.

For instance, if you are transferring money using Paytm, the recipient needs to have Paytm account and app installed in their smartphone. However, there is no unified solution for the same. Meaning, I won’t be able to transfer money from Paytm wallet to a recipient using Freecharge or MobiKwik. This is where Bharat QR Code will greatly help.

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ALSO READ  Good News for iPhone users, Now Download Bhim App for iOS

What is Bharat QR Code and what are its benefits?

Bharat QR Code is a common QR code built for ease of payments. It is a standard that will support Visa, MasterCard and Rupay cards for wider acceptance. Currently, if you want to make a cashless payment at most stores, you need a credit and debit card to swipe and enter the PIN code for authentication.

However, Bharat QR code will enable the merchants to accept digital payments without the Point of Sale (PoS) swiping machine. It will allow customers of any bank to use their smartphone app to make payment using their debit card. In terms of benefits, merchants will no longer need to invest in buying the PoS machine. With no PoS machine, merchants will also be able to do away with the transaction fees charged by the banks for using the PoS terminal.

How to make payments to merchants using Bharat QR Code

Currently, Bharat QR is integrated into ICICI Bank’s Pockets app and HDFC Bank’s PayZApp, with more banks expected to update their apps with support for the same. I tried making payment using ICICI Bank’s Pocket app and it worked like a charm. To test the feature, we generated a QR code using BHIM app. Next, I used Pocket’s app to scan the QR code and the payment successfully went through via UPI.

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ALSO READ  Worth ₹ 361 Crores Transactions made on BHIM App till date : Government

In short, you will need your bank app or BHIM app installed in your phone. At the merchant’s store, open the app, tap on Scan QR Code or Scan & Pay (option will differ from one bank to the other) and scan the Bharat QR Code. Once the code is scanned, you will have to enter the amount that you want to pay, add a remark and enter your four-digit passcode. Once authentication is complete, the money will be transferred to the merchant’s bank account.

How will merchants benefit from Bharat QR Code?

Merchants will simply need to generate the Bharat QR Code, take a print out and stick itat their payment desk. The payment will take place via (Immediate Payment Service) IMPS and the money will be instantly creditedinto their bank account. Unlike Paytm,Freecharge and Mobikwik, merchants will no longer have limits on the amount of money that they can accept every month. Also, the hassle of transferring money from wallet to bank account will be eliminated — further making it easier accept digital money.

Security benefits of Bharat QR Code

Currently, when you give your credit / debit card to swipe, there is negligible possibilities of someone capturing crucial details such as card number, expiry date and CVV. While OTP option is enabled for two-step-verification before authenticating transaction, the risk of exposing your card details still remains. In case of Bharat QR code, the transaction is completed with enhanced security, and card details remain in customer’s control, which is a big advantage.

Replicating the China model

In China, the use of QR codes is quite prevalent, as people prefer scanning QR codes to manually entering a web address, even for making digital transactions. Chat apps such as WeChat and wallets such as Alibaba’s Alipay have made payment using QR codes much more mainstream. It is apparently the most popular payment method in China. QR codes are used in China for multiple reasons such as social campaigns, shopping, offline engagement and more.

India right now has many ways to enable digital transactions – mobile wallets, UPI, USSSD, Aadhaar Pay, card transactions, mobile banking and so on. IndiaQR is yet another flower in that bouquet. But to see a China-like adoption, there has to be quick on-boarding of merchants by the respective banks. Considering merchants don’t have to invest in a heavy infrastructure to get this rolling should certainly help.

[mrskk64]

BHIM App से पैसे कैसे कमाए : BHIM App क्या है?

[techiezum-blog]

Why BHIM App Is Better Than Other Mobile Wallets

Since the time the administration has presented the BHIM application, a modest bunch of banks have additionally lined up to make their own UPI installment applications.

Propelled by Prime Minister Narendra Modi on December 30, 2016, BHIM (Bharat Interface for Money) is a portable application created by the National Payments Corporation of India (NPCI), based on the Unified Payment Interface (UPI).

BHIM App Is Better Than Other Wallets

BhimApps Bhim App Softwares Bhimapp software

BHIM Mobile App

Named after Bhim Rao Ambedkar, BHIM application is proposed to encourage e-installments straightforwardly by means of banks and effortlessly cashless exchanges.

The principle advantage of BHIM App is that you don't need to recollect the managing an account points of interest. All you need is a virtual installment deliver of the payee to make a computerized exchange.

Considering the Bhim App is specifically connected to financial balances and is made by the legislature of India, the application will obviously show up as a more reliable alternative for the Indians.

While the BHIM App is government's drive for simple online installments, Paytm has risen as a standout amongst the most generally acknowledged methods for disconnected computerized exchange. Numerous other portable wallet organizations, for example, MobiKwik, Freecharge, PayU Money are probably going to bring a hit with the developing fame of the BHIM application.

How about we investigate four reasons that improves BHIM App an installment application for portable transacations than others, for example, Paytm.

1) All In One App For All Bank Accounts:

The greatest USP for BHIM is that it works over all banks and clients don't have to utilize isolate applications on the off chance that they have various records in various banks. In this way, if a client has financial balances in 3-4 UPI empowered banks, and afterward BHIM will join all his saving money works, and empower cashless exchanges by sparing time and bothers of having different versatile wallet accounts.

Though for Paytm exchanges you have to add cash to the Paytm wallet through net keeping money or credit/plastic each time it comes up short on cash.

2) No Internet Connectivity Required:

The BHIM App can exchange stores starting with one financial balance then onto the next without a web association. For that, you have to dial *99# from a cell phone, and this will demonstrate an appreciated screen with seven alternatives – to send cash, check your adjust, or see exchange history. Along these lines, with BHIM application, a non-cell phone client can likewise do any exchange from anyplace.

Paytm has likewise presented another element that will permit anybody to make installments utilizing a Paytm wallet without Internet or cell phone. In any case, for exchanging your assets from the financial balances despite everything one needs web.

3) Government-supported App Vs Privately-possessed Apps:

The BHIM application is supported by the administration of India which makes it the most secure and solid cashless installment choice. At present, there are 5 installment choices on this application — including portable number, financial balance, IFSC code and Aadhar number.

Then again, Paytm is supported by a private portable web organization One97 Communications. One97 speculators list incorporate Ant Financial (AliPay), SAIF Partners, Sapphire Venture and Silicon Valley Bank.

4) Authentication and Security:

Confirmation and Security

The BHIM application has three level confirmations, which makes it more secure choice from a client perspective. The three levels of confirmation incorporate gadget ID or portable number, the financial balance which you are connecting to this application, and third the UPI Pin to finish the exchange.

Paytm does not request any PIN or secret word when you are paying utilizing your wallet adjust. Subsequently, anybody can make installments utilizing Paytm adjust.

Saket Modi, the organizer of Lucideus Tech, the digital security firm that has been effectively working with the administration on guaranteeing the security of the BHIM application says it only a tribute.

'Before long each and every town in India will have a broadband association. The Indian government will think of far better stages to make individuals carefully determined in executing cash," Modi told Entrepreneur.

In the coming days, it is intriguing to see the alternatives government acquaints with advance a more cashless economy. 🙂