BHIM (Bharat Interface for Money)

BHIM allows customers to make payments offline and online with their mobile phones, using UPI (Unified Payments Interface), a real-time interbank settlement service for mobile transactions.

Every customer with a UPI bank account which is also linked to a mobile phone number can use the app. To make a payment, the consumer enters the merchant’s phone number, UPI account number or scans a QR code. They then enter their personal PIN code to verify and complete the transaction.

Unlike mobile wallets which hold money, the BHIM app is a mechanism which transfers money between different bank accounts.