In the drive to make India cashless Prime Minister Narendra Modi announced all new e-Wallet named BHIM (Bharat Interface for Money) yesterday. Although the BHIM app is still in its initial stages, as per the Prime Minister it is going to be a huge and probably the single platform for transferring money and also payments across India. So, one can expect that the BHIM app will make its presence felt through the length and breadth of this great country.
We have already learned how Paytm works but let me tell you BHIM app will give you a totally different experience of online payments and transfers. The interface of this app is extremely simple and its registration and usage are perhaps the easiest than any other major e-Wallet I have found till date. So if you too want to join the ‘cashless India movement’ then know how you can install and activate your own BHIM app on Android phone in few easy steps.
How to Activate and Use BHIM App on Android Phone
How to Activate BHIM App on Android Phone
Step #1. Download BHIM app from Google Play Store.
Step #2. Launch BHIM app on your Android phone.
Step #3. Now the app will ask you to choose your default language, Hindi or English. Make your choice and tap on Next.
Step #4. The app will ask for various permissions like managing SMS, phone call and also permission to send SMS from your smartphone. Please allow all these permissions as they are necessary.
Step #5. Once the permissions are done, if you are using dual SIM smartphone then you need to choose one SIM card for making a future transaction.
Note: Make sure that you tap on the SIM which is registered with your bank account which you are going to link with BHIM app.
Step #6. The app will send an SMS from your smartphone for verification purpose. It may cost you Rs. 1.00 at least, though it cost me Rs. 1.50.
Step #7. You will be prompted to choose a 4-digit password, make sure it is unique and not easy for others to imagine.
Step #8. Once the password is registered you will need to choose your bank where your account is. Your bank must be one of the 31 banks listed below.
- Allahabad Bank
- Andhra Bank
- Axis Bank
- Bank of Baroda
- Bank of Maharashtr
- Canara Bank
- Catholic Syrian Bank
- Central Bank of India
- DCB Bank
- Dena Bank
- Federal Bank
- HDFC Bank
- ICICI Bank
- IDBI Bank
- IDFC Bank
- Indian bank
- Indian Overseas Bank
- IndusInd Bank
- Karnataka Bank
- Karur Vysya Bank
- Kotak Mahindra Bank
- Oriental Bank
- Punjab National Bank
- South Indian Bank
- Standard Chartered Bank
- State Bank of India
- Syndicate Bank
- Union Bank of India
- United Bank of India
- Vijaya Bank.
Step #9. If you have more than one account in your bank then you need to choose the one default account from which you want to make regular transactions through BHIM app. So choose the option wisely after checking everything.
Step #10. Your bank will soon send an OTP to your smartphone and the app will automatically detect it and add it.
Step #11. Mention last 6 digits of your linked Debit Card and its date of expiry in appropriate space.
Step #12. You will be now prompted to choose a new 4-digit UPI number. Make sure it is different than your BHIM app password which you have chosen in Step #7.
How to Use BHIM app on Android Phone
This is it! Now you are registered with BHIM app. Now let’s see how you can use this app for various transactions.
Send Money from BHIM app
You can send money from BHIM app by two variations. One is by tapping on Send button and then mentioning the mobile number of the recipient which is the easiest way. Another way is by tapping on the 3 vertical dots on the top right corner of your screen where you need to fill up the complete bank account details of the recipient.
If you wish to receive money when a need arises then tap on ‘Request’ button. Over here too you got two options, either enter the mobile number of the person from whom you wish to receive money and verify it, or tap on the QR Code logo on the top right corner of your screen. If the sender is near to you then after you generate the QR he will scan it and transfer the money.
You will also able to purchase things once BHIM app spreads across India. Whenever you need to purchase and use the app tap on ‘Scan & Pay’ option. Put your mobile in front of the merchant’s QR code and enter the amount you wish to pay once the scan is over you will be able to pay it directly from your bank account.
Having gone through few e-Wallets existing in India, which are the best alternatives to Paytm, what BHIM app might score over them soon is that in this app you will not have to keep anything in e-Wallet. Whenever you need to pay or transfer all you need to do is to use the app according to your need and the money will be directly debited from your bank account.
Yes, it may take weeks or even months before we see more and more people around us having BHIM app and more merchant establishments start carrying BHIM QR Code for cashless purchase, but what I have seen here is simple but wide possibilities of easy online transactions. We can hope that once BHIM app is used by more and more people Government of India will add extra features into it and add online options so it spreads faster and thus will encourage people to go online.