Kumari Palany & Co

Special concessions for money transactions done on BHIM app

Posted on: 07/Aug/2017 2:32:49 PM
An information is gathered that special concessions will be on offer for the customers who do money transactions through the BHIM app.

BHIM app was introduced by the National Payments Corporation of India (NPCI) for digital money transactions through the mobile phones. Currently, there are 40 Lakhs BHIM app users.

The Managing Director of the NPCI has announced that there are prospects about the new concession to be announced on the Independence Day for ‘cashback’ concessions for the customers who use BHIM app.

BHIM app was inaugurated by the Prime Minister Narendra Modi last year.

Now, an enhanced version of this BHIM app is scheduled to be released. Money transactions can be done by using BHIM app through UPI.