How you can get cashback offers worth upto Rs 750 on using BHIM app (Digital India)

Great New for BHIM App user read full article know how to earn by using BHIM app.

      Great news for @NPCI_BHIM users!! @NPCI_NPCI announced alluring #BHIMCashback plans for new and existing users, for 'customers' & 'merchants' both. To #KnowMore visit https://www.bhimupi.org.in/bhim-scheme #BHIM #BHIMSe #IAmDigital #DigitalPayments #DigitalInitiatives #DigitalIndia

 
  BHIM is based on UPI. UPI is not an e-wallet like PayTM or Freecharge. Your money will directly debit and transferred into your bank account using UPI. UPI was announced in Jan 2016 and launched on 11 April 2016 in the time of Raghuram Rajan. There are more than 20 Apps created by multiple banks and other firms which works on UPI such as SBI Pay and PhonePe. BHIM’s working process is ditto same as those Apps and this is because BHIM is not something new invention. However UPI was not popular so by this initiative and by promoting this particular App, more and more people will start using this and this is a Great thing.

    UPI (Unified Payments Interface) is the advanced version of IMPS (Immediate Payment Service). In IMPS we need Customer Name, Bank Account Number, and IFSC code to transfer money. In UPI we need only virtual ID to do the same job. This virtual ID may be your Mobile Number, Aadhar Number OR self-created ID

     The BHIM App, which was launched by Prime Minister Narendra Modi, is based on UPI (Universal Payments Interface) and thus linked directly to a bank account. Your friend, relative or even a merchant who you’re trying to pay doesn’t necessarily need to be on the BHIM app. All they need is a bank account to receive the payment. BHIM also has options to transfer via IFSC, MMID as well as non-UPI banks. It also means the government has decided to go with one app that will enable digital payments via UPI.

    Bharat Interface for Money (BHIM) App has rolled out new cashback plans for its customers as well as merchants. The offer can be availed by both new and existing users. The customer cashback scheme gives users up to Rs 750 cashback every month, while merchants can get cash back up to Rs 1000 per month.

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