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V.Balasubramani
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A welcome move towards ‘cashless economy’…
Your thumb is your bank now': PM Modi launches Aadhaar-based BHIM app
The app is called BHIM (Bharat Interface for Money), and proposes to make digital transactions easie
Prime Minister Narendra Modi on Friday launched an Aadhaar-based mobile payment application at 'DigiDhan Mela' in New Delhi to promote and make digital transactions easier.
The app is called BHIM (Bharat Interface for Money) -- a re-branded version of UPI (Unified Payment Interface) and USSD (Unstructured Supplementary Service Data).
Speaking on the occasion, Modi said BHIM app was very simple to use and a thumb impression was enough to operate it.
Modi said the government was working to launch a new security feature, by using which transactions could be carried out without a phone and Internet etc.
"Be it a smartphone or feature phone of Rs 1,000-1,200, BHIM app can be used. There is no need to have Internet connectivity. One only needs a thumb. There was a time when an illiterate was called 'angutha chchap'. Now, time has changed. Your thumb is your bank now. It has become your identity now."
To read more click here
Your thumb is your bank now': PM Modi launches Aadhaar-based BHIM app
The app is called BHIM (Bharat Interface for Money), and proposes to make digital transactions easie
Prime Minister Narendra Modi on Friday launched an Aadhaar-based mobile payment application at 'DigiDhan Mela' in New Delhi to promote and make digital transactions easier.
The app is called BHIM (Bharat Interface for Money) -- a re-branded version of UPI (Unified Payment Interface) and USSD (Unstructured Supplementary Service Data).
Speaking on the occasion, Modi said BHIM app was very simple to use and a thumb impression was enough to operate it.
Modi said the government was working to launch a new security feature, by using which transactions could be carried out without a phone and Internet etc.
"Be it a smartphone or feature phone of Rs 1,000-1,200, BHIM app can be used. There is no need to have Internet connectivity. One only needs a thumb. There was a time when an illiterate was called 'angutha chchap'. Now, time has changed. Your thumb is your bank now. It has become your identity now."
To read more click here
