BHIM is BHarat Interface for Money, this app is a government (National Payments Corporation of India) developed app. Mobile transactions are increasingly done and if you have used Paypal, then it is very easy because the concept is the similar.
First you have to download the BHIM app, then create a a virtual payment address (VPA) or the Unified Payment Interface (UPI) which is like your personal email for the mobile transactions. The you generate a PIN like we use for our credit cards.
During this process, your mobile number and UPI address is linked to the bank account selected and then use it to send and receive money.
Send and receive without the need to enter bank details or other codes.
No fixed working hours, you can use the app anytime.
1.The bank in which you have the account MUST support UPI
2.Your bank account must be registered for mobile banking and you need to use the same number for mobile banking.
3.The person (seller, merchant,organisation) whom you intend to send money or receive money from also should have a valid UPI address or atleast an Aadhaar card for individuals or a QR code to scan.
4. OTPs often have errors when people have dual phones.
5.Many people have reported transaction declined errors, when this happens you need to close the app, free up some space (RAM) and then re-launch the app.
6.You need to have the same device (mobile phone) that you have used for registration, if you change your mobile hand set, then you need to re-verify once.
7.If you find that transaction is successful but money has not come into your account or the account that you have sent it to, then you need to wait for 48 hours ( 2 working days).
8. If you make one off payments to charity organisation or make a donation, then potentially you can get payments requests from them ( similar to a spam message)