PM Modi launches the BHIM Aadhaar initiative for merchants
Developed by National Payments Corporation of India (NPCI), the Aadhaar-linked Bharat Interface for Money (BHIM) mobile app is based on the Unified Payment Interface (UPI).
After the demonetisation scheme was rolled out on November 8 last year and the government began to push people towards cashless transactions, the BHIM app was launched in Devember 2016 for facilitating electronic payments by consumers.
In March this year, the government launched Aadhaar Pay, an Android-based smartphone app.
Government thinktank NITI AAyog tweeted quoting Union IT Minister Ravi Sankar Prasad, "Over 2 crore downloads of #BHIM App, 13 lakh PoS machines sold, Rs. 2452 crore worth #DigitalPayments - all in 4 months."
At the DigiDhan Mela, the PM also gave away awards to Mega Draw winners of Lucky Grahak Yojana and DigiDhan Vyapar Yojna.
Image: AIRNews/PIB Twitter
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