BHIM app already has over 14 million registrations:IT Minister

In an attempt to promote the digital payments in India, Prime Minister Narendra Modi had introduced the BHIM (Bharat Interface for Money) app late last year. And now, just after a month of its introduction, it has seen more than 14 million registrations.

IT Minister Ravi Shankar Prasad said that "The recently launched BHIM app by the government of India will



unleash the power of mobile phones for digital payments and financial inclusion. So far, over 140 lakh people have adopted the BHIM app." Mr. Prasad had also stated that the government would be launching two new schemes in the form of referral bonus (for individuals) and cash-back scheme (for merchants) shortly to promote the usage of the app further.