Intro to BHIM SBI Pay

  • BHIM SBI Pay is an app that allows account holders of any Bank to send money, receive money and do online bill payments, recharges, shopping, etc. through their smartphones using the Unified Payment Interface (UPI) platform.

  • In order to use this application, you should ensure that your mobile number is linked with your account and also you should have a debit card(ATM card) linked to your account.

  • Consumer and Merchant modes available now which enables the user to make payments as a consumer and collect payments as a merchant. You can easily switch modes using the toggle button on the top left of the application.

  • Multiple Bank accounts can be managed using this app at the same time.

  • You can carry out transactions 24×7 using this app.

  • It allows you to quick transfer up to 100000 INR (Rs 1 lakh) to any bank accounts without adding beneficiary.

  • Maximum transaction limit per day is 100000 INR (Rs 1 lakh).

  • Maximum number of transactions reduced to 10 per day, earlier it used to be 20 per day.

  • BHIM SBI Pay app has 2 levels of authentication. Six digit App pin to access the application and six digit UPI pin to carry out the transaction. For convenience and ease of memorizing, it can be provided the same as well. However, never share your App PIN or UPI PIN with anyone.

  • Transaction can be initiated by sender as well as receiver. Feel free to send or collect money.

  • Recharge option helps you to track all recharges at one place. Whether it be prepaid, postpaid or DTH. Even you can utilize the discount coupons for obtaining cash back, which can be used on next transaction being carried out in this platform.

  • Food option allows you to order food from your favourite restaurants. Browse menu, add food items to cart, pay from your account and get food delivered at your address.

  • Bill payment offers hassle free payment of various utilities and resources including Electricity, Gas, Broadband, Landline and Water bills.

  • Local deals enables you to explore all local deals at one place to get huge discounts while doing purchases.

  • You can transfer money to anyone by just using their Virtual Payment Address(VPA), without obtaining their account number or IFSC code. Other options to transfer using account number and QR codes are available as well.

  • One Time Passwords(OTP) not required for carrying out transactions.

  • Transaction history enables you to view list of last 20 transactions.

  • Presently nil charges for transactions carried out in BHIM SBI Pay.

  • Application can be used along with any other UPI apps in the same mobile phone and same as well as different accounts can be used in both apps simultaneously.

  • Available on Android and iOS platform.

 

 

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