BHIM Current Affairs - 2020

NPCI launches UPI Auto Pay Feature

On July 22, 2020, the National Payment Corporation of India (NPCI) launched UPI Auto Pay feature for recurring payments. Highlights The feature launched is dedicated to recurring payments. It can be used for multiple financial purposes such as booking bus pass, utility payment, paying DTH, train ticket among others. The organizations such as Policy Bazaar, Read More…

E-Nam: 200 new Mandis integrated

On May 1, 2020, around 200 Mandis were added to the E-NAM platform. The mandis were from 7 different states. They were joined through a video conference held by the Union Minister of Agriculture Shri Narendra Singh Tomar. Highlights The mandis added were from the states of Odisha, Andhra Pradesh, Gujarat, Rajasthan, Uttar Pradesh, Karnataka Read More…

Govt launches BHIM 2.0

Union Minister of Electronics and Information Technology (MeiTY) Ravi Shankar Prasad unveiled a slew of new initiatives and programmes, including BHIM 2.0 that packs-in new functionalities, supports additional languages and has increased transaction limits. He also launched a host of new initiatives including MeitY Startup Hub (MSH) portal, Indian Software Product Registry and selected Incubation Read More…

Nilekani Panel suggests measures to encourage Digital Payments

The Reserve Bank of India (RBI) appointed Nandan Nilekani committee has submitted its suggestions on measures to encourage digital payments in India to RBI Governor Shaktikanta Das. Background: In January 2019 the RBI had set up the five-member panel under the chairmanship of Nandan Nilekani to provide suggestions on deepening digital payments with a view Read More…

PM Narendra Modi launches 3 Indian mobile payment apps in Singapore

Prime Minister Narendra Modi launched three Indian mobile payment applications BHIM, RuPay and UPI enabled remittance app of SBI in Singapore aimed at internationalisation of the country’s digital payment platforms. They were launched at ‘Business, Innovation and Community Event’ held in Singapore where digital platform was the main theme. Key Facts RuPay digital payments system: Read More…