An mPIN is a 6 digit passcode that you must enter every time you wish to make a transaction. Without the mPIN, you cannot make UPI transactions.
The BHIM app allows you to send and receive money using different modes without any transaction fees.
The BHIM App offers an easy-to-use platform for vendors and consumers across India to facilitate UPI payments.
While the growth of the BHIM app has slowed, it has contributed to generating awareness about the UPI ecosystem.
The National Payments Corporation of India is a not-for-profit organization that aims to create nationwide standards for business and retail payments across India.