How am I able to make money using the BHIM App in 2021?
How to earn money from BHIM App: does one also want to understand the way to earn money from Bhim App? If yes then today’s articles are often vital for you. the event of technology has brought a revolution in India. And it’s thanks to technology that it’s slowly becoming completely digital as online services are adopting various sectors.
It has become easier to figure with it, thanks to which tons of your time is saved, today many such websites and apps are created which give online service so that you’ll buy goods, do movie booking, room booking, money transaction, etc. In today’s post, we’ll tell a few similar services that work for online transactions.
As you recognize, there are many apps and websites for online money transfers. This website and app make your work easy. Today we’ll tell you a few similar apps whose name is Bhim App, through this text, we’ll offer you detailed information about what’s Bhim app is and the way to earn money from it.
What is BHIM App?
BHIM may be a payment app supported by a UPI (Unified Payment Interface). Its full name is Bharat Interface for Money. this is often a government-run app that was launched by the Prime Minister of India, Shri Narendra Modi.
This app was launched on 14th April on the occasion of the birth anniversary of Dr. Bhimrao Ambedkar. Through which individuals can do online transactions by installing it on their smartphone. Any trader or vegetable seller can easily use this app.
For this, first, you’ve got to download BHIM App from any App Store, then, you’ve got to enter your checking account Details using your Mobile Number. When your bank accounts are added, then you’ll easily do any quiet online transaction like money transfer, mobile recharge, online ticket booking, room booking, etc.
After signing up in BHIM App, you get a VPA (Virtual Payment Address). This VPA is often supported by your mobile number or your email ID. If you would like to receive payment from the other person then your bank details won’t be required for this.
That person can only pay you thru your VPA. Instead, if you would like to form payment to the other person then you’ll also transfer money through that person’s VPA or his bank details (Account Number, IFSC code).
This app has been designed in such how that folk can easily transact their money with it and it doesn’t require any quite technical knowledge.
How to send money through the BHIM app?
Now let’s understand how you’ll send money from BHIM App.
Step 1: To send money from BHIM App, first, you’ve got to signup. Follow the steps given below to signup for the BHIM app.
First of all download the BHIM App from any App Store or the link given below.
After that install it on your mobile and open it.
After that select a language and click on Proceed button.
After that, you’ve got to settle on the SIM card present in your phone whose number is registered together with your checking account. The app will send you an SMS for verification, which can verify the BHIM App.
After verification, the BHIM app asks for a four-digit PIN, enter a four-digit PIN here. This PIN is going to be asked of you while logging into the App.
Step 2: Set BHIM UPI PIN
After signing up, you would like to enter the small print associated with your bank. After this, you would like to make a PIN. This PIN is going to be asked from you while doing the transaction. For this follow the steps given below.
Click on the Add checking account. There you’ll see an inventory of banks. Choose your bank from that. then this app will collect your account information from your bank. Whatever accounts are linked to your mobile number therein bank is going to be shown ahead of you. Select an account from it.
Now you’ll be asked to enter the last 6 digits of your open-end credit and therefore the expiry date of the open-end credit.
After that, you’ll be asked a UPI PIN. Enter a UPI PIN here. This PIN is going to be asked from you while doing the transaction.
Step 3: Send money using BHIM App
Follow the steps given below to send money through the BHIM app.
On the house screen, the app has three options. Send Money, Request Money, and Scan. Click on the SEND icon to send money.
Enter the mobile number or Virtual Payment Address (VPA) of the person you would like to send money to. (Click on the three-dot menu within the right top corner, if you would like to spend money on to checking account using IFSC code)
Enter the quantity and eventually, enter the UPI PIN. you’ll be ready to make the payment successfully.
How to earn money from the BHIM app?
As I even have already told Bhim app may be a quiet Money Transaction App. to form digital transactions more attractive, the National Payments Corporation of India (NPCI) has launched a cashback scheme for patrons and merchants using the Bharat Interface for Money (BHIM) App.
With the new plans, customers will get a cashback of up to Rs 750 per month, while merchants can get a cashback of up to Rs 1000 monthly. So allow us to now determine various ways by which you’ll earn money using BHIM App.
Get a Welcome Gift of ₹ 51 on Transaction before BHIM App
Although the cashback service is valid for both new and existing users, users using the BHIM App will get a cashback of Rs.51 on completing their first transaction as a welcome gift. For this, the user has got to link his checking account and complete the primary transaction. Cashback also can be availed by sending a minimum of ₹1 to urge the cashback amount.
Earn Money From Bhim App Referral Program
Giving this information, the Prime Minister said that if you’ll win cashback using the app, you’ll get ₹ 10 and therefore the person you refer will get ₹ 25 for each transaction, this ₹ 25 is for 3 transactions only but There should be a balance of quite ₹ 50 during this. Follow the steps given below to refer Bhim App to a lover.
Open the BHIM App.
Click on the Menu icon at the highest of the homepage.
Click on Refer a lover.
Click on Invite.
After that, you’ll be ready to share your referral link.
As soon as he downloads and installs the Bhim app through your link, then you’ll get ₹ 10 for it, if you put in 20 people, then you’ll get a profit of ₹ 200 during a day.
In this way, you’ll also earn money through the Bhim app.
Get Cashback up to Rs.500 with BHIM App
Cashback up to Rs.500 BHIM app will give Rs.25 cashback for each unique transaction done through VPA/UPI ID, account number, or mobile number. The minimum transaction value should be Rs.100. Users can earn a maximum cashback of Rs 500 per month.
In addition to the cashback per transaction, there’ll be cashback supported by the monthly transaction volume done by the users. If BHIM App users do 25 or more transactions but 50 per month, they’re going to get Rs 100 cashback. For transactions above 50 and fewer than 100, Rs 200 are going to be provided as cashback. those that do quite 100 transactions monthly will get Rs 250 cashback.