Bharat Interface for Money (BHIM) app has come up with the latest version BHIM 2.0 with added features and functionality.Ravi Shankar Prasad, Union Minister for Law & Justice, Communications and Electronics & Information Technology, has launched the next generation BHIM 2.0 with added functionalities, increased transaction limits, and additional language support.
To make this app more feature-rich and effective, a few new functionalities have been added to this new version as informed by NPCI.
Which majorly included an increased limit for high-value transactions, donation gateway, linking multiple bank accounts, offers from merchants, an option of applying in an initial public offering (IPO) and gifting money.
Also, the latest version supports three additional languages – Konkani, Bhojpuri and Haryanvi, on top of the existing 13 Indian languages. It is made more easy as Users just have to link their mobile phone number with a bank account to carry out transactions on the BHIM app.