Centre to roll out 2 cashback schemes for payments via BHIM App

There have been over 17 million downloads of the BHIM app so far

The central government plans to launch, within a month, two schemes — referral bonus scheme for individuals and cashback scheme for merchants — to promote the indigenous digital payments app BHIM.

“We have completed inter-ministerial discussion. Cashback schemes announced in the Budget 2017-18 would be implemented in one month,” NITI Aayog Chief Executive Officer Amitabh Kant told a press conference on Tuesday.

The Bharat Interface For Money (BHIM) app was launched on the iOS platform earlier this month. It is also available on the more popular Android platform. “There has been over 17 million downloads of the BHIM app so