Business Standard

National Payments Corporation introduces BHIM App open source license model

NPCI introduced the BHIM app open-source license model, under which the source code of BHIM App will be licensed to regulated entities who do not have an UPI app of their own

BHIM mobile app
Premium

BS Reporter
The National Payments Corporation of India (NPCI) on Wednesday introduced the BHIM app open-source license model, under which the source code of the BHIM App will be licensed to regulated entities that do not have a UPI app of their own.

Currently, a large number of banks do not have a mobile banking app and by licensing the source code of the BHIM app to such banks, NPCI wants to bridge this gap by extending all the readily available features of UPI to these entities which will be an economical and quick-to-market solution for these entities. Presently, these banks are

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in