Page 2 - Bhim App
Centre to roll out 2 cashback schemes for payments via BHIM App
To boost digital transactions, the Central government will within a month launch two cash back schemes for payments made through the BHIM (Bharat Interface For Money) App.The first would be a Referral Bonus Scheme for individuals and the second a Cash-back Scheme for merchants, NITI Aayog CEO, Amitabh Kant said in a press conference today."We have completed inter-ministerial discussion. Cashback schemes announced in the Budget 2017-18 would be implemented in one month," Kant said.The 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 far," Kant said.Finance Minister Arun Jaitley in his Budget speech for 2017-18 had said, "Already there is evidence of increased digital transactions. The BHIM app has been launched. It will unleash the power of mobile phones for digital payments and financial inclusion." Kant said use of other digital payment options like ...
 "Centre to roll out 2 cashback schemes for payments via BHIM App")
Govt to soon launch two schemes to promote BHIM app
Referral Bonus Scheme for individuals and Cash-back Scheme for merchants are the two schemes
 "Govt to soon launch two schemes to promote BHIM app")
