The Bharat Interface for Money (BHIM) app has been a key player in India’s digital payment revolution since its launch in 2016. Now, NPCI BHIM Services (NBSL), a subsidiary of NPCI, has introduced BHIM-UPI 3.0, a major upgrade aimed at improving accessibility, financial management, and merchant transactions. With new user-friendly features and enhanced security, this update is set to drive further adoption of digital payments across the country.
BHIM 3.0 marks the third major upgrade since the app’s launch in 2016, bringing significant improvements in usability, accessibility, and financial management. Now supporting over 15 Indian languages, the update ensures a broader reach across the country.
Key enhancements include a split expenses feature, allowing users to divide bills for shared costs like rent and dining, with instant settlement. A family mode enables households to manage finances collectively by tracking shared expenses and assigning payments. Additionally, a spend analytics dashboard offers detailed monthly expense breakdowns, aiding in budgeting. The app also provides action-needed alerts, reminding users about pending bills, UPI Lite activation, and low balances.
The latest update introduces BHIM Vega, a feature designed to streamline merchant transactions. This allows businesses to accept in-app payments, reducing dependency on third-party platforms and ensuring seamless transactions for customers. By enabling direct payments within the app, merchants benefit from faster and more secure digital transactions.
NPCI Non-Executive Chairman Ajay Kumar Choudhary stated that BHIM 3.0 represents a step towards a more inclusive digital economy. Lalitha Nataraj, CEO of NBSL, highlighted its focus on safety, convenience, and financial empowerment, aligning with India’s growing digital landscape.
BHIM 3.0 strengthens India’s digital payments ecosystem with enhanced user-centric features and merchant-friendly tools. With a phased rollout, full availability is expected by April 2025, further advancing financial inclusion across the country.
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Published on: Mar 26, 2025, 2:24 PM IST
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