BHIM - Bharat Interface for Money which have been adopted by 18 million users with in a few months decided to offer people with few incentives to encourage cashless transactions.
What are the benefits for everyone?
BHIM Referral bonus for individuals.
Refer your friend to make his first transaction of minimum 50 with BHIM successful, your friend receives 50 and you get 10.
want more such deals as whatsapp alerts?
click here to know more about our whatsapp alerts.
Download BHIM app from here.
What are the benefits for Merchants.
BHIM Merchant Cashback Scheme incentivises merchants to use the BHIM mode (either QR code or VPA or Mobile number or "Pay to Aadhaar") for business transactions. For up to 50 to 100 transactions, merchants will be rewarded Rs. 100 cashback every month. For more than 200 transactions, the merchant stands a chance to receive Rs. 50 paise per transaction till up to Rs. 300 per month - leading up to Rs. 1,800 for six months.
Cashback will be normally credited into your bank acc by 7th of every month.