Latest news with #BHIM
Mint
a day ago
- Business
- Mint
UPI Circle goes cross-platform: Here's how it works across BHIM, GPay and PhonePe
Managing daily payments for elderly family members or dependents, long a logistical challenge for many Indian households, just got easier. The National Payments Corporation of India (NPCI) has expanded the UPI Circle feature, previously exclusive to the BHIM app, to work interoperably across major platforms like PhonePe and Google Pay. The upgrade transforms UPI Circle into a practical, everyday tool for families who use different apps to manage shared expenses. 'UPI Circle now enables interoperability between apps like BHIM, GPay, and PhonePe. This allows primary and secondary users to link and transact even if they are on different UPI platforms,' a spokesperson from PhonePe said. UPI Circle allows a primary user to authorize trusted secondary users, such as family members, friends, or caregivers, to make payments from their bank account within pre-set limits. Previously, this feature could only be accessed on the BHIM app. That limitation posed a barrier to many users who preferred other UPI apps like PhonePe or GPay. This means a caregiver using BHIM can now transact on behalf of an elderly parent who prefers PhonePe, or vice versa, without switching platforms. With UPI Circle now supporting cross-platform functionality, users can link across different UPI apps to enable delegated payments. A common scenario is where a primary user on PhonePe authorizes a secondary user on the BHIM app to make transactions on their behalf. The setup process and payment flow have been designed to be intuitive and secure, enhancing convenience for families managing shared financial responsibilities. To initiate the process, the primary user on PhonePe begins by navigating to the UPI Circle section on the home screen. From there, they select the option to 'invite a secondary contact'. The primary user can either pick a contact saved on their device or manually enter the secondary user's UPI ID. Alternatively, they can scan the secondary user's QR code, which can belong to any UPI app that supports the UPI Circle feature, including BHIM, GPay, or PhonePe. In this case, the secondary user is on the BHIM app. Once the invitation is sent, the secondary user receives a notification on the BHIM app and accepts the invite. The primary user on PhonePe is then alerted that the invite has been accepted, completing the linking process. From this point onward, the secondary user is authorized to initiate payments using the primary user's account, in accordance with the permissions granted. The payment flow between the two apps is also seamless. The secondary user on BHIM initiates a payment by either scanning a QR code, entering a VPA, or typing in a mobile number. When prompted to choose a payment instrument, they select the primary user's account, which was previously linked via UPI Circle. After confirming the payment request, the primary user receives a real-time notification on the PhonePe app. The primary user can then approve or decline the transaction by entering their UPI PIN. Once approved, the transaction is completed, and both parties—on BHIM and PhonePe—receive confirmation messages. The transaction is also recorded in the history section of both apps, ensuring transparency and easy tracking. This interoperability between apps like PhonePe and BHIM makes UPI Circle significantly more accessible and useful in real-world settings, especially for households where family members use different UPI platforms. UPI Circle supports two types of access—partial and full. In partial delegation, the secondary user can initiate a payment, but the transaction must be approved by the primary user, who completes it by entering their UPI PIN. This setup is ideal for situations where the primary user wants to maintain direct control over every transaction while still allowing someone else to initiate payments. For instance, a child making a payment request on behalf of a parent, who then authorizes it in real time. In full delegation, the primary user gives the secondary user complete authority to make payments independently, within a defined limit—up to ₹ 5,000 per transaction and ₹ 15,000 per month. This is useful in scenarios where the primary user may not always be available to approve transactions, such as an elderly parent authorizing a caregiver to make daily purchases without needing frequent PIN approvals. However, as of now, full delegation is only supported on the BHIM app. PhonePe and GPay currently support only partial delegation, with full delegation expected to roll out on these platforms soon. Real-time alerts for every transaction and the ability to revoke access at any time provide reassurance to primary users, particularly those who may be less tech-savvy and concerned about fraud. The adoption of UPI Circle by apps like PhonePe and GPay is expected to drive broader usage of the feature, especially among users who rely on different UPI apps for daily transactions. The move also reflects the growing maturity of India's digital payments ecosystem, where interoperability and user control are increasingly prioritized. The cross-platform availability of UPI Circle strengthens its core value proposition: simplifying financial delegation while preserving user oversight. For millions of Indians managing payments for others, it's no longer just a feature—it's a much-needed solution that fits seamlessly into their digital lives.
Mint
4 days ago
- Business
- Mint
IndusInd Bank Samman Credit Card: Features, eligibility and how to apply
Government employees in India seeking a credit card that provides for cashback, UPI integration and fee waiver opportunities can consider the IndusInd Bank 'Samman' RuPay Credit Card. This particular credit card is designed specifically for public sector employees, it combines both traditional credit card benefits along with cutting edge technology facilitating modern digital payment features. Visit the website: Visit the official IndusInd Bank Samman RuPay Credit Card page to initiate the process of application submission. Check and verify eligibility: Do ensure that you meet the basic eligibility criteria before moving ahead. The applicant must be between 21 to 60 years of age and employed in the government sector. The applicant should also have a minimum net monthly income of ₹ 20,000. Complete the application form: Fill in personal details such as name, date of birth, employment details along with other requested essentials accurately. Submit required documents: Provide all necessary documents such as identity proof, address proof, and bank statements. For the same you can submit digital copies of government approved documents such as Aadhaar card, PAN card, electricity bills etc. Approval and verification: Upon successful verification and background checks with regards to your credit score, repayment history, default probability etc, the bank will process your application and dispatch the credit card. Cashback benefits : You can earn 1% cashback on retail expenses up to ₹ 20,000 in every statement cycle. : You can earn 1% cashback on retail expenses up to 20,000 in every statement cycle. UPI Integration : You can also link the credit card to UPI applications such as BHIM, Google Pay, and PhonePe for smooth and seamless transaction experience. : You can also link the credit card to UPI applications such as BHIM, Google Pay, and PhonePe for smooth and seamless transaction experience. Fee waivers : Enjoy zero cash advance fees and a 1% railway surcharge waiver on transactions up to ₹ 5,000 through IRCTC. : Enjoy zero cash advance fees and a 1% railway surcharge waiver on transactions up to 5,000 through IRCTC. Reward points: Earn 1.5 reward points for every ₹ 100 spent by you. Note: The features, terms and conditions discussed above are illustrative in nature. For the updated terms, conditions and features refer to the official website of IndusInd Bank. Complimentary movie tickets : You can avail free movie tickets up to ₹ 200 every six months. : You can avail free movie tickets up to 200 every six months. No charges on cash advances : Withdraw cash without incurring additional fees or any charges. : Withdraw cash without incurring additional fees or any charges. Fuel surcharge waiver: Benefit from a 1% fuel surcharge waiver on transactions between ₹ 400 and ₹ 4,000. Note: The terms, conditions, benefits discussed above are illustrative in nature. For the updated benefits and terms refer to the official website of IndusInd Bank. Before applying for a credit card always keep these facts in mind: High interest rates on unpaid balances can lead to mounting debt. Missing payments can result in penalties and lowering your credit score. Overspending beyond means can result in financial complications. Minimum due payment can trap credit card users in a debt cycle. Excessive use of credit can influence future loan approvals. Therefore, keeping the above factors in mind, borrowers should accordingly plan and apply for credit cards or other credit instruments. For more clarity on the application process applicants can reach out to 1860-26-77777 to discuss their problems with the dedicated IndusInd Bank executive. Disclaimer: Mint has a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit scores. Mint does not promote or encourage taking credit, as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.
Hindustan Times
19-05-2025
- Business
- Hindustan Times
Indian Overseas Bank LBO Recruitment 2025: Apply for 400 posts at iob.in, direct link here
Indian Overseas Bank has invited applications for Local Bank Officers post. Eligible candidates can apply online through the official website of IOB at This recruitment drive will fill up 400 posts in the organisation. The last date to apply for the post is May 31, 2025. Read below for eligibility, selection process and other details. 1. Tamil Nadu: 260 posts 2. Odisha: 10 posts 3. Maharashtra: 45 posts 4. Gujarat: 30 posts 5. West Bengal: 34 posts 6. Punjab: 21 posts Candidates should have a degree (Graduation) in any discipline from a University recognized by the Govt. Of India or any equivalent qualification recognized as such by the Central Government. The age limit should be between 20 to 30 years. The selection process comprises of an Online Examination followed by Language Proficiency Test (LPT) and Personal Interview. Candidates qualifying in the Online Examination would be called for Language Proficiency Test (LPT) and candidates qualifying both online exam and LPT will be called for Personal Interview. The online exam will comprise of 200 marks and 140 questions will be asked. The exam duration is for 3 hours. There will be penalty for wrong answers. For each question for which a wrong answer has been given by the candidate 1/4th or 0.25 of the marks assigned of the mark allotted to the respective question will be deducted as penalty to arrive at corrected score. The application fee for GEN/ EWS/ OBC category is ₹850/-. The fee for SC/ ST/ PwBD (Only Intimation charges) is ₹175/-. The payment can be made using Debit Card/ Credit Card/ Internet Banking/ BHIM / UPI, etc. For more related details candidates can check the official website of Indian Overseas Bank.
Mint
02-05-2025
- Business
- Mint
BHIM app update: A deep dive into recent features such as family mode, split expenses, spend analytics
The Bharat Interface for Money (BHIM) app, developed by the National Payments Corporation of India (NPCI), introduced a series of features such as split expenses, family mode, and spend analytics about a month ago, aimed at helping users manage their daily financial tasks more smartly. In addition, BHIM's UPI Circle feature continues to expand its use-cases for secure delegated payments. At the core of the app's functioning is the Unified Payments Interface (UPI), a platform that facilitates money transfers between bank accounts. Here's a deeper look into the new BHIM features, how to use them and where users need to be cautious. The split expenses feature is a practical tool for friends, roommates or colleagues who often share payments. This feature is already live on some other UPI apps. For a restaurant bill of ₹ 4,000 to be shared by four friends, instead of each one paying ₹ 1,000 separately, one person can pay the amount. The payer can then choose the Split Expenses option in the BHIM app, add the friends' UPI IDs, and the app will automatically send them a request for ₹ 1,000 each. Once they accept the request, the amount gets credited directly to the payer's bank account. Only transactions made via BHIM UPI can be split, and those sharing the expense must be BHIM users or have UPI IDs. The feature works only for one-time splits – recurring shared expenses such as monthly rent must be done manually every time. Family mode enables financial tasks to be shared among members. If the primary user is travelling overseas, the payment of electricity bills, DTH recharges, and Fastag top-ups can be assigned to the spouse or adult children using BHIM's Family Mode. The family members will get notifications when the bill is due, and the payments can be made from their bank accounts using BHIM. 'Family mode is designed to create a shared space within the app, allowing the primary user to assign specific tasks or payments to family members," explained Lalitha Nataraj, MD and CEO of NPCI BHIM Services Ltd. To use this feature, the primary member and the family members must have accounts on BHIM and their bank accounts linked. The family members are invited in the Family Mode section of the app. Once they accept the invite, bill payments or payment tasks can be assigned to them. Bills can only be assigned after the initial biller is registered and a payment is created. Assigned members will then receive timely reminders, ensuring that important family expenses are managed. With spend analytics, BHIM users can get a clear picture of their spending habits. The app can display a categorised summary of expenses such as groceries, utilities and shopping at the end of the month. This helps to identify areas where a user might be overspending. 'There have been many instances where people come to us and say that because of UPI payments, they no longer keep track of their expenses," Nataraj pointed out. 'The spend analytics feature solves this problem by categorising your payments and providing insights into where your money is going." This feature does not track card payments, cash spends, or payments made via other UPI apps such as PhonePe and Google Pay. Users cannot create custom categories. Transactions completed through the BHIM app will appear in the spend analytics report. In April, BHIM introduced the UPI Circle feature, which allows individuals to perform UPI transactions on behalf of someone else. This is especially useful for elderly parents who are the primary users of BHIM but not comfortable handling mobile apps. They can add trusted individuals as their secondary users and give them partial delegation to carry out transactions within certain limits and without needing to ask for real-time approvals every time. For example, parents can delegate utility bill payments to their daughter. She can initiate and complete these transactions directly from the BHIM app without needing them to approve each payment separately. However, the overall control remains with the parents, who can set transaction limits, monitor all payments in real time, and revoke access any time. This makes it extremely convenient for families where elderly parents want help managing payments but also want to retain oversight and security. Both the primary and secondary users must be registered BHIM users, and delegation settings, such as daily transaction limits, must be configured when setting up UPI Circle. Partial delegation allows secondary users to make payments independently within agreed boundaries. 'UPI Circle on BHIM is more than just a feature – it's a step towards a more inclusive and connected financial ecosystem. By offering a secure and flexible way to delegate financial responsibilities, UPI Circle enhances the way we share and manage our money," Nataraj said. BHIM is evolving from a simple UPI payments app to a complete digital money management tool – whether it's tracking your personal budget, helping your family manage bills, or securely assisting elderly parents with digital payments. The BHIM's updates reflect an understanding of the needs of modern users. However, users must follow the required conditions and remain aware of the limitations to get the best experience. As India continues its journey towards a cashless economy, innovations like these position BHIM as a key pillar of the country's digital future.
India Today
24-04-2025
- Business
- India Today
Want to share UPI with family? Check steps to use BHIM app's UPI Circle
Want to enable your parents or children to make payments from your UPI account, but without compromising on safety or control? That's exactly what the new UPI Circle feature on the BHIM app is designed to by NPCI BHIM Services Limited (NBSL), a part of the National Payments Corporation of India (NPCI), the UPI Circle feature allows you, the primary UPI user, to safely share payment access with trusted people like your parents, children, or other close family the best part? Every payment made by them will still need your approval. This means your money stays safe, while your family and friends enjoy the convenience of digital payments, all under your IS UPI CIRCLE? UPI Circle is a feature where the main UPI account holder or the primary user can authorise up to five trusted people, i.e., secondary users to make UPI payments using his account. These could be parents, children, or anyone in the every payment made by secondary users will need approval from the primary users. The transaction won't go through unless you enter your UPI PIN to confirm way, they get to use your UPI access, while you stay in full DOES IT WORK ON THE BHIM APP?To use UPI Circle, first download the latest version of the BHIM app (version 4.0.2) from the Play Store or App Store. Once installed, open the app and go to the UPI Circle section, which you'll find on the home screen or in the main can then add a trusted person as a secondary user by entering their UPI ID or scanning their QR adding them, select the option called 'Approve every payment', also known as Partial the secondary user accepts your invite, they'll be able to make payments using your UPI account. However, every transaction they start will need your real-time approval through the app before it is IS UPI CIRCLE BENEFICIAL?Many elderly people aren't comfortable using UPI apps on their own. With UPI Circle, a family member can help them pay for things, while still letting them be part of the digital payment parents can give their children access to make small payments for school or college. You control how much they spend and approve each transaction, so it's secure, and they learn how to manage money the primary user can set a limit on the spending amount by the secondary user. Under Full Delegation, the main user can set a monthly limit of up to Rs 15,000 for secondary users, while each transaction can be up to Rs 5,000. Under Partial Delegation (where the primary user approves each payment), the daily UPI limits apply.
