BHIM App Now Offers Cashback Worth Up to Rs. 750 to Customers

Marco Green
April 15, 2018

To further boost usage of government's BHIM App, the ministry has now announced a cashback offers for new and existing users.

#JUSTIN | Great news for @NPCI_BHIM users! Previously, BHIM app extended its offer of cashback for the merchants to March 31, 2018.

The new customers will get a cash back worth Rs. 51 for new customers and a total of Rs. 1,000 to merchants opting the BHIM app.There isn't any minimum limit for the first transaction.

In other offers, for transactions of Rs 100 or above, there's a cashback offer on a minimum transaction value of Rs. 10.

Payments app are attracting the users with attractive cashbacks or coupons. The app needs to be downloaded from your registered mobile number. The BHIM app will offer a cashback of Rs 25 on every transaction with a minimum value of Rs 100 to any UPI ID, back account, virtual payment address or mobile number. While users can earn a maximum of Rs 500 via more cashback, the highest for earned cashback is Rs 250.

Giving cashback plans is not something for the first time the government is practicing in order to promote BHIM App.The government previous year launched two new schemes namely BHIM Referral Bonus Scheme and BHIM Merchant Cash back Scheme for increasing the number of users. The app is also offering cashback on minimum transaction value of Rs 10 which will be valid when a number of transactions are less than 50 but equal to or more than 25, the app will offer a cashback worth Rs 100 and another Rs 200 cashback can be redeemed by users when the number of transactions are equal to or more than 50 but less than 100. Users will have to link their bank account and do the first transaction - send Re 1 or more - successfully to get the cashback amount. If the transactions equal to or are more than 50 but less than 100, a cashback of Rs 200 will be given. All the merchants need to do is credit minimum 10 transactions whose value should of Rs 25. The merchants will enjoy cashback offer of Rs 1000 per month. The merchants will get 10% of transaction value in nearly every transaction.

In order to promote the government funded BHIM app against the various private funded payment apps.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER