BHIM Will Continue to Be Sandbox or Reference App: CEO

Bharat Interface for Money (BHIM) will continue to serve as a testing ground for industry-wide digital payment innovations as use cases around the Unified Payments Interface (UPI) scale up and the application (app) launches an improved version for users, a senior executive said.

- AJINKYA KAWALE

"BHIM will continue to be the sandbox or reference app for initial payments. It is a responsibility that we carry because we are a wholly owned subsidiary of National Payments Corporation of India (NPCI). We will nurture products to an extent and ensure that everybody else adapts to them as part of our collaborative approach," Lalitha Nataraj, chief executive officer, NPCI BHIM Services (NBSL), told Business Standard.

NBSL, a wholly owned subsidiary of the apex payments body, NPCI, rolled out the third version of its app on Tuesday.

It offers features such as a family mode for managing payments, the ability to work in low-internet areas, and a cleaner user interface (UI), among others.