NPCI BHIM Services Ltd. (NBSL), a wholly owned subsidiary of the National Payments Corporation of India (NPCI), on Tuesday launched Bharat Interface for Money (BHIM) 3.0 with enhanced features for users and new offerings for businesses and banks.
BHIM 3.0 will be rolled out in phases across platforms, with complete availability expected by April 2025.
BHIM 3.0 represents its third evolution since its launch in 2016. It is now available in more than 15 Indian languages for better accessibility, works in low Internet areas thus ensuring seamless transactions even with slow or unstable network connections, and provides advanced tools to track, manage, and split expenses with ease, the company said.
“BHIM 3.0 is designed to meet the needs of today’s users in the fast-evolving world of digital payments. Built for Bharat, it prioritises safety, convenience, and inclusion. BHIM 3.0 will enhance user experience while promoting financial empowerment across all sections of society,” said Lalitha Nataraj, CEO, NBSL.
Users can split bills with friends and family seamlessly. For dining out, rent payments, or group purchases, the BHIM app now allows users to divide expenses and make payments directly.
Users can now onboard family members, track shared expenses, and assign specific payments. This feature enables better financial planning by giving families a consolidated view of their expenses, NBSL said.
A new dashboard offers view of a user’s monthly spending patterns for the spends done on BHIM App. It automatically categorises expenses, helping users analyse and manage their budget without needing complex spreadsheets, it said.
“A built-in task assistant that reminds users of pending bills linked to the BHIM app, prompts them to enable UPI Lite, and alerts them when their Lite balance is low. It ensures users stay on top of their financial activities,” NBSL added.
For merchants, the app offers BHIM Vega, a seamless in-app payment solution, which integrates with online merchant platforms, allowing customers to complete payments instantly within the app without switching to third-party apps.
Published – March 25, 2025 08:37 pm IST
