BHIM 3.0: Are you also a BHIM user? Then this article is for you. If you use UPI for daily transactions, BHIM 3.0 could be a total game changer for you. The latest version of NPCI’s BHIM app has evolved beyond just sending and receiving money; it now acts as a smart money manager. With new features like Split Expense, Spend Analytics, and a Built-in Assistant, tracking your spending and sharing bills with friends has never been easier. BHIM has transformed from a simple payment app into a reliable partner for managing your digital finances.

 

BHIM 3.0: Enjoy features from bill sharing to family mode and spend analytics

 

The third major update has rolled out, giving the Government of India’s digital payment app, BHIM, a fresh look. BHIM 3.0 has been crafted with the everyday user, business owners, and banks in mind. This new version introduces several features designed to make your daily transactions smoother, smarter, and more secure.

 

Here are some key features of BHIM 3.0:

 

1. Bill Sharing:

 

Sharing expenses with friends or family is now a breeze. Whether it’s rent, a restaurant bill, or group shopping, you can easily split payments using the ‘Split Payment’ feature in BHIM 3.0. This enhances both transparency and convenience in managing finances.

 

2. Spend Analytics:

 

Users can now get a comprehensive overview of their monthly spending right within the BHIM app. The new Spend Analytics feature categorizes expenses automatically, making budgeting and saving simpler than ever.

 

3. Family Mode:

 

The new Family Mode in BHIM allows you to add family members to a single app. This feature helps you monitor their expenses and manage necessary payments, making collective financial planning for the family much easier.

 

4. Reminder Alerts:

 

The BHIM app will now send periodic reminders for important payments. Whether it’s a pending bill, UPI Lite activation, or low balance, the app will automatically notify you so you never miss a crucial transaction.

 

Introducing BHIM Vega for Traders

 

To better serve merchants, the BHIM app has rolled out a new feature called ‘BHIM Vega.’ This allows merchants to accept payments directly within the app, streamlining the process and eliminating the need for customers to switch to different apps, which speeds up transactions.

 

During the launch of BHIM 3.0, Ajay Kumar Chaudhary remarked, “BHIM has been instrumental in making digital payments both secure and straightforward in India. With BHIM 3.0, we are taking another significant step to empower users, merchants, and banks alike.”

 

Lalitha Nataraj, CEO of NBSL, added, “BHIM 3.0 is crafted with the modern digital payment user in mind. It’s tailored for India, prioritizing security, convenience, and inclusivity. Our goal is to enhance user experience and strengthen the financial standing of all segments of society.”