BHIM App Happened A Year, The Government Announced A Major Announcement Of Cashback For Users, Details

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BHIM App Happened A Year, The Government Announced A Major Announcement Of Cashback For Users, Details

New Delhi: Prime Minister Narendra Modi on Saturday offered cashback offer to promote Bhim App on the occasion of Ambedkar Jayanti. The budget of Rs 900 crore has been approved for the use of this app in the monitoring of the Ministry of Electronics and Information Broadcasting. On April 14, the government has introduced cashback offer up to Rs 1,000 for the completion of Bhim App. According to mygovindia tweet, Bhima App's first transaction will get a cashback of 51 rupees. Cashback up to Rs 750 for every month on the transaction and a cashback of up to Rs 1,000 for every month for merchants.

One of the biggest reasons for cashback and encouragement to consumers is the continuous decline in BIMAP's digital payments. Bhim-UPi transaction has decreased by 5%.

Experts believe this offer is offered on the Bhim App, which is being run against the private sector app while offering various cashback offers to the customers.

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