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On the fiftieth day since the implementation of demonetisation, Prime Minister Narendra Modi launched the digital payments app BHIM which will facilitate e-transactions with just a thumb impression.
In This Pic : Narendra Modi
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"In two weeks, payment through use of biometric fingerprint will begin in India. With the BHIM app, you'll only require your thumb to pay. In the past, illiterate people were called 'angutha-chaap' but now your thumb is your bank. It has become your identity now," PM Modi said at the DigiDhan Mela in Delhi.
In This Pic : Narendra Modi
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BHIM (Bharat Interface for Money) is an Aadhaar-based mobile payment application and a re-branded version of UPI (Unified Payment Interface) and USSD (Unstructured Supplementary Service Data) modes of e-payment.
In This Pic : Ravi Shankar Prasad, Narendra Modi
Pic Courtesy : PTI
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A tribute to economist Dr Bhimrao Ambedkar, the BHIM App is very simple to use and doesn't require internet connectivity mobile phones, PM Modi said. "Dr Ambedkar's mantra was to work for the upliftment of the poor. And the biggest power of technology is that it can empower the poor," he added.
In This Pic : Narendra Modi
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Calling it a "Christmas gift" to the public, Modi also felicitated the winners of the Lucky Grahak Yojana and DigiDhan Vyapar Yojana. Under these schemes, those who conduct digital payments of more than Rs 50 and less than Rs 3000 would be rewarded in a lucky-draw. Over 100 days, several prizes of Rs 1,000 will be given to people through lucky draws. The mega draw will be held on April 14, the birth anniversary of Babasaheb Bhimrao Ambedkar.
In This Pic : Ravi Shankar Prasad, Narendra Modi
Pic Courtesy : PTI
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