Bhim gets big boost as NPCI scales up incentives, offers

Bharat Interface for Money (Bhim), the government’s UPI-based consumer payments application, has almost doubled its monthly transaction count in the last six months to around 70 million in June, according to people in the know.

Bhim, run by the National Payments Corporation of India (NPCI), had experienced a stagnation for more than two years, processing around 25 million transactions a month between January 2022 and June 2024, before the numbers started climbing.