BHIM

Type: Digital Payment Platform

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About BHIM

Founded	2016
Headquarters	Mumbai, Maharashtra, India
Market share	BHIM is one of the leading digital payment platforms in India, competing with other UPI-based apps like PhonePe and Google Pay.
Major competitors	PhonePe Google Pay Paytm Amazon Pay
Notable partnerships	Collaboration with various banks for UPI services. Partnerships with government initiatives to promote digital payments. Integration with e-commerce platforms for seamless transactions.
Recent developments	Introduction of new features like international remittances. Partnerships with various banks to enhance service offerings. Expansion of merchant acceptance for BHIM payments.
Regulations	BHIM operates under the guidelines set by the Reserve Bank of India (RBI) and adheres to local financial regulations.
Official website	https://www.bhimupi.org.in