P2P Payments Bootstrapped

BHIM

India's Government-Backed Instant UPI Payment Infrastructure App

Available in 8 countries Last verified: Mar 2026
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Founded
2016
Users
50M+ downloads
Total Funding
₹300 Crore (~$36M)
Employees
201-500

🏢 Company Overview

Headquarters
Mumbai, India
Funding Stage
Bootstrapped
Total Funding
₹300 Crore (~$36M)
Users
50M+ downloads
Pricing
Free
Rating
★ 3.8
AML Compliant PCI DSS Payment License No (bank-level deposit insurance via DICGC up to ₹5,00,000 applies to linked bank accounts)

ℹ️ About BHIM

BHIM is India's official UPI payment app by NPCI enabling instant, zero-fee bank-to-bank transfers via mobile.

⚡ Key Features

Instant bank-to-bank UPI transfers
UPI Lite PIN-less micro-payments support
RuPay credit card on UPI integration
UPI Circle delegated payment authorization
Bharat BillPay integrated utility bill payments
QR code and Aadhaar-based authentication

💪 Strengths & Weaknesses

4 Pros 3 Cons
💪
Strengths
What it does well
Zero transaction fees nationwide
Government-backed sovereign platform
Open-source licensed code model
Supports 170+ member banks
⚠️
Weaknesses
Areas to improve
Limited international merchant acceptance
Sub-1% domestic UPI market share
Occasional app stability issues

💬 User Reviews

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🌍 Available In

8 countries
India Bhutan Nepal Singapore UAE France Sri Lanka Trinidad and Tobago
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