BHIM App Offering Rs. 750 Cashback, Know How To Get It?
BHIM App, BHIM App Cashback, CashBack Offers, UPI Transactions Cashback, GOI, Government of India, Digital India
Digital transactions are on hype now a days and Government of India is also pushing its BHIM app to increase the cashless transaction and for the same it has launched special cashback offers for both customers as well as merchants. The offer is also tweeted by the official Digital India account.
In this scheme, customers who complete the first successful financial transaction will get a cashback of Rs 51. The transaction can be of any amount as there is no set minimum limit. The BHIM app will offer a cashback of Rs 25 on every transaction with a minimum value of Rs 100 to any UPI ID, back account, virtual payment address or mobile number. In this case, however, maximum cash back is limited to Rs 500 per month.
#JUSTIN | Great news for @NPCI_BHIM users!! @NPCI_NPCI announced alluring #BHIMCashback plans for new and existing users, for 'customers' & 'merchants' both. To #KnowMore visit https://t.co/AVRBhaXoQ1#BHIM #BHIMSe #IAmDigital #DigitalPayments #DigitalInitiatives #DigitalIndia pic.twitter.com/EOVDmGTKHS
— Digital India (@_DigitalIndia) April 14, 2018
In other offers, for transactions of Rs 100 or above, there’s a cashback offer on a minimum transaction value of Rs. 10. If a user makes the number of transactions less than 50 but equal to or more than 25, BHIM app will offer a cashback worth Rs. 100. If the transactions equal to or are more than 50 but less than 100, a cashback of Rs 200 will be given. Likewise, BHIM app will offer cashback worth Rs. 250 for the number of transactions equal to or less than 100.
For merchants also, the BHIM app is offering cashback of 10 percent of the transaction value with an upper limit of Rs. 50 per transaction. All the merchants need to do is credit minimum 10 transactions whose value should of Rs 25. Further, there’s a cashback of 10 percent of the transaction value with an upper cap of Rs. 50. These cashback offers are available and valid for any bank merchant who’s receiving payments through BHIM UPI or the BHIM app. Merchants will have to ensure that minimum five transactions are credited with a value of Rs. 25 to avail the cashback.