National Payments Corporation of India (NPCI) has unveiled BHIM 3.0, an upgraded digital payment platform designed to improve user experience and financial inclusivity. Launched today in Mumbai by Vivek Deep, Executive Director of the Reserve Bank of India, the new version introduces multiple features targeting individual users and merchants.
The updated app now supports over 15 Indian languages and is optimised for low-internet areas, addressing accessibility challenges. Key user-centric features include expense splitting, a family mode for shared financial tracking, and a spends analytics dashboard that automatically categorizes expenses.
For merchants, BHIM Vega offers an integrated payment solution allowing instant transactions within the app. The platform aims to simplify digital payments across various user segments.
“BHIM 3.0 is designed to meet the needs of today’s users in the fast-evolving world of digital payments,” said Lalitha Nataraj, CEO of NPCI BHIM Services Limited. The rollout will occur in phases, with full availability expected by April 2025.
This launch represents the third evolution of the BHIM platform since its initial introduction in 2016, continuing India’s push towards a digital economy.
