BHIM 3.0
What’s in the news?
- The National Payments Corporation of India (NPCI) has launched BHIM 3.0, the latest upgrade to the Bharat Interface for Money (BHIM) app, introducing a suite of new features aimed at simplifying expense management and enhancing user experience.
- BHIM 3.0 empowers users with tools to track, monitor, and split expenses effortlessly.
- The app now includes a Split Expenses feature, allowing users to divide bills among friends and family for activities like dining, rent, or shopping.
- Additionally, the new Family Mode enables users to onboard family members, track shared expenses, and assign payments, providing a consolidated view of household finances.
- Transactions are automatically categorised, helping users analyse spending patterns and manage budgets without relying on external tools.
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