Transactions worth ₹361 crore have been made via BHIM: Govt
Minister of State for Planning Rao Inderjit Singh on Wednesday said that transactions worth ₹361 crore have been made using the newly-launched BHIM application. Government's mobile payments app, BHIM (Bharat Interface for Money) was launched in December 2016. Scandinavian countries have achieved a rate of 90% in digital transactions, while the figure in India is just 3%, Singh added.