From BHIM 3.0 to BHIM 7.0 ?

Not surprising considering that ,

#   India is a country in a hurry

#   NDA Ministers are an impatient lot ( - I say , a great VIRTUE  )

#   PM wants the bureaucracy to move at the Speed of the Bullet Train

#   Gadkariji has set a precedent by asking Auto Industry to jump from BS 4 to BS 6

Now , it seems the NDA government wants “ DIGITAL  PAYMENTS  ECO-SYSTEM “ to get into the 7^th GEAR ( bypassing 4^th / 5^th / 6^th  gears ! )

Let me explain

DNA ( 15 Sept ) carries following news report :

“ Bhim app to come pre-loaded in phones “

Mobile handset manufacturers have been asked by the government to pre-load smart phones with Bharat Interface for Money ( BHIM ) application , which has been developed by National Payments Corporation of India ( NPCI ) , to drive digital payments across country

According to a senior official from the ministry, this move , if implemented, is expected to spur the usage of mobile payments , ultimately pushing the government’s vision of a cashless society

The Ministry of IT and Electronics also plans to make BHIM , a SINGLE POINT for ALL MOBILE PAYMENTS via Bharat QR code which will be accepted across all merchants across platforms , including Mobile Wallets

In my following blog ( sent as E Mail to NDA Ministers on 14 APRIL 2017 ), I had suggested different stages of the evolution of BHIM , ranging from BHIM 4 to BHIM 10

BHIM;  the Unstoppable   

https://myblogepage.blogspot.com/2017/04/bhim-unstoppable.html 

At that time , only BHIM 3.0 had just got launched by PM

And  , in my above blog,

 “ From UPI [ Unified Payment Interface ] to UTI [ Unified Transaction Interface ] “

was detailed only at  BHIM Version 7.0

I don’t think that the government has given up on introduction of versions , BHIM 4 / BHIM 5 / BHIM 6  !  ( Look up blog for details )

I am sure , government has merely “ Re-arranged  Priorities “ !

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15  Sept  2017

www.hemenparekh.in / blogs