As the government aims big to promote and make digital transactions easier with BHIM (Bharat Interface for Money) app, a new survey claimed that only 35.7 percent people in rural India are aware of BHIM that has over 10 million user base in the country. Also Read - PM Narendra Modi launched the Indian Space AssociationAlso Read - India's CCI must introduce anti-competitive practices for global tech giants, allow Indian businesses to flourish
Launched in December last year, BHIM is a digital payments solution app based on the Unified Payments Interface (UPI) from the National Payments Corporation of India (NPCI). According to Brickworks Media, a sister concern of research and data analytics company Chrome DM, “only 16.2 percent of the respondents have downloaded the app which reflects the low user base in rural India and nine per cent of the respondents who have BHIM app are completely aware of usage process”.
The survey involved 5,478 rural respondents from across the country.
“Only 9.2 percent of the rural respondents have used BHIM app for any purpose till date and approximately 15 percent of the rural respondents have found easy using the BHIM app,” the findings showed. Approximately 20 percent of the respondents feel that BHIM app is a safe and secured way for money transactions. ALSO READ: PM Narendra Modi launches BHIM Aadhaar service, a digital payments platform for merchants
Prime Minister Narendra Modi said last week that the BHIM-Aadhaar digital payments platform has the potential to revolutionize the Indian economy. Launching the new combined platform in Nagpur, he said that by enabling each Indian to pay digitally using their biometric data on a merchant’s biometric-enabled device, the BHIM-Aadhaar will be like a smartphone with a biometric reader and boost digital payments in a manner unprecedented anywhere in the world. ALSO READ: UPI and BHIM: Why NPCI needs to kick in, and weed out potential loopholes
“With over 10 million user base, it is clear that major dominance for usage of BHIM app comes from urban India. Therefore, the government needs to work more on branding and awareness in rural India to increase its penetration,” the survey stressed.