BHIM ( Bharat Interface for Money ) is a mobile payment App developed by the National Payments Corporation of India ( NPCI ) , based on the Unified Payments Interface ( UPI ) . It was launched by Prime Minister Narendra Modi at the DigiDhan Mela at Talkatora Stadium in New Delhi on 30 December 2016 . It was named after B. R. Ambedkar and is intended to facilitate e-payments directly through banks as part of the 2016 Indian banknote demonetisation and drive towards cashless transactions
2016 Indian banknote demonetisation
2016 Indian banknote demonetisation
BHIM