BHIM app may take on Paytm by offering more cashback

Megha Jain

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Get ready to have cashback as rewards this Independence Day as the government is all set to offer higher cash back to users who opt for digital transactions using the BHIM App. It was launched in December by PM Modi to boost digital payments after demonetisation. Currently, cashbacks are between Rs.10 and Rs.25. A new version of BHIM app will also be rolled out this August 15.