UPI - Online Payments
DIGITAL INDIA CITIZEN CORE SERVICES:
A common person needs some basic services for the smooth conduction of his/her daily transactions. Digital India provides a set of digital India services aimed at every resident or citizen are called core services. They are (1) Digital resident identity - Aadhaar, (2) Cloud Storage - Digilocker, (3) Digital signature - e-sign, (4) Online payments- BHIM (UPI)
NEED FOR ONLINE PAYMENTS
Another important need for resident is to make online payments. Digital India has developed a platform called Unified Payment Interface (UPI). Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India facilitating inter-bank transactions. The interface is regulated by the Reserve Bank of India and works by instantly transferring funds between two bank accounts on a mobile platform
BHIM
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 enables fast, secure and reliable payments system that uses smartphones for cashless transactions.
UPI is open and can be used by others. Google Pay is application based on UPI.
With the help of these four digital india services, namely Aadhaar, Digilocker, e-Sign and UPI, residents can conduct most of their daily transactions. Hence they called DIGITAL INDIA CORE SERVICES.