In order to increase the use of digital payement ,  government is trying to make its position on the top by providing cashback to the users and merchants. Previously, BHIM app extended its offer of cashback for the merchants to March 31, 2018. Now Ministry of Electronics and IT (MeitY) has decided that new users are also going to get a cashback on Rs 51 while using the application and the merchants who use the app will be eligible for a cashback of Rs 1000 in total. Similar cashbacks being provided by other applications (Google Tez) since users receive a total sum of Rs 51 regardless of what amount they transact through the UPI app.


Currently in BHIM There is no minimum limit for the transaction to be eligible for the cashback. This promotion offer is used to compete with other UPI apps likes of Google Tez, PAYTM UPI and other.

For every transaction for a minimum of Rs 100 to any VPA (Virtual Payment Address)/ UPI ID, bank account, or mobile number, the BHIM app is offering a cashback of Rs 25 however the cap on this has been set to Rs 500 per month.

Bharat QR Code is a common QR code made ease of payments across different wallet service. This is a standard which will support Visa, MasterCard and Rupay cards for wider acceptance. Currently, if you want to make a cashless payment at most stores, you need a credit and debit card to swipe and enter the PIN code for authentication but Bharat QR code will enable the merchants to accept digital payments without the Point of Sale (PoS) swiping machine. It will allow customers of any bank to use their smartphone app to make payment using their debit card. This will help merchants need to invest in buying the PoS machine.

As of now Bharat QR is integrated into ICICI Bank’s Pockets app and HDFC Bank’s PayZApp, with more banks expected to update their apps with support for the same. In order to test this feature I tried making payment using ICICI Bank’s Pocket app. To test the feature, I have generated a QR code using BHIM app. Next, I used Pocket’s app to scan the QR code and the payment successfully went through via UPI

 So when was the last time you visited your bank's branch? A month ago - 2 months maybe even 3 months ago? Why haven't you walked in to a branch? Simple - you didn't need to.
India and the world as we know it is moving towards a new paradigm where users demand world class service - as and when they want it.When we talk about anytime anywhere service then first thing came into mind is digital service.
If you identify with this philosophy then welcome to the world of b2 digital banking. Welcome to ICICI b2!
ICICI bank has statrted a unique idea of branch free banking with some limited access.
When ATMs were introduced, we thought that why do we need ATMs when we have good old branches? ICICI b2 banking is the next step in the evolution of banking. It's a bank, where everything is done online and since you don't need branches, so they don't offer them. you can enjoy all the conveniences of banking at your finger tips and your money grows faster. b2 understands that today’s banking is not just about payments and transfers. Hence along with these it offers other benefits like bill payments and mobile recharge.
 Features in ICICI b2 banking
    No hidden charges/zero charges
    8 % Interest rate
    No premature penalty
    Online transfer of Balance
    virtual e wallet for online payments
    No minimum balance requirement.
    24X7 banking
    Pre approved Loan without any documentation
    Online credit card
    Online draft request and free delivery any where in India
    Online RD and FDR account
    Free bills payment
    Mobile recharge facility
    Online help line service
Features not in ICICI b2 banking
      No ATM card
    No Debit Card
    No passbook
    No physical statement .
    No cheque Book
    No /limited access to branch