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Finance News

No Issues with BHIM App, Clarifies CEO of NPCI

While there some media reports which appeared raising questions on the redundancy of Bharat Interface for Money (BHIM) App. Top officials of NPCI came forward in defense of their system.

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SMEStreet Desk
21 Mar 2017 04:10 IST

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A P Hota, NPCI, BHIM App

NEW DELHI: With regards to few media reports about technical malfunction in certain bank’s Unified Payments Interface (UPI) application, NPCI clarified that there is no vulnerability or loophole reported in Bharat Interface for Money (BHIM) application or UPI system.
An intensive testing, robust design of security controls and continuous monitoring of its UPI infrastructure have been done, it added. The environment in which BHIM or UPI is run by NPCI is highly secured and certified with best global practices like PCI DSS ISO 27001.

“This is the reason for launching a special drive by the Government of India for linking of mobile number with bank accounts. Banks are expected to reach out to all their customers by various means and ensure universal acceptance of mobile banking services at the earliest,” said A P Hota, MD and CEO, NPCI.

Digital Payment NPCI BHIM App
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