Under umbrella of Digital India, the Bank has launched BHIM AADHAAR OBC. This application is practically meant for merchants for taking payments from their customers. This app works on AEPS (Aadhaar Enabled Payment System) which is already operational in the country. BHIM AADHAAR OBC needs to be installed by merchants i.e. shopkeepers, showrooms, owners etc on to their smart phones having Internet facility.
Merchant has to fill an application form and submit to the OBC branch for BHIM AADHAAR OBC app registration. Once merchant gets registered Merchant ID shall be generated and Merchant shall be provided Biometric device/finger print scanner.
The merchant needs to download BHIM AADHAAR OBC app from Play Store on to their Smartphone having internet connectivity.
After downloading and installing the app, the merchant needs to connect the phone to the finger print scanner
To promote adoption of this mode of payment, the Government has launched “BHIM Aadhaar Merchant Incentive Scheme”, which is applicable to the merchants using BHIM AADHAAR OBC app also. This scheme is applicable till 31/03/2018 unless it is extended. Salient Points of Scheme are as under;