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BHIM Joins Hands with Fintech Yatra to Boost Financial Inclusion and Digital Literacy.

Banking & Finance | Dated: 31 Jan 2025

In January 2025, Bharat Interface for Money (BHIM), India's flagship digital payments application powered by Mumbai-based NPCI BHIM Services Limited (NBSL), a subsidiary of the National Payments Corporation of India (NPCI), partnered with Fintech Yatra 2025 as a Principal Partner.

🎯 Key Highlights:

  • - This strategic collaboration aims to accelerate the adoption of digital payments, enhance financial inclusion, and promote digital literacy across the country.

💡 Other Important Facts:

  • (i) The Fintech Yatra is a 10,000-kilometer (km) long epic road journey aimed at identifying, understanding, and boosting players in financial services across India. It serves as a platform that connects startups, Financial Institutions (FIs), and investors while simultaneously promoting digital independence.
  • (ii) As part of this collaboration, over 200 individuals from select Non-Governmental Organizations (NGOs) will be trained under a train-the-trainer model, empowering them to raise awareness about digital payments.

📚 Test Your Knowledge:

Recently, which digital payments app partnered with Fintech Yatra to promote financial inclusion and digital literacy?

Correct Answer: BHIM

🚀 Quick Recap: