1 definition by IndianEngineer
Verb: To make electronic payment directly to someone's bank account using something as simple as mobile number.
After the 2016 Indian banknote demonetization (Which also added the word Mitron to this dictionary), a government body National Payments Corporation of India launched a mobile App named BHIM that enables Indians make quick direct bank to bank payments instantly and collect money using just Mobile number or Payment address.
After the 2016 Indian banknote demonetization (Which also added the word Mitron to this dictionary), a government body National Payments Corporation of India launched a mobile App named BHIM that enables Indians make quick direct bank to bank payments instantly and collect money using just Mobile number or Payment address.
by IndianEngineer January 28, 2017