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BHIM Full Form is Bharat Interface for Money is a digital payment system launched by the Government of India in 2016. Learn its history, operation, features etc BHIM Full Form - The Full form of BHIM is Bharat Interface for Money. Bharat Interface for Money ( BHIM ) is a payment app that lets you make simple, easy and quick transactions using Unified Payments Interface (UPI). BHIM stands for Bharat Interface for Money, a payment app that lets you make transactions using Unified Payments Interface (UPI). You can send and request money, scan and pay QR codes, and manage your UPI profile with the BHIM app. BHIM (Bharat Interface for Money) is an Indian state-owned mobile payment app developed by the National Payments Corporation of India (NPCI), based on the Unified Payments Interface (UPI).