BHIM(Bharat Interface for Money) is a government initiative and developed by the National Payments Corporation of India(NPCI). It is an app where only one UPI-enabled bank account can be added. BHIM offers attractive features like free unlimited transactions between accounts with no commission and hidden charges. It is synced directly with the bank account and there is no need of any wallet recharge like other private payment apps like Paytm and Mobikwik. The inclusion of more people into the digitized world through BHIM,however,remains a challenge for NPCI and it must initiate programmes to spread the technology and ensure that it is accepted at physical and online stores and public transports. Read more at:  http://www.bhimguide.in/2017/01/difference-between-bhim-upi-this-app-is.html?m=1

Cash on Delivery or COD was introduced by Flipkart in 2010 and it contributed to 30% of their top-line. Initially it was offered for free but now the cost is borne by the customers. Card on Delivery comprised of only 1% of the orders. Card on Delivery could not be that popular because of setup requirements whose cost shifted to the eCommerce companies, high transaction fee. Post demonetization, card on delivery, mobile wallet payments picked up. NPCI is coming up with UPI, Adhaar Pay and Bharat QR. E commerce companies are expected to use UPI on Delivery as it will reduce their cost of carrying card machines. UPI payment is a great idea after demonetization as the number of smart phone users are expected to grow from 300 million to 467 million by 2021. Since mobile wallets were launched less than 5 years back, we stand at over 200 million mobile wallet users with 300 million smart phone users in India.  Hence, we can say mobile wallets will stay and COD system will soon transform into MOD system. Read more at:  https://www.entrepreneur.com/article/294888