<h1>BHIM App Enables Instant Transfers and QR Payments; RBI Enhances Cyber Security for Banks and Pre-Paid Instruments.</h1> The BHIM App, launched on December 30, 2016, offers features such as instant money transfers, direct bank account transfers, and a scan-and-pay option using QR codes. Users can also generate and share personalized QR codes. To enhance cyber security, the Reserve Bank of India issued a framework to banks on June 2, 2016, and further instructions to entities issuing pre-paid instruments on December 9, 2016. The RBI does not have data on hacking incidents, as stated by a government official in a written reply to a parliamentary question.