Which of the following mobile payment applications is developed by the National Payments Corporation of India based on UPI?

BHIM is the mobile payment app built by the National Payments Corporation of India on the UPI platform.

It lets users send and receive money instantly between bank accounts using a UPI ID or QR code.

MyGov is a citizen-engagement portal for sharing ideas with the government, not a payment app.

UMANG is a single app offering many government services, but it is not the NPCI UPI payment app.

PhonePe is a private company's UPI app, whereas BHIM is the one made directly by NPCI.

BHIM is named after Dr B R Ambedkar and stands for Bharat Interface for Money.