Hi Friends, if you are searching on the internet what is the PhonePe app and how to use Phonepe, and also how you can save money using it, then your search will be completed here.
In this post, I will tell you what is it and how you can use Phonepe easily.
What Is PhonePe App?
All you need is your bank account!
“Never top up a digital wallet again! Simply link your bank account to the PhonePe app and make 24/7 hassle-free, secure payments directly from your bank account.
It is 100% safe. It is 100% easy and it is really very fast.
Only use PhonePe Wallet to get instant refunds and cashbacks from your favorite shopping destinations.”
Yes, this is what PhonePe has written about themselves on their site. But I will give more detailed information to you all in this post.
Friends, PhonePe app is an app based on Unified Payments Interface (UPI), which you can easily use to send money or receive money from someone.
It works on Unified Payments Interface (UPI), due to which you can send or receive money in a very short time, and for this, you do not have to fill in bank details repeatedly.
In the previous post, you had told all about Google’s Tez app and this too is based on Unified Payments Interface (UPI) like PhonePe. Similarly, the Government of India also has its own Bheem app and it is also based on Unified Payments Interface (UPI).
Let us know that this app has been made by India’s leading company Flipkart and it is made on the platform developed by National Payments Corporation of India (NCPI) and it is powered by Yes Bank.
Along with sending money with the help of this app, you can do things like Bill Payment, Mobile Recharge, Online Shopping, Electric Bill, Fund Transfer, etc. very easily, that too in one click.
Money is automatically deducted from your own bank. Apart from this, it has a lot of functions which you will know only by using it.
What do you need to have to use PhonePe?
- You must have your Android mobile.
- There should be an Internet Connection.
- You must have your ATM card.
- Your mobile number should be registered in the bank.
- You should have an account in any bank.
- There should be a PhonePe UPI App.
How to use PhonePe?
STEP 1. To use it, all of you must first download its app. You can download its app from the link below.
STEP 2. After installing it, you have to open it and then click on Next.
STEP 3. Here you have to choose your language. You can select any language. (I assume that you have chosen the English language)
STEP 4. After this, you have to select the SIM which is registered with your bank. (Keep in mind that to use UPI, your mobile number needs to be linked to your bank)
STEP 5. After this, by sending a message from your number, it will verify itself and after verification, you will also receive a message.
STEP 6. And after this, you have to enter a 4 digit password and click on Activate Account.
STEP 7. After this, you have to link your bank in it, in which you will see the list of all the banks. Click on the bank where you have an account.
Below is the List of Banks that Support It:
- Yes Bank
- Allahabad Bank
- Andhra Bank
- Bank of Baroda
- Bank of Maharashtra
- Bhartiy Mahila Bank (BMB)
- Canara Bank
- Central Bank of India
- DCB Bank
- Federal Bank
- IDBI Bank
- IDFC Bank
- IndusInd Bank
- Karnataka Bank
- Oriental Bank of Commerce
- Punjab National Bank
- RBL Bank
- South Indian Bank
- Standard Chartered
- TJSB Bank
- UCO Bank
- Union Bank of India
- United Bank of India
- Vijaya Bank
STEP 8. After this, your bank name and account number will come and for verification here, you have to fill in the last 6 digits of your debit card ie ATM card, and how long it is valid.
STEP 9. After this, an OTP will come from your bank which has to be written here. And with this, your bank will be connected to your PhonePe app. Now you will not have to fill in details repeatedly to do any transaction. Instead, you just have to remember your MPIN, which you have made while connecting to the bank.
Now know some of its top features that it tells about itself
1. Feature of various modes of payment
Now use your UPI enabled bank account, PhonePe wallet, and your credit and debit cards and make your daily payments easy. In addition, you can also make partial payments using any of the above payment instruments using the money in your wallet.
2. Save Card features for fast, secure, and easy payments
We have now removed the hassle of entering your card details every time you make a payment, Save Cards are fast and safe to use.
3. More economical for your money!
Never worry about your money getting stuck in wallets.
Withdraw your PhonePe Wallet Balance to your bank account in just a swipe, totally free.
4. Wallet top-up feature for fast payment of electricity
You can now top-up your wallet using a UPI enabled bank account or debit card to pay your friends, family members or make daily payments faster.
Credit cashback to the user cannot be withdrawn to any linked bank account or transferred to another user.
5. One app for all your payments!
Use PhonePe to make day-to-day payments easier – bills for useful services, mobile recharge, easy transfer to friends and family, requesting money, and more.
6. Features Now we speak in more than one language
PhonePe is also available to serve you in English, Hindi, Marathi, and Bengali language to make everyday payments easy for you.
Through PhonePe you can also check the balance in your bank account.
So in this post, you learned what the PhonePe app is and how you can use it. Hope you like this great post. Don’t forget to share this with your friends, Sharing Button is under the post. Keep Sharing, Because Sharing is Caring