Flipkart Phonepe Wallet: How To Use Phonepe UPI Based Wallet To Make Payments?

Phonepe is a mobile payment solution provider owned by Flipkart, have launched Unified Payment Interface (UPI) wallet called Phonepe which is powered by Yes Bank.

Individuals can transfer money instantly from bank account. Also OTP is not required, just MPIN is needs to be entered. All transactions done over NPCI's secured network.

How to use Phonepe to make payments?

1. Download the app
2. Verify your mobile number
3. Set password
4. It will create new virtual Payment Address (VPA)
5. Activate your wallet
6. Select the bank
7. Link bank account
8. Start shopping or make payments

In this wallet, merchant cashback and refunds will be added instantly. One can withdraw balance in wallet to your bank account instantly.

What are the transactions which can be done on Phonepe wallet?

Individuals can transfer amount from one bank to another bank. While, bank to wallet and vise a versa is not allowed. Where as one can transfer amount from one wallet to other.
Link your bank account to the PhonePe app and make hassle-free, secure payments directly from your bank account 24/7.

Withdraw your PhonePe wallet balance to your bank account for free.

PhonePe can be used for making everyday payments such as utility bills, mobile recharge, easy transfer to friends and family, request money, etc.

How to Split Bill using Phonepe App?

Individuals can also split a bill among friends and family members from contact list.

1. Select " Split a Bill".
2. Select names or mobile numbers
3. Enter the amount you want to request
4. Click "split a bill"

The transaction will remain pending until paid. You will be notified when the money is transferred to you. Individuals can also check your bank account balance through PhonePe.

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