How To Use PhonePe - Add Bank Account

 

how to use phonepe

PhonePe is one of the most used UPI apps

Here we have shared a complete guide on how to use PhonePe account.

PhonePe is a UPI based digital payment app that helps you securely transfer money from your bank account to anyone. You can easily create a PhonePe account. First, you must have an Indian bank account with an ATM or debit card.

how to create phonepe account

Follow the steps given below to create a PhonePe account easily-

Step 1: Download the app from the link given below.

Step 2: After downloading the app, open the app and verify your mobile number through OTP. (Ensure that the mobile number entered by you should be the same as that registered in your bank account).

Step 3: Enter all the required details (name, email address)

Step 4: Now set your 4 digit password and activate your account.

Congratulations! You have just created your PhonePe account on mobile. Now you have to link the bank account to send or receive money or do online transactions with ease.

How to add bank account on PhonePe

Step 1: Open the menu by tapping on the icon in the top right corner of the screen

Step 2: Go to the Bank Account section, and tap on the "Add New Bank" button.

Step 3: Select the bank you want to link from the list of available banks.

Step 4: PhonePe will automatically fetch your account details and link it with your account.

Step 5: Now set your UPI PIN by tapping on SET UPI PIN button.

Step 6: Enter your card details (last six digits of your Debit/ATM card number and expiry date)

Step 7: Enter OTP and set your UPI PIN.

Step 8: Your bank account has been successfully linked, now transact securely using your UPI PIN.

So you just learned how to link bank account in PhonePe. You can also link multiple bank accounts to your PhonePe account

How to transfer money through PhonePe

Step 1: Open the PhonePe app on your device.

Step 2: Go to 'Send' option on the main screen.

Step 3: Enter the UPI address or phone number of the recipient.

Step 4: Enter the transaction amount.

Step 5: Select the bank account linked to your PhonePe account.

Step 6: Verify details, tap on Send option and enter UPI PIN.

Also if you want to delete phonepe account permanently for any reason. Here are the steps you need to follow.

Frequently Asked Questions - Frequently Asked Questions

What is UPI?

Unified Payments Interface (UPI) is a 4-6 digit secret code that allows you to transfer money. All you have to do is feed in your bank account details and create a UPI ID. UPI is that it is a 24/7 service and can be used from anywhere on any day. And its 100% safe and secure

What is PhonePe and how does it work?

PhonePe is a mobile payment platform available on Google Play Store. Using this you can transfer money through UPI, recharge your mobile, pay utility bills, etc. PhonePe works on Unified Payment Interface (UPI) system, it also provides a digital wallet named PhonePe Wallet.

Is PhonePe safe to use?

Yes PhonePe is 100% secure. Since it uses the UPI system it is completely safe and secure.

Who is the owner of PhonePe?

PhonePe is owned by Flipkart.

Can I transfer 50000 through PhonePe?

The UPI transaction limit is Rs 1 lakh per transaction. So you can do transactions up to 1 lakh through phonepe 

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