What is PhonePe, PhonePe meaning in english and usage

PhonePe is an application allowing to do online transactions, which is UPI based, by installing PhonePe application, creating your account on it, online payment can be done, online recharge bill payment etc can be done even through PhonePe International transactions are also possible.

What is Phone pay

PhonePe is an application providing services for digital payments and online transactions, which works in partnership with many banks, the parent company of PhonePe is Walmart, which is an American company.

Features of PhonePe

phone pe wallet

PhonePe Wallet is one such option with the help of which you can do online transactions even without UPI, because you can keep your debit card details directly in the wallet on your phone, you can do all those processes from your PhonePe Wallet. Which you can do with UPI ID on your phone.

mobile number to mobile number

If you want to transfer money directly from your mobile number to any person’s mobile number, it is also necessary for that person, that he is using the phone and you will be able to transfer money on his UPI ID.

mobile number to bank account

PhonePe allows its users to transfer money from mobile number to bank account, just you need to have more bank account details i.e. bank account number and IFSC code to which bank account number you want to send such

auto pay

This is such an option that proves to be very beneficial for the businessman because in this way he can set up auto payment, so that the payment will be done automatically at the set time, it will not need to be done manually. Take if you have to pay any person every month, you have to do it manually, but when you set up auto payment in phone pay, the automatic payment will be done on the date set by you.

scan and pay

You can pay with the Scan & Pay option of PhonePe on any other payment gateway, you just have to scan the bar code of the QR scanner on your phone from which you want to make the payment, it doesn’t matter that Whether that qr code is from phone pe company or google pay or any other company, if it is a payment gateway then payment will be successful.

History

All the transactions done by you, whether you have sent any amount to any person or paid a bill, or any other person has paid you, all those details are present in your phone pay history.

Recharge & Bills

You can recharge your various types of devices and pay their bills using the phone.

What is the UPI ID of PhonePe

First of all you have to go to your phone pay then My UPI id will appear on Transfer money card on homepage, your UPI ID will appear right in front of it.

How much money can I send in a day with PhonePe? 

In a day you can do up to 100000 transactions through UPI

Where is PhonePe company?

PhonePe was created by Sameer Nigam, Rahul Chari and Burzin Engineer, and its parent company is Walmart which is an American company.

In this article you have learned what is phonepe, we hope this information will prove useful for you.

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