In a safe and secure environment, PhonePe enables you to make simple mobile payments across India. It makes use of the UPI technology, which allows you to send money from one bank to another using a mobile phone or a VPA (Virtual Payment Address). Furthermore, PhonePe has a digital wallet for speedy returns.
The nicest part about this software is that it allows you to send money straight to your bank account without the usage of a credit card, debit card, OTP (One Time Password), or any other security passwords. PhonePe also has a digital wallet that allows for speedy reimbursements. This post will show you how to utilise PhonePe to make payments in a quick and easy manner.
How to use phonepe to send money to friends and family (Video)
Use PhonePe for Money Transfer : 7 Steps
Step 1 Open PhonePe Application First you need to download the PhonePe Application.
If you have an Android phone, you can get it via the Google Play Store. We can get it via the App Store on Apple devices.
Enter a new user name and phone number to create a PhonePe account. To authenticate your identity, you will receive an OTP.
After that, you need to enter your basic details and account details to connect your back account.
After that, you are all set to use PhonePe.
Step 2 Tap on To Bank/Upi ID Now you have opened your PhonePe app. Now you need to decide how you are going to send money.
You can send it by using the receivers mobile number.
Or you can use their UPI ID or Bank Details.
By this method, you'll be able to transfer money from your account to the receiver's account easily.
From this page, you can also check your bank balance.
Step 3 Select bank After clicking on UPI ID or Bank Account, you'll get to see this screen as shown below.
Now you need to select the recipients bank name.
PhonePe supports nearly all the domestic and international banks, as PhonePe is most commonly used.