PhonePe is a Digital Wallet & Online Payment App that allows you to make instant Money Transfers with UPI. Recharge Mobile, DTH, Pay Utility Bills, Buy/Invest in Gold, Mutual Funds, Insurance & much more.
PhonePe Benefits. The main benefits of PhonePe are its functionalities, general usability and security. A s a centralized digital wallet, PhonePe is a convenient tool for many business transactions. Listed below are what to expect when you implement PhonePe: All-in-One Solution. With its availability anywhere in India and the wide variety of ...
PhonePe Pricing Plans: Free Trial. PhonePe. Starts at ₹1 lakh per transaction. PhonePe exacts a minimal amount of ₹ 1 lakh per transaction. However, other uses of the app such as money storage is free.
PhonePe Charges. As of now, PhonePe doesn’t charge a single thing from its clients for making payments, regardless of whether it is P2P or to vendors. PhonePe Daily Transaction Limit. The Phonepe App is an extraordinary method to make secure, fast transactions.
There is no charge . You can transfer easily without any investment or cost . To transfer phonepe wallet balance to bank account you need a verified phonepe business or merchant account . Then after updating both the apps . Just enabling one settings in PhonePe merchant app , when you scan QR code via phonepe app , you can transfer .
phonepe wallet to bank transfer charges If you are using this method then you have to pay a 7% charge. For example, if you are purchasing gold of ₹100 from PhonePe Wallet then after selling you will receive around ₹93 or ₹94 in your bank account.
General; UPI; Wallet; PhonePe Gift Cards/Rewards; Debit-Credit; External-Wallet; Switch; Recharge & Pay Bills; Stores
Rs. 2.5 will be charged for transactions below or equal to Rs. 1000. Rs. 5 will be charged for transactions above Rs. 1000. 18% Goods and Services Tax (GST) will also be charged on such transactions. As compared to other payment modes offered by the RBI, the charges for UPI are indeed very less and affordable to almost all of us.
According to the information provided on the PhonePe app, users will now have to pay an additional fee of 2.06 per cent (inclusive of GST) if they add Rs 100 to their PhonePe wallet from a credit card. Similarly, if user adds Rs 200 by credit card, he/she will be charged an additional charge of 4.13 per cent (including GST).