PhonePe -
Q&A Submitted By: App User
Seller: PHONEPE PRIVATE LIMITED (
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Category: Finance Reviewed Version: 4.0.05
Download: iOS Android Other Similar Apps: Price: Free
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Phonepe is an Indian e-commerce and digital wallet app, its headquarters is in Ashford Park View, Bangalore, Karnataka India. It was founded in 2015, five years ago, by Sameer Nigam (founder and chief executive officer), and Rahul Chari (co-founder and chief technology officer).
The app is available in 11 languages. Its service is served only in India. Its services includes: payment systems, digital wallets, mobile payments, online shopping. It has 218 million user across India. Its features are very user-friendly, because of this, it's able to attract millions of users across India successfully.
App Features and Capabilities Use Phonepe for
Make Instant Bank To Bank Transfer 24×7: The users can transfer their money instantly to any account whole day 24/7.
Quick Online Payments and Refund: Because of this app users can easily make payments without giving hard cash or swiping any card. And also refunds payment ones made very easily and quickly.
Phonepe Switch: Its very useful feature, because of this users don't have to download any other apps. To travel, shopping, or book a flight etc. All is included in it with best offer and secured payment. To launch them you just have to tap open from the app.
Recharge And Pay Bills And More: This app has made everything very easy. You can recharge your mobile, digital television, electric bill etc. without going anywhere, form this app, which is easy to use.
Pay With Phonepe At Near By Stores: Users can now transfer money directly to registered shopkeepers. No need of cash.
Pros - Because of Phonepe users don't have to worry about carrying cash
- App is very easy to use and understand.
- It saves valuable time, now users don't have to go to particular places to Paybill’s, recharge or to make a payment.
- Phonepe is 100% secured it's powered by yes bank
- Phonepe will help it's users to keep their mobile devices storage free by its useful feature PHONEPE SWITCH, by this they don't have to download everything because it's already in there they just have to tap on Phonepe switch and every option to buy or make any kind of transaction will be easily assessed.
Cons - Maximum transaction limit of Phonepe is Rs. 1,00,000. So it's not useful for someone who want to make a transaction above Rs. 1,00,000.
Other Information to Know Phonepe has won many awards like the best mobile payment product or services at the 9th digital awards organised by IAMAI, and many more awards like this. Phonepe has many competitors like Paytm, Google pay, Bharatpe or Jio but Phonepe has fought its competitor courageously and been successful in retaining its 218 million users.
Once ICICI bank had blocked Phonepe Transaction by giving reason that it did not meet the National payment corporation of India (NPCI) guidelines. But despite of everything Phonepe had always fight back courageously and it’s still is trusted and safest way to make payment, Paybill or to transfer money. App is available for both android and IOS device. It is totally controlled with internet.
