Phone Pe New User Offer – Get 50% cashback up to 100 Rs On sending money through UPI
Phone Pe, a UPI-based transaction app owned by Flipkart in partnership with Yas Bank, again started 50% cashback offer for a new user, in which when you send money to other Phone users through UPI transaction, You will get 50% cashback up to 100 Rs. You can also transfer that 100 Rs cashback instant to your bank account. On this guide, I will tell you how to create a new account, add a bank account and send money to other.
Don’t worry for link up your bank account with Phone Pe app. It is licenced by RBI and it made all banking task easy like transfer money from your bank account to others, checking balance.
More detail about Phone Pe: –
- In Phone Pe app, You can check your account balance, transfer money instantly from one bank account to another bank account, save beneficiaries and manage multiple bank accounts in one App.
- You will get a benefit of an E-wallet like Paytm and the huge advantage of transacting directly from your bank account with PhonePe. So, you don’t need to remember to recharge your wallet, and there are absolutely no hidden charges.
- PhonePe is the fastest and cheapest way to transfer funds. Unlike other modes of payment, it allows you to make transactions worth Rs.30 lakh a month from your bank account.
- Say goodbye to a beginning of the month woes! Pay staff salaries and rents, manage yours recharges and utility bills without standing in long ATM queues to withdraw cash. You can pay for everything with PhonePe.[/alert-note]
How to get 50% cashback by sending money on phone pe app: –
=> First, Download PhonePe app.
=> Select language and click On “Register” button. After that, Choose sim 1 or sim 2, which is associated with your bank account to verify mobile Number. When you choose sim, It automatically sends SMS through your device to verification of your Mobile number.(It will charge you 1.5 Rs, but, don’t worry you will get 100 Rs free without doing any hard task.)
=>(Optional) Now create your unique VPA (Virtual Payment Address) for your account. This is used to send and receive payments. It is somewhat like a username for your account, keep in mind your VPA plays an important role in receiving payments.
=> Now, Follow below Steps to link up your bank account to your phonepe account.
You can also check the video for this task from here.
- Step 1 Open menu by tapping on the ” ” icon at top right corner of the screen.
- Step 2 Go to Bank Account section, and tap on the ” Add New Bank ” button.
- Step 3 Select the bank which you want to link with PhonePe from the list of available banks.
- Step 4 PhonePe will fetch your account details in an instant and will link it to your account. proceed to set up UPI PIN by tapping on the set UPI PIN button.
- Step 5 Enter the ” last six digits ” of your Debit/ATM card number and ” Expiry Date ” (Incase your card does not have an expiry date, then try entering 00/49)
- Step 6 Use the OTP which you received from your bank, to set your UPI PIN.
- Step 7 You have added your bank account successfully, now you transact directly from your bank account by authenticating using your UPI PIN
=> Now, go to the home screen by clicking on ‘Home‘ and there click On “send” icon below the Transfer Money section.
Now, send money to your friend who has already have an account on Phone Pe. If when you get an option at payment page for payment, choose UPI. (To get 100 Rs cashback, send 200 Rs to anyone friend who already has phone account by clicking friend’s contact number from contacts section. It will ask MPin to do a transaction at the end. so, put your mpin that time.)
Note: – If your friends don’t have an account on Phonepe, then type 7567408784 on “Type Name, Name or Vpa” bar. We will give you back your 200 Rs within 5 Min.(contact me first before sending me money on phonepe)
=> To send cash back to your bank account, Go to wallet section and drag and drop wallet icon to your bank icon on Wallet section. It will transfer instant your money to bank account.[/alert-announce]
Cashback Proof: –
Phone pe refer and Earn: –
- When an invited user sends money through UPI on PhonePe for the first time, invited user gets 50% Cashback (up to ₹ 100) and the inviting user gets ₹ 50 Cashback.
- Invited user means having one who has clicked on referral link and opened the PhonePe app.
- The send money transaction for the invited user has to be to a PhonePe user only, sending money to bank accounts will not be eligible for this offer.
- The send money transaction for the invited user must be the first ever UPI transaction of the user on PhonePe.
- The invited users will get the cashback for first UPI send money transaction only once. This will also be limited to once per Smartphone and once per bank account.
- The Cashback will be credited to the PhonePe Wallet within 24 hrs.
If you need help regarding this, comment below. I will try to help you.