PhonePe is an Indian digital payments company headquartered in Bengaluru. It was founded in 2015 and owns over 35 crore registered users with 15 crore monthly active users. PhonePe generates most of its revenue from recharges and bill payments but also earns from promoting brands and providing analytics to Yes Bank. Users can transfer up to Rs. 1,00,000 per day after downloading the app, verifying their number, adding bank details, and setting a UPI PIN.
PhonePe is an Indian digital payments company headquartered in Bengaluru. It was founded in 2015 and owns over 35 crore registered users with 15 crore monthly active users. PhonePe generates most of its revenue from recharges and bill payments but also earns from promoting brands and providing analytics to Yes Bank. Users can transfer up to Rs. 1,00,000 per day after downloading the app, verifying their number, adding bank details, and setting a UPI PIN.
PhonePe is an Indian digital payments company headquartered in Bengaluru. It was founded in 2015 and owns over 35 crore registered users with 15 crore monthly active users. PhonePe generates most of its revenue from recharges and bill payments but also earns from promoting brands and providing analytics to Yes Bank. Users can transfer up to Rs. 1,00,000 per day after downloading the app, verifying their number, adding bank details, and setting a UPI PIN.
PhonePe is an Indian digital payments company headquartered in Bengaluru. It was founded in 2015 and owns over 35 crore registered users with 15 crore monthly active users. PhonePe generates most of its revenue from recharges and bill payments but also earns from promoting brands and providing analytics to Yes Bank. Users can transfer up to Rs. 1,00,000 per day after downloading the app, verifying their number, adding bank details, and setting a UPI PIN.
and financial technology company it’s headquartered in Bengaluru, Karnataka, India. PhonePe was founded in December 2015, by Sameer Nigam, Rahul Chari and Historyof Burzin Engineer. The PhonePe app, based Phonepe on the Unified Payments Interface (UPI), went live in August 2016.It is owned by Flipkart, a subsidiary of Walmart. ▪ There are almost 8000 employees working in phonepe. The PhonePe management team includes ▪ Adarsh Nahata (Chief Financial Management Officer), TeamOf ▪ Manmeet Sandhu (Chief People Phonepe Officer), ▪ Marcus Terry (Vice President, Customer and Merchant Experience and Operations). ▪ Simple, Fast & Secure ▪ One app for all things money. Pay bills, recharge, send money, buy gold, invest and shop at your favourite stores. ▪ Pay whenever you like, wherever you like. Features of Choose from options like UPI, the Phonepe PhonePe wallet or your Debit and Credit Card. ▪ Find all your favourite apps on PhonePe Switch. ▪It currently has over 35 crore registered users with over 15 crore NUMBER of Users And Annual monthly active users. Revenue ▪₹690 crore (US$86 million) (FY 2020-21) ▪ The major percentage of the revenue of PhonePe comes from recharges and bill payments. Also, PhonePe is promoting several brands on its application with special offers and vouchers. PhonePe earns revenue from Yes Bank by providing the analytic Source of Revenue database and targeting its products to the of Phonepe, users. Chargers & It’s ▪ PhonePe does not charge its Users any fee for Transaction limit creating an Account, however, We reserve the right to change its fee policy from time to time. ▪ A user is allowed to transfer a maximum of Rs 1,00,000 per day per bank account. The PhonePe app has a daily limit of Rs 1,00,000. ▪ Step 1- You can easily download it from Play Store, App . Store. ▪ Step 2 – Open the app and verify your mobile number. (Be sure that the mobile number you entered should be the same one registered with your bank account). ▪ Step 3 – Enter all the required details (Name, email address and set your 4-digit password and activate your wallet. Download & ▪ Step 4 – Select your bank account to link, the app will automatically fetch the details. Activate process ▪ Step 5 – Now set your UPI PIN by tapping on the set UPI PIN button ,Enter your card details ( Last six digits of your Debit/ATM card number and expiry date . ) ▪ Step 6 - Your bank account has been added successfully, now you transact directly using your UPI PIN.