PhonePe – How To Transfer Money From Phonepe to Bank Account

How to Transfer Money From Phonepe to Bank Account and Pay Bill Payments.

Hello friends, Recently, Indian Government has instructed all Mobile Wallet to perform KYC verification. Paytm, PhonePe, Tez Almost all Popular Mobile Wallet has also completed KYC Verification with its customer. Here we are talking about How to send money from phonepe? That is how to send money from PhonePe to Account Number, Mobile Number, and UPI.

People also ask

Since the Paytm Payment Bank Service has arrived, many of us are having problems in transferring money from Paytm to users and cannot send money to KYC, which is not verified.

I am continuously using both Paytm and Phone-Pe When the Paytm was launched in the beginning, the money was transferred to the money in which it was added. But gradually all is finished, now at this time, we do not get any Cashback on Money Transfer on Paytm.How to first time login NPS NSDL some easy tips

Since PhonePe has been launched since then, we are getting Cashback Offer on Mobile Recharge, Bill Payment, Money Transfer. Even in this, we get money even on adding the new account. Phone-Pe. Before getting the information about this, we know how to add your bank account to Phone-Pe. Because many people have Issued to it.

How to Add New Bank Account in PhonePe?

Adding a Phone-Pe Bank Account is very easy, just for this, we have a phone number that is connected to our Bank Account and we have to create a phone account from the same number. Once PhonePe Account is created,

We have to go to the My Account Option and click on the Bank Account Option. After that, we have to search the name of our bank and connect it. After Bank Connect, we can setup UPI PIN. Can read about it from here.

Add Bank Details in Phonepe
Add Bank Details in Phonepe

After setting up the account, we are ready to send money from PhonePe. At this time, we can transfer money from PhonePe Account to another PhonePe account or bank account along with Mobile recharge, Bill recharge, DTH recharge, Wallet Topup & Withdrawl.

  • Can send money to PhonePe Register Phone Number.
  • Can transfer money from UPI Address.
  • Can send money to Bank Account.

After the Bank Account Link, we can transfer money from PhonePay using these three methods. There is often the problem in transferring our money so we know all these ways in detail.

How to Transfer money from phonepe to mobile number?

The easiest and best way to transfer money from any Smartphone Wallet is today, if Paytm is so popular, then only due to this method and now Google Tez Mobile Wallet is popular with some such services.

If a person has a Phone-Pe register account, then we can transfer money with direct mobile number help and receive money from him if necessary, with the help of his PhonePe Mobile Number,

Just for this, we have to open our PhonePe App and click the “To Contact” option to send money to someone’s mobile number.

Like we click on To Contact, we have come back to the Saved Contact list on the phone. Just have to select that contact from here.

After selecting Contact, we have to send Amount from our PhonePe Account to Mobile Number. You have to enter the same amount and click on Send. After that, the Instant Money transfer will be done.

How to Transfer money Phone-Pe to UPI.

The way to transfer Phone-Pe to money transfer via UPI Address is almost the same. But in this, we have to select the UPI address instead of the mobile number.What is MPIN and How to Generate new MPIN.

UPI means that the Unified Payment Interface is a Secure way to do Online Transaction so that we can Hide Money or Receive our Bank Details. In PhonePe we get this feature, just for this.

After going to Phone-Pe Mobile App, you have to click on the Contact option. As we do to send money to Mobile Number. But here we have to select UPI option instead of “Contact” from Contact Option.

After this, we have to select that UPI address. Where you want to send money and then click on add UPI.

After adding UPI address, we have to process the same again as we have done while transferring money from PhonePe Mobile Number. We have to add money to the amount of money we have to send and transfer money.

How to transfer money Phone-Pe to a bank account?

If we have to send money from Phone-Pe to someone with a bank account, but there is no PhonePe wallet account or Register Register Phone in the bank. So in this way, we can transfer money to that person’s Bank Account using the PhonePe Payment System.Top 5 Bike Insurance Companies in India (2018)

But for that we have some details,

  • The account number of the person whom we want to send money.
  • Name of the person who is registered on the Bank Passbook.
  • Bank Branch’s IFSC Code Branch which has opened Bank Account.

If these are all things, then we can send money to someone’s bank account by using PhonePe wallet. Just for this, we have to open PhonePe and click on the “To Contact” option like the above process.

After clicking, you have to select “Bank Account” option and click on Add Bank Account. After that, we will have to enter the person’s IFSC Code, Name and Account Number.

After entering Bank Detail, we will have to enter Amount as much as you want to transfer to that person’s bank account. After that click on Send and send money.

Friends, How to transfer money from phone-pe? This question was probably you could have done a little bit earlier in the problem. But after knowing the PhonePe Money transfer approach here, it will be easy for you as well. I think now everyone can easily send Money from phonePe. If you have any questions please comment.

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