PhonePe QR code is the best and simple way to send and receive money from anyone. You can use this method to pay to any merchant as well as to any other PhonePe users. Only you need to scan the QR code and complete the payment.
What Is PhonePe QR Code
A PhonePe QR code is a barcode that can only be readable by Smartphone. You can generate your own QR code by following this method. QR code stands for Quick Response Code is a type of 2D bar code that often used to receive money in many digital wallets like Paytm, Mobikwik, Google Pay, Amazon, etc.
How To Download PhonePe QR Code
Well, there are some simple steps you need to follow to generate and then download the QR code which will help you to receive money from anyone. Let’s start the process without wasting time.
Step By Step Guide To Download PhonePe QR Code
Right now there are only two methods or ways by which we can generate the QR code online. You can follow any of them according to your comfortability. I am explaining both of the methods to generate your unique QR code.
Method 1: Generate PhonePe QR Code From PhonePe Application
After demonetization, the digital payment goes in trend and people are using various applications for various purposes. The trend of these wallets is increasing day by day like Paytm, PhonePe, Mobikwik, Google Pay, Amazon, etc
Step 2: Now tap on your profile which is located at the top left corner of your screen.
Step 3: Now you have to tap on My QR Code to generate your QR Code and download it.
Step 4: Now a screen will come in which you can see your QR Code. Your PhonePe QR codeis ready from which you can receive money from anyone. Simply by scan and pay.
Step 5: After generating you can also share your QR code to anyone to receive money or you can download it from here.
Method 2: Generate PhonePe QR Code From PhonePe Website
This is the another great method for generating your QR code. You can download your QR code to receive money from PhonePe website.
Step 1: First of all you need to visit the PhonePe Website to generate your unique QR code.
Step 2: Enter your PhonePe registered number to generate your QR code. This will look like the below image.
Step 3: Now you can see your QR code. Simply save or download it.
Note: You can use this QR code on your shop.
FAQ (Frequently Asked Questions)
Does PhonePe need KYC?
PhonePe wallet is monitored by the RBI and after RBI Guidelines it is necessary to complete the KYC of every digital wallet like Paytm, PhonePe, etc. Completing the KYC will not harm us in any manner although it will give us some additional benefits fo being a PhonePe KYC verified user.
Note: You don’t need to visit anywhere to complete your KYC just like we need to visit the KYC Center to complete the Paytm KYC. There is no such PhonePe KYC center as of now.
Can I transfer PhonePe cashback to bank account?
No, you cannot transfer PhonePe cashback to your bank account directly. But there is an alternate way from which we can do this. Firstly you need to buy gold from your cashback or wallet balance. Secondly, you need to sell that gold by the above-described methods. After selling the gold your cashback will be credited to your bank account.
Note: There will be some loss of your money. This is due to the buying rate of gold is higher than the selling rate. Approximate you will lose Rs 4 for selling the gold amount of Rs 100.
Can we recharge metro card through PhonePe?
Yes, you can recharge metro card from PhonePe and Paytm. They are easy to use and one of them is described above from which you can recharge Delhi Metro card online. After a successful transaction, you have to tap on Automatic Vending Machine (AVM) at any Metro Station to credit the amount to your Smart Card.