Do you know the top 5 PhonePe tips and tricks that will make your life easy? If not then read our complete guide to exploring PhonePe tips and tricks.
PhonePe is a BHIM UPI based app to provide digital payments or cashless service. PhonePe provides lots of services in which we can use for absolutely free like Send Money, Electricity Bill Payment, Water Bill Payment, Buy Gold, Sell Gold, Metro Recharge.
Some of the PhonePe top features are Send Money, PhonePe Switch, PhonePe ATM, PhonePe QR Code, PhonePe VPA, Electricity Bill Payment, Water Bill Payment, Buy Gold, Sell Gold, Metro Recharge and many more.
Best Phonepe Tips And Tricks Ever!
I have found out some best PhonePe tips and tricks which you can use and solve your problems. Some of the tips are PhonePe gold trick, withdraw PhonePe cashback trick, PhonePe referral/invite trick, and many more.
- Withdraw PhonePe Wallet Balance Trick
- PhonePe Referral Trick
- Withdraw Money From Bank Account Using PhonePe ATM
- Chat While Sending Money
- Your Shortcut To World Of Apps (PhonePe Switch)
We can see each tip and trick with the step by step guide to execute.
Withdraw PhonePe Wallet Balance Trick
Want to transfer your PhonePe wallet money to your bank accounts. You can transfer only the withdrawal balance. Withdrawal balance means the money which you have added in the PhonePe wallet from your bank account.
Here is a step by step guide to withdrawing PhonePe wallet balance. But for this first, you need to complete PhonePe KYC then only you will be able to withdraw wallet balance from PhonePe. However, there is a limit of transferring Rs 5000 per month.
But here is a twist when you have earned cash back from PhonePe and want to send PhonePe cashback to the bank account then this method will not works. Don’t worry I am here with new PhonePe tricks from which you can withdraw PhonePe cashback to the bank account.
Below are some steps from which you can withdraw PhonePe cashback or rewards to your bank account.
- Firstly you need to buy gold from PhonePe cashback or rewards. If you don’t know how to buy gold from PhonePe then read our step by step guide to Buy gold from PhonePe.
- Once you have purchased the gold from your cashback then you need to sell your gold.
You are thinking about why you need to buy gold and then sell gold don’t worry I will clear all your doubts. The reason for buying gold is because you can buy gold from your cashback and once you have bought gold from PhonePe rewards then you can sell your gold and receive the money directly into your bank account.
Note: You need to sell your gold after 24 hours of purchasing. 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.
Pro Tip: You can also read our step by step guide on Water Bill Payment From PhonePe & Get Rewards
PhonePe Referral Trick
PhonePe is giving Rs 100 cashback when anyone downloads PhonePe using your referral link and send money from PhonePe using UPI. You will get instant cashback in your Phonepe wallet once the referred person successfully sends money.
Step By Step Guide To Refer And Earn Money From PhonePe
First, you need to download PhonePe and create a PhonePe account. Once successfully registered on PhonePe here is a step by step guide to refer and earn rewards on PhonePe.
Step 1: First of all you need to launch and login to your PhonePe account.
Step 2: Once login you need to tap on refer and earn.
Step 3: Now you can see invite your friends from various methods like WhatsApp. Send your unique referral link to your friends and earn cashback.
Pro Tip: You can also read our step by step guide on PhonePe QR Code | Generate QR Code | Scan & Pay
Withdraw Money From Bank Account Using PhonePe ATM
PhonePe has now launched an ATM service for its users from which anyone who needs cash can withdraw the money from their bank account in a few simple steps and by visiting the nearest PhonePe ATM.
PhonePe ATM is the unique feature of PhonePe which was released on Thursday, 23 January 2020. This feature is currently rolled out for the user of the Delhi/NCR region on a trial or pilot basis.
This process is as simple as we withdraw the money from the ATM. For some users, this will be more convenient as compared to the normal bank’s ATM. PhonePe helps you to find the nearest stores from which you can withdraw the money when your bank atm is not working due to any conditions.
With the help of PhonePe, you can also find out the nearest shops that are accepting PhonePe as payment methods. Here is our step by step guide to withdrawing money from bank account using PhonePe ATM.
Pro Tip: You can also read our step by step guide on What Is PhonePe VPA | Send & Receive Money Using VPA
Chat While Sending Money
You can start the conversation with anyone in your contact list to keep the purpose of the transaction you have done. In simple words, you can send the message as a note when you have sent money from PhonePe. Also, you can use this when someone from your contact list sends money to your PhonePe account.
With the help of PhonePe chat, a user can have a conversation with the sender or receiver to confirm the status of the transaction. PhonePe will be going to release some extra features in the chat section like group chat from which a user can collect/request money from family, friends on PhonePe.
Pro Tip: You can also read our step by step guide on How To Set PhonePe Lock
Your Shortcut To World Of Apps (PhonePe Switch)
PhonePe Switch is a great initiative taken by PhonePe in which we can switch from PhonePe to various favorite apps like Food, Grocery, Health & Fitness, Shopping, Travel and many more without closing the PhonePe means within the app.
You don’t have to download or install the apps to use. For using your favorite apps you need to find the apps and start using. There are lots of benefits of the PhonePe switch you and this will makes it different from its competitor.
Pro Tip: You can also read our step by step guide on PhonePe Switch and their benefits.