Features And Function of PhonePe App !!

Friends, In the last article. I was told you that, What is the PhonePe App? What is the second application of the PhonePe app? And I told you about many points related to PhonePe App. 

          Today, we will know about the features of the PhonePe App and How we can use those features?. Welcome friends to my Digital Tech Akshay blog. Let's start friends on today's topic.

Features Of PhonePe App: -

1) Money Transfer: -

          Today, with the help of the PhonePe App, We can easily transfer money to our friends, family, and business customers sitting in the house in a few minutes. We do not have to go to any bank for money transfer. This is the best feature of a PhonePe App.

          You will see a Money Transfer option in your phone's dashboard. You will see all the money transfer options here.

PhonePe App

➥Money Transfer To Contacts:-

          You can send money directly from your mobile to your contact numbers in this money transfer option. But the phone number you want to send money, they should register their mobile number with the PhonePe app.

          As soon as you click on this option, your contact list will appear in front of you. You just have to select the contact and select your transfer amount and click the Send button. The money will be transferred in a few seconds. You can also transfer money using BHIM UPI ID.

• Download Your PhonePe App

➥Money Transfer To Bank Accounts: -

          By clicking on this option, you can send money from your bank accounts directly into your friend's or relatives' bank account. For this, you will have to add people's bank account details. Such as bank account number, bank's IFSC code, and account holder name, etc.

➥Money Transfer To Self: -

          In this option, you can transfer money from your bank accounts to your other bank account.

➥Split bill: -

          As an example, I explain to you. You and your friends are going to watch a movie and the full bill is Rs. 1050, you can tell by this bill how much you pay each by the split bill.

➥Money Request:-

          In this option, you can request money from any of your friends and PhonePe contacts.

2) Bank Balance Check: -

          You can check the balance of your bank account with the help of the PhonePe app. You need to set a BHIM UPI pin for this.

3) Reminder: -

Reminder

          You can add a reminder for your monthly payment. If your mobile and TV DTH recharge ends at the end of the month and you do not remember about it, then due to the reminder, you will be updated about monthly payments.

4) Applications: -

PhonePe Apps

          Below the dashboard, you will see the app's features. With the introduction of Apps on PhonePe, PhonePe brings all the favorite apps together for you to one place. 

          Now, you can access all of your favorite services and enjoy uninterrupted PhonePe payment experience for your transactions without any additional convenience fees. You do not need to install these apps individually to make their services available.

          In this option, you can get a free and secure login for all apps in the PhonePe App. You will not need to remember the login credentials of the bus ticket booking app used just 3 months ago. You will never have to save your card details on every other app you use. Enjoy more savings with merchant offers and exclusive PhonePe cashback offers.

          If you transfer money, recharge your mobile, or to DTH, then you get a scratch card. In that card, you get an offer. Using scratch card offers, you can get a discount on those apps.

5) History: -

          You will have to see all the transactions in the history of recharge, money transfer and bills in your PhonePe App.

6) AutoPay: -

           AutoPay is installing an automatic payment facility on the PhonePe app. AutoPay makes recurring payments very easy and convenient for bills, traffic, etc.

          To use Auto-Pay for the service provided on PhonePe, you have to authorize PhonePe to pay for that service only once through a debit/credit card. This will enable PhonePe to debit payments due to the saved card, and play on your behalf to the service provider according to your instructions and consent.

7) Gold Purchase Facility: -

          PhonePe offers you the new facility of securely certified 24-carat gold purchases anywhere, anytime, at transparent prices.

          The customer is the legal owner of 24k gold of their respective village, which is stored in 100% insured, safe vaults. Gold on PhonePe is neither a financial product nor a deposit but a way of buying gold for the customer's personal needs. 

          The customer has complete freedom to take physical delivery of the gold at any time and as often as you wish. Since it is not physically feasible to give fractional quantities, for which proposed to be done, it has been kept at 1 gram.

8) Tax Saving Fund: -

          Tax saving funds are equity mutual funds that provide tax benefits under Section 80C of the Income Tax Act. Depending on your tax bracket, you can save again. There is a possibility of earning high savings in the long term.

9) Store: -

          You can use the store feature to find nearby stores through the location. Where PhonePe is accepted as a payment option. You can use it to find nearby shops in various categories like food, health, shopping, etc. and can offer the offers available in these shops. 

          If you scroll down the screen you see, store image, location, and contact information for each of them. Offers available in these stores and additional information such as Open / Close Time, Directions, etc.

New Updates Of PhonePe App:-

          A few days ago, many good features have been launched in the PhonePe app. To know about those features,

1) Now you can sign in directly on your phone screen to invest in tax saving funds. You do not need to go to the PhonePe application.

2) You can learn more about the autoplay feature through the tutorial on the PhonePe application.

3) By opening any "Application" on PhonePe and you can find the best offers inside.

4) You can view transactions between you and your contacts and see the history on the contact page.

5) Now you can apply to buy IPO using your PhonePe UPI ID.

6) PhonePe Switch: You can book, order, and shop on your favorite app without downloading. You can enjoy 50+ apps, special offers, fast and secure payment in one place.

7) Now you can make such a setting by informing about new versions of the app on the homepage.

8) You can save any mobile number on the transaction screen.

9) You can enable your location and find the list of billers in your state and make your payment easily.

How To Pay From Debit/Credit Card ?:-

          The process of making a payment by debit or credit card on PhonePe App becomes much easier because you do not have to enter card details every time you make payment.

          You can save the debit/credit card by following the steps,

Click on the 'My Money' option that appears on the dashboard. After that, you have to click on 'Debit/Credit Card'. Then click on 'Add new card'. Herer adds your card details, validity, and registration of CVV. You will receive an OTP (One Time Password) on your registered mobile number. You have to enter OTP and click on Confirm.

          Saving the card details are not mandatory. You can pay on a PhonePe without saving your debit or credit card.

          To save a new debit or credit card in PhonePe App, you have to pay two rupees. This amount comes back to your account very soon. If you accept Debit/Credit Card Service on PhonePe then is assured that the details of the card will be saved in a secure encrypted format, which is compatible with PCI-DSS.

KYC: -

PhonePe KYC

          KYC stands for your customer and refers to the various norms and regulations issued by RBI, under which PhonePe needs to obtain personal identification details before distributing any services. KYC documents can be requested for the continuous use of the PhonePe Wallet.

• How To Use PhonePe ATM?

My QR Code: -

          The QR code is a barcode that is read by a smartphone. The 'My QR Code' on PhonePe App is used to get payments from other PhonePeapp users.

         To open My QR code in PhonePe app, follow the steps given below: -

           You have to tap on your profile picture. And you have to click on 'My QR Code'. The QR code displayed is yours and can be shared with other PhonePe users to receive payment via the share button.

➥How To Pay Through QR Code?:-

           You have to tap the QR code icon on the phone screen of the phone. Select the QR code obtained from the Image Gallery or scan the QR code directly. Enter the amount to be paid. And later you have to choose the mode of payment and preferred bank account. And finally, click Send. Enter BHIM UPI PIN and click submits.

What Is The PhonePe Keyboard?:-

PhonePe Keyboard

          PhonePe offers you a keyboard feature. PhonePe Keyboard is a secure keyboard that helps you to quickly and easily use your phone. With this feature, you can use the phone pad whenever you are using the keypad to send a message or browse the web.

          With the enabled phone keyboard, you can send money to your contacts, request money, check your bank balance, and invite your friends to use the PhonePe App. To authorize any transaction, you only need to enter your UPIN PIN. Now, phone keyboards are only enabled on Android devices.

➥How To Enable & Disable The PhonePe Keyboard?:-

1) Enable PhonePe Keyboard: -

          You must click on your profile picture on the top left corner of the PhonePe app's homepage. You have to click on the PhonePe keyboard. Later you have to click to enable the phone keyboard. A pop-up window will open in front of you and display a list of options. You have to choose the phone logo from the display option.

2) Disable PhonePe Keyboard: -

          Choose your language in the system and go to in your phone settings and click on input keyboard management and disable the phone keyboard.

What Is BHIM UPI PIN?:-

          BHIM UPI PIN is a unique 4 or 6 digit code or password, which is required to be set up for any bank account on any app to make payments through the UPI globally. For all payments made through UPI, you must enter your BHIM UPI PIN on the PhonePe App.

          Please do not share your BHIM UPI PIN with anyone. PhonePe or Bank never asks you for BHIM UPI PIN.

When you pay from PhonePe App you have to enter your BHIM UPI PIN for every transaction. And do not share this PIN with anyone.

          Friends, PhonePe is a very popular application in the world of digital payments. That's why today's article, I told you about the features of the PhonePe App. And I'm pretty sure that, you must have liked it. Please subscribe to my blog to read good articles. And meet friends in the next article.