PhonePe Offer: When you do your first-ever UPI transaction on the PhonePe App, you will gets 50% Cashback (up to 150).
This offer has started on 19th April 2017 and will be valid till 21st May 2017.
Read More: How to get started with PhonePe app.
How to get 50% Cashback on First UPI Transaction
- Download: Download the app from Google Play Store and Apple App Store.
- Verify Mobile Number: After downloading the app, open the app and verify your mobile number (your registered mobile number should be the same as the one registered with your bank account).
- Details: Enter your name, email address and set your 4-digit password and activate your wallet.
- Virtual ID: Tap on Create New Virtual Private Address (VPA).
- Link: Link your bank account to the app by selecting your bank and the app will automatically fetch the details.
- Confirm: Confirm your bank details and start using the app to send or receive money or transact online with ease.
- First UPI Transaction: Now, initiate your first-ever UPI Transaction Minimum 100. You can either do recharge, bill payment or transfer or send money. Complete the payment via linked Bank Account (UPI Transaction).
- 50% Cashback: Instantly, you will get 50% Cashback upto 150 in your wallet on completion of transaction. Once you will get cashback you can transfer into your Bank account.
PhonePe Offer is valid for only
- Send money transactions using UPI to other PhonePe users.
- If a transaction is done with payment through UPI on the PhonePe app in the following categories provided on the PhonePe app – Mobile, Datacard, DTH, Broadband, Electricity, Landline, Insurance and Gas.
Read More: Everything about Unified Payments Interface (UPI)
Transfer Cashback on your UPI-linked Bank A/C
- Now click on Menu than Click on Wallet Balance.
- Now click and hold on PhonePe wallet & drop on your Bank Icon.
- Finally, you will get cashback in your bank account.
Points to Remember
- Offer is not valid for users who have made a UPI payment using PhonePe on partner applications.
- This offer will be valid once per user and once per Smartphone and once per bank account.
- The Cashbacks will be credited to the PhonePe Wallet within 24 hrs.
- This offer cannot be clubbed with any other offers or cashback such as PhonePe 20-20 League.
Read More: PhonePe live on iOS!
Terms & Conditions
- Offer is not applicable for users where the first UPI transaction is done on a partner/merchant (application/website) which has integrated PhonePe as a payment option.
- PhonePe has the right to amend the terms & conditions, end the offer, or call back any or all of its offers without prior notice.
- In case of dispute, PhonePe reserves the right of final decision on the interpretation of the Terms & Conditions.