After government has launched UPI facility in April, many banks have released their own UPI apps. Many non-bank UPI apps are also available. One of them is PhonePe app by Flipkart. PhonePe app is the India’s first UPI based payment app launched by the e-commerce giant Flipkart.
Flipkart made a partnership with Yes Bank to facilitate UPI in PhonePe app. It is one of the fastest UPI app till now. PhonePe app can be used for making everyday payments like utility bills, mobile recharge, and also you can easily send or receive money from your friends and family. You can also check your bank balance through PhonePe app.
Features of PhonePe:
PhonePe app has a vast range of features. The best one is UPI support, it is not limited to send and receive money, you can use it as a wallet and you can pay for many services like bills, recharge and also insurance premiums. It also supports languages like English, Tamil, Hindi, Marathi and Bengali to make your daily payments and money transfers easier.
Its clean UI makes an ease to the users, without roaming through the app you can find all linked services easily, as all of the services are listed on the home screen. You get guided on every step, making transactions easy. The service is reliable, the transactions are faster than other UPI apps we have tried, the app is taking no time to take you to the cleanest UI and let you enjoy the services.
The app provides a double layer security to all users. The one is a mobile number and second is MPIN. On installing the app, you have to authenticate your phone number first and then you have to set MPIN. The security may lead to haze to the users because on removing the simcard the app will stop working and also you can’t change your phone. The app will only work if the sim card is in the phone where you have registered it. Also, you are safe even if you have lost your phone because, transactions are restricted without MPIN, so don’t share your MPIN to anyone.
Highlights of PhonePe app:
– Send money to your contacts and bank accounts.
– Request money to VPAs and contacts.
– Recharge mobile to all operators, recharge datacard and DTH.
– Pay Insurance premiums directly form wallet.
– Pay gas, landline, electricity and broadband bills.
– Pay at stores who have UPI facility.
You can send money to anyone without knowing their account number, you just need their phone number. This feature is only available if the next person have UPI wallet app installed or the transaction will fail.
Those who have stores, you can generate your QR code and receive payments at a single click, while in other app this feature is not available, this is a great advantage for small vendors and shopkeepers. This app is available in languages like Hindi, Bengali, Marathi and Tamil.
After trying all other UPI apps and mobile wallets such as PayTM, freecharge etc, i can conclude that PhonePe is one of the top payment app in India with more than 1 million installs and good ratings on google playstore. The app have amazing features which is barely seen in other apps with native language support.
What is your view about PhonePe app? Do share your experience in the comment section.