I find PhonePe perfect for my individual and business usecases.
Rating: 6 out of 10
IncentivizedUse Cases and Deployment Scope
Most likable modes to transfer payments and funds to friends and relatives. Plus the PhonePe wallet is one added advantage over other UPI apps. If you want to do a mobile recharge, a d2H recharge, an electricity bill, or pay at any shop, you can either pay directly through your linked PhonePe bank account or you can load the wallet monthly or weekly and spend that amount. Apart from these regular transactions, you can opt for numerous vendor services directly through this PhonePe app.
Pros
- You get the benefit of Wallet with PhonePe, lets you send payments very quickly.
- With PhonePe, you can add several bank accounts and effortlessly handle all of them via same account.
- The app is rewarding which means you get a scratch card every time you pay.
- Good customer service so that you can quickly solve any problems you face using the apps.
Cons
- Like GPay, you dont have the option for secure login using PIN or password.
- Sometimes your transaction gets stuck in between for long duration, so that's a technical bug with this app.
- if you are booking your travel tickets with PhonePe and in case you cancelled it. Then you wont get any refunds for that.
Likelihood to Recommend
Primary benefit is hassle-free payment to the merchant. You can purchase both online and offline without using cash to make the payment. Simply scan the QR code using the Phonepe app on your smartphone to make a payment into the merchant's account. And as said, its rewarding, you surely get a scratch card on every transaction that may either offer you cashback or a discount code for some vendor site shopping.
AV
Aishwarya Varshney
Infrastructure Engineer in Information Technology at American Express (10,001+ employees)
Vetted Review
4 years of experience