PhonePe is hybrid(UPI + Wallet).It is the best UPI based app available today developed by Flipkart. UI/UX design, vast list of merchants, payment reminders feature make it the best app available today based on UPI. PhonePe is powered by Yes Bank.

How to Install PhonePe

Download and Install PhonePe app from Google Play store/Apple App Store. PhonePe is currently only available for Android and iOS users.


  • All UPI features which are in BHIM.
  • Check your bank account balance instantly.
  • Recharge your mobile, DTH, etc.
  • Pay your utility bills
  • Pay your Insurance premium
  • Withdraw your wallet balance into your bank account
  • Payment Options

  • Linked Bank account over UPI
  • PhonePe wallet
  • Debit / Credit Card
  • Transaction Limits

  • For Wallet transactions: New RBI guidelines cap your monthly wallet top-ups to Rs. 20,000 and a maximum per transaction limit of Rs. 10,000.
  • For Bank account transactions (UPI): Same limits as enforced by your bank for UPI transactions.
  • For Credit/ Debit card transactions: Same limits as enforced by your card issuer/ bank.
  • For wallet balance withdrawal: You can withdraw upto Rs. 5000 from your wallet balance into your bank account per transaction.
  • Useful videos

    Adding Bank Account
    Pay by PhonePe
    Set/Reset by UPIN

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