Phonepe is Flipkart owned wallet which is currently competing with Paytm. If you are new to phonepe and don’t know how to transfer phonepe wallet cashback to your bank account. Then you just landed in the right place. I have mentioned steps in detail so that no matter if your a merchant or phonepe user you can easily transfer funds in 5 simple steps. As you all know the app is very light and works without lagging like other apps. The app has been integrated with so many features like UPI, Scan & pay, Bank transfer etc.
Currently, all app-based companies are trying to push the UPI feature and let me tell you according to survey phonepe app has performed very well in this sector. In order to promote UPI feature, the company has already made some cashback offers so you can earn some cash back. So without wasting time let us discuss 5 simple steps to transfer wallet money.
Transfer Money From Phonepe Wallet To Bank Account
Steps 1 Wallet Top-up
- Download and Install the Phonepe App (If Not)
- Register or Sign into your account.
- On the main screen select Wallet top-up option. (See Screenshot)
- Add your bank account or add from debit cards.
- Enter your card details or Pay through UPI.
- Complete the Payment.
- The money will be credited to your wallet immediately.
How To Do Wallet To Bank Transfer
- Open the Phonepe App.
- Select the “Bank Transfer” option.
- Add bank details
- Enter the amount to be transferred.
- Click on “transfer” to complete the transaction.
- That’s it, the money will be credited within 24 hrs.
Wallet To Merchant Money Transfer
- Sign in to the phonepe app.
- Select the “Scan & Pay” option on the homepage.
- Choose “POS” or “Scan QR code” to start the payment process.
- You will receive a message on phonepe.
- Agree to the transaction and enter the amount.
- Complete the transaction through the Phonepe wallet.
Tips To Transfer Wallet Money Into Bank Account
- You can use social media to convert your phonepe cashback for example if someone is looking to buy something or pay a bill. You can provide an offer in order to convert your wallet money into real cash.
- Phonepe wallet money is very useful you can buy anything from Myntra or Flipkart. Apart from this, the app can be used across various platforms.
Recommended: Phonepe Refer And Earn ₹ A-Z Guide Trick to earn money.
If you have any problem in using the application you can connect with the customer care. If there is anything which is not clear to you. Just write it in the comment section.