- Home
- Money Transfer Apps
- PhonePe
PhonePe
PhonePe · Bengaluru, Karnataka, India · founded 2015
What it is
PhonePe is a free Android and iOS app for digital payments and related services. Users can transfer money to a UPI ID, mobile number, or bank account; the listed transfer speed is instant, and transfer tracking and scheduled transfers are available. The app also supports scanning and paying, balance checks, utility bills, and recharges for mobile, DTH, FASTag, Google Play, and Apple Store balances. Beyond payments, PhonePe offers insurance, lending, wealth services, and travel booking for flights, hotels, cabs, metro, bus, and train travel. Its international UPI option supports payments at select merchants in Singapore, UAE, Nepal, Sri Lanka, Bhutan, and Mauritius. PhonePe also serves merchants with offline acceptance through SmartSpeakers, QR codes, and EDC machines, and online payment links and a gateway. The gateway supports UPI, credit and debit cards, and net banking, with Shopify and WooCommerce integrations listed. Its Standard Plan is listed as “Free*” with zero setup and annual maintenance fees; enterprise pricing is custom for high-volume businesses. PhonePe was founded in 2015 and is headquartered in Bengaluru, Karnataka, India.
For and against
For
- Transfers are listed as instant
- Transfer tracking and scheduled transfers are available
- Supports bill payments and multiple recharges
- Available on Android and iOS
Against
- International UPI is limited to select merchants in listed countries
- Enterprise gateway pricing is custom
The verdict
PhonePe combines consumer payments with bill, recharge, travel, and financial services, and also lists merchant payment options. The breadth of services may appeal to users who want payments and related tasks in one app.
Who it suits
PhonePe suits people seeking mobile payments, bill payments, and recharges in one app. Merchants may also find its listed offline acceptance options and online payment gateway relevant.
Plans and prices
Standard Plan
Zero hidden charges · Zero setup fee · Zero annual maintenance fee · *T&C Apply
Read 3 Oct 2026 · phonepe.com
Enterprise Plan
Personalised pricing plans for high-volume businesses · Priority onboarding · Dedicated account manager
Read 3 Oct 2026 · phonepe.com
On the record
- App availability
- PhonePe describes its consumer app and PhonePe for Business as apps and provides an app download page.phonepe.com · read 3 Oct 2026
- Company history
- PhonePe says it was founded in December 2015 and that its app went live in 2016.phonepe.com · read 3 Oct 2026
- Digital payments
- PhonePe lets users transfer money, scan and pay, check balances, manage payment needs, and pay bills.phonepe.com · read 3 Oct 2026
- Upfront fee display
- Yesphonepe.com · read 20 Sep 2026
- Financial services
- PhonePe offers financial services including insurance, lending, and wealth, alongside its digital payments platform.phonepe.com · read 3 Oct 2026
- Gateway compliance
- PhonePe says its Payment Gateway complies with PCI DSS standards.phonepe.com · read 3 Oct 2026
- Gateway pricing
- The pricing page lists a Standard Plan as “Free*” with zero setup and annual maintenance fees, and Enterprise pricing as custom for high-volume businesses.phonepe.com · read 3 Oct 2026
- Gateway reporting
- PhonePe PG says its dashboard provides detailed reports and real-time analytics.phonepe.com · read 3 Oct 2026
- Gateway tools
- The gateway page lists payment links, UPI AutoPay, standard checkout, international payments, dynamic QR, device tokenization, and quick checkout.phonepe.com · read 3 Oct 2026
- International UPI
- PhonePe says users can make UPI payments at select merchants in Singapore, UAE, Nepal, Sri Lanka, Bhutan, and Mauritius.phonepe.com · read 3 Oct 2026
- Merchant audience
- PhonePe offers offline payment acceptance through SmartSpeakers, QR codes, and EDC machines, as well as gateway and payment link options for online businesses.phonepe.com · read 3 Oct 2026
- Merchant gateway
- The PhonePe Payment Gateway supports UPI, credit and debit cards, and net banking, and its pricing page names Shopify and WooCommerce integrations.phonepe.com · read 3 Oct 2026
- Mobile platforms
- bothphonepe.com · read 20 Sep 2026
- Payments and recharges
- Users can send money to a UPI ID, mobile number, or bank account, pay utility bills, and recharge mobile, DTH, FASTag, Google Play, and Apple Store balances.phonepe.com · read 3 Oct 2026
- Recipient methods
- bankphonepe.com · read 20 Sep 2026
- Scheduled transfers
- Yesphonepe.com · read 20 Sep 2026
- Security
- PhonePe says transactions require fingerprint or face ID, UPI PIN, and password authentication, and that its security teams monitor transactions in real time for suspicious activity.phonepe.com · read 3 Oct 2026
- Transfer speed
- instantphonepe.com · read 20 Sep 2026
