PhonePe - a Flipkart group company has been giving a lot of offers. You must have used 100% cashback offer and now it is back with another offer for new users where they get Rs 50 cashback on just sending Re 1 to some other PhonePe registered number. So in case, you have not used this app yet, this is the best opportunity to earn Rs 50 for almost free.
This Offer is applicable only when amount is paid through UPI linked bank account. UPI Linked bank account is nothing but account you link to PhonePe app through mobile number.
Thanks to Shivam who informed us of this offer.
How to get Rs 50 cashback on your first UPI transfer ?
1) Download the PhonePe app from here-
2) Open it and select the language you are convenient with and click on continue.
3) Read all the slides carefully as they contain useful information and click next until you see "LETS's START" option and click on it.
4) To sign up, Click on "SEND SMS" button. Registered users can sign in (at the bottom)
For Dual - Sim phones, to register with secondary mobile, they provided another option just below it. You can avail it by clicking on "CLICK HERE"
5) Now a message is displayed saying "Please wait till the mobile number verification is complete", so wait for it.
6) After successful information, you will you will find your name and mobile number, you can edit the inform, if you feel it is not coorect.
7) Now set a password in "SET PASSWORD" box and click "Activate"
8) Now it asks to Create New Virtual Payment Address ( VPA ), create it. click on "CREATE VPA NOW"
9) Now Select your Bank to which your phone number is linked and they will fetch all your details and display your branch name, ifsc, and even the account number on the top
10) Now you will find a message in red saying "6 digit MPIN required"
You are required to set your MPIN to link your bank with this app
11) Now click on "SET MPIN" and a popup is displayed.
12) The popup asks you to link your debit card and for that fill the required info....Just enter the last 6 digits of you debit card and then the expiry date of your debit card linked with the account.
13) Now click verify. Now a message is displayed something like bank is verifying your information, an OTP is sent to your associated number and a new window is opened
14) Enter the OTP, Set a 6 digit MPIN and then click submit.
15) That's it.....all the headache is over and now you will get a green message saying that "6 digit MPIN exists" and you can find the home screen.
16) Ooh....please don't ask me to explain how to do a recharge. :P
17) Initiate a transaction worth Re 1 or more to some mobile number which has UPI Bank Account added to the PhonePe App.
Money transfers will be eligible only if money is sent to another Mobile number or @ybl VPA.
18) At the bottom, you can find your bank account along with the debit card associated.
19) Now it asks you to enter the MPIN and do it.
20) You will soon receive Rs 50 cashback in PhonePE wallet which can even be transferred to your bank account.
Enjoy !!
Terms & Conditions:
1) Offer will expire on 23:59 hours on 24th December 2016 or restricted to first 1 million successful transactions on PhonePe whichever comes first.
2) Valid only for first time users on PhonePe.
3) Offer is valid only once per Android Phone.
4) Offer is applicable only on making a successful transaction of minimum ₹1 via your UPI Linked bank account.
5) Offer is valid only if you send money to other PhonePe users on their mobile number or their @ybl VPA (Virtual Payments Address, an UPI identifier).
6) Please note that offer is not valid for direct money transfer to other bank accounts using the beneficiary’s bank account and IFSC code, or external VPAs (other than a @ybl VPA).
7) Cashback will be credited into your PhonePe account within 1 working day.
8) PhonePe reserves the right to either extend or withdraw the offer anytime without prior notice.
9) PhonePe reserves the right to amend the terms & conditions of the offer without prior notice.
10) In case of dispute, PhonePe reserves the right of final decision on the interpretation of these Terms & Conditions.
11) These Terms and Conditions shall be governed by the laws of India. Any disputes arising out of and/or in connection with this offer shall be subject to the exclusive jurisdiction of the Courts in Bangalore only.
Ques:- Will I qualify for this offer, if I send money to a beneficiary’s bank account by entering their bank account # & IFSC code?