How to activate PhonePe Wallet on Flipkart and Myntra

Flipkart, Indias largest Ecommerce enterprise has launched its own digital wallet, PhonePe. Built on the platform of Unified Payment Interface (UPI), PhonePe lets you transfer funds instantly without even loading your PhonePe app with money. Thats right, unlike other digital wallets, where you are required to load money first in the wallet, to be able to use it for transactions, with PhonePe you can directly use the money on your bank for payments.

In fact, Flipkart also announced that Myntras My Cashback feature would be converted into the PhonePe wallet. Currently, only available for Android users, PhonePe will soon be launched for iOS and other operating systems as well.

All the useful features of PhonePe

• Loading the PhonePe wallet with money isnt required once your bank account is linked to the app
• All refunds and cashbacks will be credited to the PhonePe wallet
• You can withdraw the balance in the wallet to your bank free
• You can also use PhonePe wallet to transfer funds between two bank accounts and to other digital wallets
• You can as usual pay utility bills, recharge mobiles, and DTH connections, fund transfer, and even shop online with PhonePe
• In fact, you can even split bills at a restaurant or elsewhere using PhonePe

PhonePe app also has a special feature through which you can split a bill among your friends and instantly pay them back. Here is how you can do it:

1. Select Split a Bill in PhonePe Wallet
2. Choose the person you want to split the bill with from the contact list in your phone
3. Enter the amount you want to request from your contact
4. Click on Split a Bill

In split-a-bill feature, the transaction will be outstanding until paid in full. You will, however, receive a notification when the money is transferred to your PhonePe Wallet.

How to activate PhonePe on Flipkart

You can activate PhonePe app in your Flipkart account by following the below procedure:

1. Login to your Flipkart account
2. Go to My Account and click on Wallet
3. Click on Activate Now and Verify your mobile number
4. Enter the required details
5. Set a 4-digit password and click on Activate
6. Now click on Create New VPA
7. Link the preferred bank account with the app and the latter will automatically seek the necessary details
8. Confirm the bank details fetched by the PhonePe app
9. You are ready to start using the app for transactions

How to activate PhonePe on Myntra

Follow the below process to link PhonePe app on Myntra:

1. Login to your Myntra account
2. Click on My Account and navigate to PhonePe Wallet
3. Click on Add PhonePe Account
4. Sign in with your PhonePe account details to link it with Myntra

You can store a maximum of INR 10,000 in your PhonePe wallet and if you wish can withdraw a maximum of INR 5,000 anytime to your bank account.

1. Click on My Account under PhonePe Wallet app
2. Click on WIthdraw Balance
3. The amount will immediately reflect in the bank account linked to PhonePe app

With the launch of PhonePe with features like wallet to bank account transfer and split-a-bill, cashless transactions are becoming incredibly convenient and risk-free. You can keep your credit and debit cards away and install PhonePe for secure transactions anytime and anywhere.