(Full Process) How To Create PhonePe Merchant Account

Create PhonePe Merchant Account

How To Create PhonePe Merchant Account?

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Friends, till now you can earn Rs 100 cashback by participating in Refer & Earn program and doing online recharge, bill payment, money transfer, etc, but if you are expecting more, then create a PhonePe merchant account and earn lots of money.

What is PhonePe Merchant Account?

The PhonePe merchant account gives freedom to all small and large merchants to accept payments through which any user can make payments directly to any merchant from their favorite app. Fonepe for Business removes problems related to money transfers and also promotes digital payments.

How To Create Merchant Account in PhonePe?

• First, you need to install the PhonePe For Business App.
• Open it and click on the Sign-Up tab.

• Enter your Full Name & Mobile number.
• After verification, you’ll be added under the PhonePe Self Onboard merchant.
• Click ‘Continue Registration’ to proceed.

• Now drag the map to show the location.

• Add some business details like name & category.
• Select your bank and wait for verification of the mobile number and linking your bank account.
• Congratulation! Your PhonePe Business account is now active.
• Now click on ‘Continue to Dashboard’.

• Congrats! Now you can start receiving money using the generated QR Code.

Check Must: PhonePe Scan and Pay Offer | 100% Cashback on First Transaction

 

How To Get PhonePe Merchant QR Code Online

1. Login to your PhonePe Merchant account.
2. Verify your mobile number through OTP.
3. Go to under Profile section and Click on Manage QR Codes.
4. Click on View QR & download it in PDF format.

 

Top 5 Benefits of Phonepe Merchant Account

1. PhonePe supports payments via all (70+) BHIM UPI apps:

PhonePe for Business supports more than 70 BHIM UPI apps to accept payments. Users of any BHIM UPI app can make merchant payments using their preferred app.

2. Real-time Transactions and Payments Tracking:

Businesses can track their transactions and payments on a real-time basis using their PhonePe for Business dashboard.

3. No Daily Limit of Money Transfer:

PhonePe for Business understands what a growing business needs. There is no limit on the amount of money that can be transferred to your bank account.

4. Direct Settlement into Your Bank Account:

Money is transferred directly into your bank account either instantly or within 1 day. There is no intermediate wallet.

5. Supports All Payment Methods (BHIM UPI, Credit Card, Debit Card, Wallets):

The PhonePe for Business app supports all payment methods like BHIM UPI, Credit Card, Debit Card, and Wallets., You can start accepting payments from millions of BHIM UPI app customers instantly, irrespective of the size or scale of your business.