📅 Last Verified: October 2026⚡ Status: Active Offer
Current Referral Reward & Benefits
✓
Instant scratch cards & cashback on first payment
✓
Zero fee on UPI money transfers between any bank
✓
Widest merchant acceptance across India
✓
Convenient recharge, bill payment, insurance & gold buying
About PhonePe
PhonePe (Walmart Group) is India’s largest UPI app by transaction volume, processing over 45% of all national UPI payments under NPCI regulations. It supports banking partners including YES Bank, ICICI Bank, and Axis Bank.
Pros & Cons of PhonePe
✓ Advantages & Pros
Unmatched merchant QR code penetration across all Indian cities and rural towns
Fast, reliable transaction success rates with multi-bank fallback
Scratch cards and rewards unlock directly in your PhonePe Rewards tab
✕ Drawbacks & Cons
Rewards are credited as PhonePe wallet balance or cashback vouchers rather than direct bank IMPS
Referee must execute their initial transaction within a strict 15-day window from installation
Who Should Choose PhonePe?
Users seeking the most widely accepted digital payment application in India with reliable QR scanning and utility cashback.
Eligibility Criteria
Valid Indian mobile number not previously linked with PhonePe on that handset.
Active Indian bank account with debit card / Aadhaar UPI setup.
Qualifying first money transfer made within promo period.
How To Claim the Offer
1
Click [REFER NOW] to download PhonePe from Play Store / App Store.
2
Verify mobile number via SMS and select your bank to fetch account details.
3
Set up UPI PIN using your debit card or Aadhaar.
4
Send minimum ₹1 to any UPI ID or scan a merchant QR.
5
Earn cashback reward / scratch card directly in PhonePe.
Note: Rewards and eligibility are determined by PhonePe upon successful verification. DematRefer does not guarantee reward payouts.
Terms & Conditions
Referee must install PhonePe via the referral link and register a new mobile number.
Referee must link a bank account and make their first UPI transaction within 15 days.
Cashback or scratch card is credited to your PhonePe wallet/gift card balance.
Offer is valid once per referred device and bank account.
Official Website & Terms
Review official offer details and verified terms directly on the provider's portal:
The cashback is credited directly to your PhonePe wallet or PhonePe gift card balance.
The referee must link a bank account and execute their first UPI money transfer within 15 days of installing the app.
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Risk Disclosure: Securities investments carry market risk. Read all scheme-related documents carefully before opening an account or investing.
