Download, Install PhonePe App: Send Rs. 1 and get Rs. 50 Cashback

Phonepe app has come come up with a offer that can give you Rs. 50 cashback on sending Rs. 1 to any of your friend. Here we will be discussing in detail about how to download, install PhonePe app and get Rs. 50 cashback on sending Rs. 1 payment. PhonePe is a trusted app that has the potential to become future payment portal of India. This offer is valid for new users only and is limited to Android versions only. In recent time we have seen many signup/refer type schemes from many apps listed on Google Play Store. First we saw Picturesque offer, then offer from UC News App (Rs. 5000 bank transfer) and now the cashback offer from PhonePe.

This is one time offer only and is limited to UPI payments only. UPI is a new way of making bank transactions through registered mobile numbers. It is the future and almost all major banks in India have adopted it by now. In order to avail Rs. 50 cashback from PhonePe, you will need to activate UPI in your bank account. Please get in touch with your bank officials or do let us know if you need any help regarding same.

PhonePe App
PhonePe App

How to get Rs. 50 cashback by sending Rs. 1 to friend on PhonePe using UPI


Follow below procedure to get Rs. 50 cashback on the offer:
  1. Download the PhonePe app from Google Play Store (simply search it, you will get it easily)
  2. Install it simply like any normal app, complete the signup process and verify your number through OTP
  3. In order to initiate the bank transaction please make sure to have UPI integrated with your bank account already. You won't be able to use it without UPI
  4. Select the bank account where UPI is enabled
  5. Initiate Rs. 1 money transfer and pay through your Rs. 1 transaction and pay using UPI. Please make sure that it is your first UPI transaction, as otherwise cashback won't be available

This is how you can avail Rs. 50 cashback by sending Rs. 1 payment to any other mobile number registered on PhonePe or to any VPA created using PhonePay (with address @ybl)

Terms and Conditions

You need to take care of below points for successful cashback.

  • Offer is valid for first UPI transaction only
  • Only new users are allowed to participate
  • Offer will expire on 23:59 hours on 24th December 2016. It is limited to first 1 million UPI payments only
  • PhonePe has all rights to modify any terms and conditions at any point of time
  • Cashback will be done within 1 working day
  • Users will have to send Rs. 1 payment only to other registered mobile number or VPA created through PhonePe. You can't send Rs. 1 to bank account using IFSC and bank account number.
  • It is limited to Android users only. iOS and Windows users might need to wait for few more days/weeks (or it might never land there)
About PhonePe

PhonePe is an app introduced by Flipkart Group Company that uses Unified Payments Interface (UPI) for serving all payment needs. It is completely safe and provides secure environment for making money transactions. It allows users to have a digital wallet that can be recharged online like any other wallet (offers and promo codes will be there). Below are some highlighted features of PhonePe app:

  • Send and receive money instantly to any mobile number in the contact list (provided they to have UPI accounts)
  • Recharge prepaid/postpaid mobiles, datacard, DTH etc
  • Electricity bills, gas bills and other services can also be accessed through it
  • Split bills between users (useful if you share your bills)
  • Shop on FlipKart
This is all about Signup Offer from PhonePe where you can get Rs. 50 direct cashbak on sending Rs. 1 to any friends registered on PhonePe. Please let us know if you need help on any point.