Can we add money from credit card to phone pay?

Can You Add Money to PhonePe Using a Credit Card?

Overview:

PhonePe is a popular mobile payment platform in India that allows users to make payments, transfer funds, and perform various financial transactions. It offers a range of funding options, including bank account transfers and debit card payments. However, until recently, adding money to PhonePe using a credit card was not possible.

New Feature:

In an effort to provide users with greater convenience and flexibility, PhonePe has introduced a new feature that allows you to add money to your PhonePe balance using a credit card. This feature is available through linked digital wallets.

Steps to Add Money from Credit Card to PhonePe:

To add money to your PhonePe account using a credit card, follow these steps:

1. Link a digital wallet to your PhonePe account: PhonePe supports linking various digital wallets such as Google Pay, Paytm, and Amazon Pay. Choose the wallet you want to link and follow the instructions provided by PhonePe.

2. Initiate a transaction through the digital wallet: Open the linked digital wallet and initiate a transaction to add money to your PhonePe balance. Select the “Add Money” option and enter the amount you wish to add.

3. Choose your credit card as the payment method: When prompted to select a payment method, choose your credit card. Enter the necessary credit card details, including the card number, expiry date, and CVV.

4. Complete the transfer: Review the transaction details and confirm the payment. The amount will be instantly added to your PhonePe balance.

Note:

Please note that some digital wallets may charge a small fee for using a credit card to add money to external accounts. It’s advisable to check the fees and terms of your specific digital wallet before initiating the transaction.

Conclusion:

The ability to add money to PhonePe using a credit card provides users with an additional convenient and flexible option for funding their accounts. By linking a digital wallet to PhonePe and following the steps outlined above, users can easily transfer funds from their credit cards to their PhonePe balance and enjoy the benefits of seamless payments and financial management.