PhonePe - Get 50% Cashback On Your First PhonePe UPI Transaction + Refer & Earn Rs.50

Hope you know about Phonepe UPI. Now phonepe offers 50% cashback on your first phonepe upi transaction. You can get upto rs.100 cashback on your first phonepe upi transaction. This offer is only valid for new phonepe users. You can also earn rs.50 when you refer a friend to phonepe. Maximum daily and weekly referral will get extra prices. Follow below mention steps to know more.

Steps To Grab This Offer


● First Install Phonepe App Click Here
● Verify Your Mobile Number Which is linked with your bank account.
● Set Wallet Pin
● Create VPA & Set UPI PIN

Get Started With PhonePe App - Full Details Here

● Initiated your first transaction For Rs.200 to get maximum cashback
● Type UPI pin & complete your first transaction

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PhonePe Refer & Earn

Refer your friends to phonepe upi app & earn rs.50 for each refer. You can also earn rs.15000 if you are a maximum number of daily referral & rs.50000 if you are a maximum number of weekly referral.

How to refer?

1. First Open Phonepe app
2. Goto Option
3. Click on invite
4. Copy your unique refer link & share with your friend.

Prizes Details

Daily Winner -

1st Runner Up - Rs.15,000
2nd Runner Up - Rs.10,000
3rd Runner Up - Rs.5,000

Weekly Winner -

1st Runner Up - Rs.50,000
2nd Runner Up - Rs.40,000
3rd Runner Up - Rs.35,000

League Winner -

1st Runner Up - Rs.2,00,000
2nd Runner Up - Rs.1,50,000
3rd Runner Up - Rs.1,00,000

Terms & Conditions

1. When an invited user sends money through UPI on PhonePe for the first time, invited user gets 50% Cashback (up to ₹ 100) and the inviting user gets ₹ 50 Cashback.
2. Invited user means having one who has clicked on referral link and opened the PhonePe app.
3. The send money transaction for the invited user has to be to a PhonePe user only, sending money to bank accounts will not be eligible for this offer.
4. The send money transaction for the invited user must be the first ever UPI transaction of the user on PhonePe.
5. The invited users will get the cashback for first UPI send money transaction only once . This will also be limited to once per Smartphone and once per bank account.
6. The Cashbacks will be credited to the PhonePe Wallet within 24 hrs.
7. A successful referral is when an invited user successfully completes a transaction as per the above conditions PhonePe 20-20 League contest starts on 5th April 2017 (from 19:00:00 hours) and goes on till 21st May 2017 (till 23:59:59 Hours) and all prizes will be given through PhonePe cashback or through bank transfers as required.
8. Daily winner with the highest number of successful referrals will win ₹ 15,000, the first runner up will win ₹ 10,000 and the second runner up will win ₹ 5,000.
9. Weekly winner with the highest number of successful referrals will win ₹ 50,000, the first runner up will win ₹ 40,000 and the second runner up will win ₹ 35,000.
10. The bumper prize winner with the highest number of successful referrals over the offer period will win ₹ 2,00,000, the first runner up will win ₹ 1,50,000 and the second runner up will win ₹ 1,00,000.
11. Daily winners will be picked based on number of successful referrals within a calendar day (from 00:00:01 Hours to 23:59:59 Hours).
12. Weekly winners will be picked based on number of successful referrals in the week, with the week starting from Monday and going on till Sunday - the first week will be from 5th April 2017 to 9th April 2017 and the weekly prize money will be prorated for this duration.
13. Bumper prize winners will be chosen based on number of successful referrals over the offer duration.
14. In case of a tie on number of successful referrals, the winner will be decided based on the user who reached the number first, and in case all users reached the same number of successful referrals at the same time, the prize amount will be split across the tied users.
15. Winners will be announced on the next day by 4 pm.
16. PhonePe has the right to disqualify a user from participating in the PhonePe 20-20 League if the user engages in any fraudulent practices.
17. Prize money will be given to the winner after all necessary deductions as per laws and regulations.
18. Prize money for PhonePe 20-20 League will be given to a user within 7 working days of announcing the prize.
19. PhonePe has the right to amend the terms & conditions, end the offer, or call back any or all of its offers without prior notice.
20. In case of dispute, PhonePe reserves the right of final decision on the interpretation of these Terms & Conditions.

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