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Phonepe Wallet : Send Money From Phonepe Wallet To Bank Account

Send Money From Wallet To Bank 

It is very easy to send the Phonepe wallet money to the bank account. There are some simple steps needed to perform to send the money to bank account. Whenever you got money into your phonepe wallet through any online transaction and you are not getting into your bank account because of the phonepe policy. You can not send money to your bank account directly. Only one alternative way, that will help you to send money.

If you have money in your phonepe wallet, you have to buy some shares of gold from the phonepe and you have to sell that gold. On buying, it cut 3 to 4 percentage of GST but during selling, you have not to pay anything. In another words, when you buy gold, you have to pay some percentage of taxes and on selling there will not be any charges. The total amount will be transfer into the bank account.

Steps Required:-

  • First You have a phonepe account, You can login with your registered mobile number that is registered with your bank account. 
  • Go to the My Money in the bottom of the application, click on that it will refer to a new page from where you can buy gold.
  • There is a gold option on the middle right of that page, click on it and buy some share as much money in your phonepe wallet.
  • After successful transaction of gold, go to the same gold page and sold as much you brought.
You will get money into your bank account instantly or within 2 days. This is a simple process, if you do not want to lose any taxes that already applied on buying the gold, you can keep share of gold for some days and you can sell when you achieved your net amount. 

About Phonepe Online Business:-

  • Becomes 1st UPI based app to cross 10 million app downloads
  • Rated the #1 Finance App on Apple App Store & Google Play Store
  • Emerges as the largest driver of UPI transactions nationwide
  • Hits 1 million app transactions in a day
  • Launches Micro-apps on the platform
  • Wins the NPCI award for excellence as a BHIM UPI Merchant
  • Crosses 1 Billion transactions on the app
  • Crosses 2 billion transactions on the app
  • Wins the ‘Best Mobile Payment Product or Service’ at the 9th IAMAI India Digital Awards.
  • Ranks amongst Top 10 most trusted Digital Brands in India by Brand Equity

This is all about the Phonepe business, it is the largest online platform to transfer money through mobile/phones. It uses high security for their platform, anyone can easily transfer money from one bank account to another bank account.
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