PhonePe App Loot – Send Rs 1 to Friends and Get Rs 50 Cashback (new users)

PhonePe App Send Money offer – Send Rs 1 to Friends and Get Rs 50 Cashback from PhonePe instantly. Phonepe – a flipkart group company has come up with awesome deal where they are giving Rs 50 Cashback on Sending Rs 1 or more to Phonepe wallet. 
PhonePe is a one stop UPI-based app which can serve all your payment needs, in a safe and secure manner & they are offering Rs.50 cashback if you send Rs.1 to any user. All the details about this offer is given below so, read it carefully & earn unlimited time also. This offer is valid on 1st bank to bank (UPI) Transactions & valid till 24th December 2016.

Send Rs.1 & Get Rs.50 Cashback in PhonePe wallet :

• Firstly Download PhonePe App by Clicking here
• After that, Signup/Login for your account using your mobile number which is linked to your Bank account.
• Now, select “Menu” & then select “Bank accounts”
• Select your bank & set MPIN (Last 6 Digit of your DC/CC) & verify it with OTP
• Then send Rs.1 to your friends or Family member
• If You don’t have a Friend on PhonePe You can Also Transfer Rs.1 to Us : joyousakash@ybl

Note : Send money to that friend whose bank account is linked to phonepe app.

• Pay the amount using your linked bank account (It must be your first UPI transaction)
• Done !! You will get Rs.50 cashback.

Terms & Conditions of 1 Rs. Send money Offer :

• This Offer will expire on 23:59 hours on 24th December 2016 or restricted to first 1 million successful transactions on PhonePe whichever comes first.
• Valid only for first time users on PhonePe & only once per Device.
• Offer is applicable only on making a successful transaction of minimum ₹1 via your UPI Linked bank account.
• Offer is valid only if you send money to other PhonePe users on their mobile number or their @ybl VPA (Virtual Payments Address, an UPI identifier).
• Please note that offer is not valid for direct money transfer to other bank accounts using the beneficiary’s bank account and IFSC code, or external VPAs (other than a @ybl VPA).
• User will receive his cashback within 1 working day.
• PhonePe reserves the right to either extend or withdraw the offer anytime without prior notice.

Frequently Asked Questions :

• Will I qualify for this offer, if I send money to a beneficiary’s bank account by entering their bank account # & IFSC code?

No, offer is valid only for money transfers to a Mobile number or a VPA created using PhonePe app i.e. @ybl VPA.

• Can I avail the offer twice, by registering multiple mobile #s on the same smartphone?

No, this offer is only valid once per smartphone device, so we can distribute the love amongst all our fans equally.

• How safe is UPI transaction?

UPI is a 100% safe and secure banking solution developed by NPCI (with the guidance and approval of the Reserve Bank of India (RBI) and Indian Banks´ Association (IBA)