PhonePe Business: Merchant App 4+

Accept Digital Payments

PHONEPE PRIVATE LIMITED

    • Free

iPhone Screenshots

Description

Sign Up Now! Get Merchant QR Code, Smart Speaker, POS & Instant Business Loan

The PhonePe Business App is your gateway to a digital payments acceptance network spanning 3.8 Crore merchants! You can set up your business account & accept payments, track transactions, receive settlements, apply for a loan & much more.

Once your account is activated, download the payment QR sticker & start accepting payments from Google Pay, Paytm, BHIM, BharatPe, Amazon UPI etc. Order free QR stickers & get them delivered to your store, across India.

Key Benefits of PhonePe Business App

Easy payment acceptance:
Use the PhonePe QR to accept payments from all BHIM UPI apps. The PhonePe QR also supports other payment modes like Credit & Debit Card & Wallets.

Get instant help:
Resolve queries using our user-friendly Chat Bot in the Help section. You can also reach out to our helpdesk on the PhonePe Business app.

Direct settlement into your bank account:
Money is transferred safely & directly into your bank account instantly or next morning. You can also use our ‘SettleNow’ feature to receive money in your bank account any time during the day.

Real-time transactions & payments tracking:
Check your transactions & settlements easily in the History section on the PhonePe Business app.

Get Instant Loan for Merchants:
The PhonePe Business app provides online loans to MSMEs. Get a loan on PhonePe & move a step closer to growing your business.

Merchant Loan Highlights:
- Attractive interest rates with up to 30 months tenure
- Instant digital loan with 0 paperwork
- Online loans from INR 50,000 to INR 5,00,000
- Easy repayment option with EDI - Easy Daily Installments
- EDIs deducted from daily transactions collected via customer payments on PhonePe
- 100% trustworthy loans, offered by RBI-regulated PhonePe lending partners authorized to offer credit products
- Multiple lenders & option to select the best offering at competitive interest rates
- Low processing fees & no other hidden charges
- Daily updates about your Loan on the PhonePe Business app
- Option to foreclose Loan any time

Online Loan Eligibility:

The eligibility criteria for business loans for merchants are:
Accept payments on PhonePe QR for more than INR 15,000 per month
Be an active merchant, accepting payments on PhonePe QR for 3 months or more

*Merchant loans are offered at the discretion of our lending partners & the criteria above may change on a case-by-case basis

Documents required:
Details to be shared are as follows:
- Date of Birth
- PAN
- Aadhaar Number

*Business or Bank account details are NOT needed for loans up to INR 5 lakhs; may change as per our lender policies.

Steps to avail:
- Choose loan value & interest rate
- Enter details such as Date of Birth, PAN, & Aadhaar Number
- Click a selfie, & complete KYC digitally
- Set-up Auto-pay on your account

More about the loan offerings:
- Min. Tenure: 3 months
- Max. Tenure: 30 months
- Max. rate of interest charged: 30% flat p.a.

Example: For total cost of the Loan, including the principal amount & all applicable fees:
- Principal loan amount: Rs. 15,000
- Flat Interest Rate: 18% p.a.
- Processing Fees: 2%
- Tenure: 3 months
Then,
- Total interest amount payable: Rs. 675
- Total processing fee amount payable: Rs. 300
- Total cost to the user: Rs. 15,975

Our RBI registered NBFCs partners
- Innofin Solutions Pvt Ltd
- Aditya Birla Finance Limited
- PayU Finance India Private Limited

Upgrade customer payment experience at your store with PhonePe’s payment devices.

PhonePe POS Device:
Place an order for your POS Device on the app & accept payments via UPI, Debit & Credit Card, Wallet, & other modes. Pay nominal monthly rental & enjoy industry-leading MDR rates. Learn about charges on the App.

PhonePe Smart Speaker:
Order a SmartSpeaker on the app, install it at your store & get instant payment notifications in select regional languages. Surprise customers with payment alerts in the voice of celebrities.

What’s New

Version 0.0.45

Take your business online in a few minutes and reach out to 25 Crore Indians on PhonePe app
- Showcase more information about your store to your customers
- Better controls to allow your staff to manage the store and view transactions easily
- Automatically share QR along with your store page for customers to pay easily
- UI improvements and bug fixes, grow your business, connect with customers and accept digital payments at store.

Ratings and Reviews

3.0 out of 5
1.3K Ratings

1.3K Ratings

Md Pandey ,

Absence of dark theme

Absence of dark theme makes it difficult to use as due to increase in use of digital appliances it has become difficult to use the the application due to eyes strain , it becomes blood shot red after using it ,I hope the developer will look into it, there is dark theme in normal non business phone pe app but it use absent in the busines phone pe app.

P2356 ,

Worst customer service ever

It’s been more than 2 months I have given cancellation request for my POS device due to high charges , they have taken the request for cancellation but yet none of the employees has come to store to collect the device and they are charging me ₹588 ever month. Every time I call customer service they give the same reply “THE ISSEUE IS ESCALATED TO NEXT LEVEL” I recommend NEVER TO BUY POS DEVICE FROM THEM” it’s been more than 2 months for my request of cancellation despite of my request of cancellation they are still charging me ₹588. The worst part is their employee had given my false promises before getting the device (offering in lower prices from the actual prices) . I have all the proof of my conversations with them I wish I had option to upload tat information. I wish I get my device ASAP and get my money refunded.

Developer Response ,

Hi. We're sorry to know that you're awaiting a resolution from the support team on your raised ticket. Please share the ticket ID with us, and we'll work on getting this resolved for you on priority. ∞SA

phonepaysucks ,

Fraud

My 50k is stuck in business phonepay wallet from last month.. when complaints that funds are not getting cleared in the account first they blame icici bank that it’s on hold from bank side.. aftr visiting bank and speaking to customer care they cleared that they haven’t received any amount from phonepay. Now I have to start over again from phonepay people.. then they say it’s stuck from their end I should receive it anytime soon. It’s been 4th week now and amount is just overlapping but still no solution. Had wrote email on help desk with my bank statement screenshots but their help desk helps no one here.. had raised the ticket already but they have closed it without solving what the issue is.. They just promising money will comeback in the account from first week but don’t think they taking this issue serious.
Also tried and spoke to
Customer care executives they are like your money is there but cannot commit when will I get it in my account
I’ll never recommend this app specifically for business .
Thumbs down for the service
#phonepayscam

Developer Response ,

Hi there. We apologize for the delay. We hope the issue is resolved. We also request you to share the ticket ID. If the issue was not resolved and hopefully we can find a way around this and put a smile on your face :). ^JP

App Privacy

The developer, PHONEPE PRIVATE LIMITED, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Used to Track You

The following data may be used to track you across apps and websites owned by other companies:

  • Usage Data

Data Linked to You

The following data may be collected and linked to your identity:

  • Identifiers

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Financial Info
  • Location
  • Contact Info
  • Contacts
  • User Content
  • Identifiers
  • Usage Data
  • Diagnostics

Privacy practices may vary based on, for example, the features you use or your age. Learn More

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