Here's how to set up 'UPI Direct Debit' on PhonePe
What's the story
In the modern hustle and bustle, keeping track of recurring payments is crucial. The PhonePe app allows you to conveniently set up UPI direct debits from your Android device, facilitating punctual bill and subscription payments without the need for manual input. This guide includes adding a bank account, setting up a UPI PIN, and establishing direct debit mandates for seamless transactions.
Bank setup
Adding your bank account made easy
To connect your bank account with PhonePe, head to My Money and click Bank Accounts under Payment Methods. Choose your bank, hit Add New Bank Account, and PhonePe will automatically retrieve your info. Finally, set up your UPI PIN by clicking Set UPI PIN, inputting card info, and confirming with an OTP.
Recurring payments
Automating payments with UPI Direct Debit
To set up a UPI direct debit in PhonePe, navigate to "Bill Payments" or "Recurring Payments." Choose your payment type and amount, then select a bank account. Choose the payment frequency and authenticate with your UPI PIN. For custom mandates, use the "My Money" section. Make sure your mobile number is linked for OTPs. Review all details and pick a secure UPI PIN for hassle-free transactions.