How to transfer money by phone

Digital transaction or mobile banking became a need of regular life ,now  you can transfer the money from 1 account to another account in just minute. Not like past standing in long line. By using some apps. Such as
 1.tez
2.phone pe
3 bhim
4.mobiquick
5.airtel bank
6.jio money
Now recently Whats app also started upi transaction. etc

How to transfer money using app

Almost in all apps procedure is same for upi transaction

Requirements for mobile banking is 

1. A bank account 

2. phone no. Link with bank.

3. A debit card

4. Account should not be zero balance account or (jan dhan  yojna account) 

Note:- If your account is zero balance account then visit your branch and  ask them to enable net banking facility to your account

So let me tell you the easiest one.

Phonepe:-

Step 1:- install the app by Click here.

Or search phonepe on play store

Step 2:-open the app and register

You will see the first page like this

Fill the required info . 

Note:- filled phone no. Should be link to bank account . And sim card inserted  in to same device. 

It will verify your no. By sending otp(one time password).

Step 3:- now you have new page where you have to  link your bank account to app.

Step4;-Search your bank clink on it.  Then it will send a messageto bank . So it will verify  device on which your mobile banking is avtivated.

Note:- your sim should have atleast  2 rs balance to send message.

Step 5. Now switch to home page  where you can see account balance section click on it it will show you your account .Now you have to enter last 6 digit of atm card

And cvv no. 

Step 6:- Now it will send you a 4 digit verification  pin then you have to creat upi pin which is s important as your atm pin is. It is key for all your financial transaction 

Now you can transfer money to any ones  account by you transaction 

Method of transferring money:-  

1. You can transfer money simply by entering the phone no. Of receiver  

Note:-if  receiver  is also link his no. To phonepe account.

2. By upi transaction it is free and there is no hidden charges. Entering the beneficiary (receiver) account no. And ifsc code.

3. You can also send money by phone 

Pe.  Using any ones debit card. I will tell you that in my next post. Subscribe for next post notification

And most important it gives the amazing  cashback upto 1000 rupees for upi Bank to bank transfer and mobile recharge , dish tv recharge,electricity bill payment by bank account phone pe transection.

Categories: Money transfer

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