How to Signup For Phonepe Merchant Account –
1. First of All, You have to Download Phonepe Business App From Playstore – Download Now
2. Now Just Install the App & Once the App is Start Open & Provide all the permissions.
3. Now You will be asked to Signup. Just click on Signup Tab and Enter Your Full Name and mobile number (Registered mobile number with the bank)
4. Verify Your Number With a one-time password and proceed.
5. Now you will be asked to link your bank account & Device verification. You just have to follow instruction and done. Please Select Your correct Shop location so that customers can search nearby Phonepe locations.
6. Once You Link your bank account, your QR Code will be Generated & Phone pe Merchant account will be created in seconds.
Where is My Phonepe QR Code –
Once You are Logged in, You can navigate to My Profile >> Manage QR. and here you can see your Phonepe QR Code. You can also print the QR Code and Paste it to Your Shop.
How do I accept payment through PhonePe?
1. Ask Your Customers to Pay on this QR Code.
2. When They make Payment. Payment will be automatically transferred to your bank account while PayTM takes 24 hours.
3. Customers will also get Rs.10 on Payment to QR Code(As per Current offer Phonepe Merchant offer)
Will Users Get Cashback on Paying to My Phonepe QR Code –
Every user who pays to Your QR Code will get cashback subjected to the cashback offer availability & terms & Conditions
If You are a Phonepe Customer then also you can create Your Merchant account. But never make Payment to your merchant account using your Phonepe customer account. Your account may get blocked.