PhonePe Business: Merchant App

PhonePe Business: Merchant App

Accept Digital Payments.

3.1K ratings
22 reviews

Details

  • Released
  • Updated
  • August 17, 2019
  • July 21, 2026
PhonePe Business: Merchant App screenshot #1 for iPhone
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About

This app helps businesses accept digital payments, track transactions, and receive settlements directly into their bank accounts. It also offers merchants access to online loans with flexible repayment options and minimal paperwork.

Accept payments from all UPI apps
Track transactions and settlements
Receive direct bank settlements
Apply for online merchant loans
Order free QR stickers
Instant help via chatbot
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What's New in PhonePe Business

26.0710.00

July 21, 2026

Get eligible for a loan faster by completing all goals - Explore the new offers section to get discount & cashback - View payment analytics and insights to grow your business - Get onboarded on PhonePe business & start accepting digital payments - New seamless bank account change - Bug fixes and performance improvements

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User reviews

Worst service, fake executives

Absolutely the worst experience I've ever had with PhonePe.
Your field executive misled me into buying the PhonePe Speaker by repeatedly saying it was "free" and that I would receive the full R349 back as cashback. Trusting those promises, I made the payment. As soon as the payment was done, the story changed. I was told there was a "technical issue," and the promised cashback never came.
The truth is, I never even needed the speaker. I clearly said I wasn't interested, but your executive kept pressuring me until I finally paid 7349 based on false promises.
To make things even worse, the speaker has issues, and whenever I try to get support, nobody responds. There is no proper customer service, no resolution, and no accountability. Once the payment is collected, it feels like customers are simply ignored
Is this how PhonePe treats its customers? Mislead people into buying products, make false cashback promises, and then stop responding when they need help?
This has completely destroyed my trust in PhonePe. I want a proper explanation, a resolution to my issue, and strict action against such misleading sales practices. I expect the PhonePe management to respond instead of ignoring genuine customer complaints.
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Pathetic service. Please look into other service providers.

It has been over a month I registered here and waiting for an agent to visit my business location. Every fortnight once someone will call asking the location and business details and will tell they ll visit the next day and then thats it, until the next 2 weeks no updates! This has been going on, nobody really cares or wants to work in this team.
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Push notifications

Over the last few days i have been receiving a lot of push notifications such as network issues or about inactivity. The point is you are literally spamming the feed and annoying the users by sending the same notification every 10 mins which makes no sense. Could be a technical glitch but u should work upon such issues and fix it for once rather continuing the same thing pretending to give a valuable service.

Ps: there is no network issue or inactivity from our end. The issue lies at your end so fix it asap and STOP SPAMMING!!!
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Tired of phone pe speaker

I am writing to raise a serious concern regarding the merchant speaker device linked to my PhonePe Business account. For the past two months, the device has not been functioning—it continuously shows a red light and does not play any sound for incoming transactions.
I have contacted your customer support team more than 10 times, and each time I’ve been assured that an expert will visit my shop to resolve the issue. However, only one person visited around a month ago, briefly checked the device, and promised to return the next day. He never came back, and since then, no further support has been provided.
This has caused significant inconvenience to my business operations. I'm placing this as my final complaint—if the issue is not resolved within the next few days, I will be forced to switch my business account to Paytm or another service provider.
Please treat this as urgent and arrange for immediate action.
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Extremely Disappointed – Poor Service & Unethical Charges

We have had a terrible experience with the PhonePe Business Merchant App. Their sandbox machine has never worked properly, making it impossible to run test transactions or ensure functionality. Despite raising multiple complaints and requesting unsubscription from the service, our concerns have been completely ignored.

To make matters worse, they continue to deduct rental fees from our account even though no service is being provided. Phone calls and follow-ups have gone unanswered — it feels like they are simply stealing money under the guise of a service that doesn’t work.

This is not only unprofessional but borders on unethical business practices. We urge others to be cautious before signing up. Until PhonePe addresses these issues and stops charging for non-functional services, we strongly recommend staying away from their merchant platform.
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Developer apps

FAQ

How do I accept payments with PhonePe Business?

You can accept payments by displaying your PhonePe QR code, which can be ordered for free and delivered across India. This QR code allows customers to pay using any BHIM UPI app, credit/debit cards, and wallets.

How quickly do I receive my settlements?

Money is transferred safely and directly into your bank account instantly or by the next morning. You can also use the 'SettleNow' feature to receive funds at any time during the day.

What are the loan options available on PhonePe Business?

The app provides online loans for MSMEs ranging from INR 50,000 to INR 5,00,000 with attractive interest rates and up to a 30-month tenure. Loans are offered by RBI-regulated lending partners.

What is the eligibility for a merchant loan?

To be eligible, you must accept payments on PhonePe QR for more than INR 15,000 per month and be an active merchant for at least 3 months. Eligibility criteria may change and are at the discretion of lending partners.

What documents are needed for a loan?

For loans up to INR 5 lakhs, you will need to provide your Date of Birth, PAN, and Aadhaar Number. Business or bank account details are not required for these loan amounts.

How is the loan repaid?

Repayment is made easy through Easy Daily Installments (EDIs), which are deducted from your daily customer payments collected via PhonePe. You also have the option to foreclose the loan at any time.

How can I get help with PhonePe Business?

You can resolve queries using the user-friendly Chat Bot available in the Help section. Additionally, you can reach out to the PhonePe Business app's dedicated helpdesk for further assistance.

Is PhonePe Business available on multiple platforms?

The PhonePe Business app is available for Android devices, as indicated by its release and update history. Compatibility with other operating systems is not specified in the provided data.