This app facilitates secure digital payments, including UPI transfers, mobile and utility bill recharges, and online/offline purchases. It also offers investment options in mutual funds and insurance policies.
Summarized from real user reviews of PhonePe. Based on 167K reviews and a 4.7/5 average, it highlights the 5 positives and 5 negatives reviewers mention most about this Finance app.
26.0717.11
August 8, 2026
India's most trusted finance app, reimagined around you: 1. Apply for the PhonePe credit card & enjoy rewards on every spend. 2. Categories you need, in one place - Insurance, Digital Gold, Travel & Transit, Mutual Funds & much more. 3. Search anything, anytime - find & pay contacts, pay bills, find features with just a tap. 4. Experience a fresh, modern interface for effortless payments using UPI & cards.
More5 issues
Unable to link bank accounts or cards
Verification issues with non-Indian phone numbers
5 requests
Add support for international phone numbers
Improve transaction history and record-keeping
The app allows you to make secure UPI payments, transfer money between bank accounts, recharge your mobile and DTH services, pay various utility bills like electricity and gas, and make payments at offline and online stores. Additionally, you can invest in mutual funds and purchase various types of insurance policies.
You can link your bank account to the app and use BHIM UPI to transfer money instantly to other UPI users or merchants. The app supports managing multiple bank accounts, checking balances, and saving beneficiaries for easy transactions.
The app offers a range of insurance options including Health & Term Life Insurance, Car & Two Wheeler Insurance, Personal Accident Insurance, Travel Insurance, and Shop Insurance. You can compare policies and buy or renew them within the app.
Yes, the app functions as a mutual fund investment platform. You can explore and invest in various types of funds such as Liquid Funds, Tax-Saving Funds, Equity Funds, Debt Funds, and Hybrid Funds, as well as buy and sell 24K pure gold.
The app is free to download and use for its core payment and recharge functionalities. While the app itself is free, there are in-app purchases available for services like buying insurance policies and investing in mutual funds.
