With the rapid expansion of digital payment systems in India, Unified Payments Interface (UPI) has introduce a popular mode of transaction. It enables users to send and receive money from one bank account to another instantly. PhonePe is a leading digital payment platform that allows users to make transactions using UPI. Creating a UPI ID on PhonePe is a simple process that can be done in a few minutes. This article will guide you steps to step process on how to create a new UPI ID on PhonePe.
Step by Step Process to Create New UPI id in PhonePe
Step 1: Download the PhonePe app
Firstly download the PhonePe app from the Google Play Store or Apple App Store. After downloading the app, install it on your smartphone.
Step 2: Register on PhonePe
Open the PhonePe app after installation, then select the “Register” button to start a new account. You can sign up with your Facebook account, email address, or mobile number. To finish the registration process, adhere to the on-screen instructions.
Step 3: Link your bank account
You must connect your bank account to PhonePe after creating an account there. To do this, choose “Add New Bank Account” from the menu’s “Bank Accounts” option. From the list of available banks, select your bank, and then enter the necessary information, including your account number, IFSC code, and name. After checking the information, PhonePe will connect your bank account to the app.
Step 4: Set up a UPI PIN
You must configure a UPI PIN before you can create a UPI ID on PhonePe. A four- or six-digit code known as a UPI PIN is used to approve UPI transactions. Go to the “Bank Accounts” option from the menu and choose the bank account you want to set up the PIN for in order to configure a UPI PIN on PhonePe. The last six digits of your debit card number and its expiration date should be entered before clicking “Set UPI PIN”. An OTP will be sent to the registered mobile number. Set your UPI PIN and enter the OTP.
Step 5: Create a new UPI ID
You can create a new UPI ID on PhonePe after setting up a UPI PIN. To do this, choose “Create New UPI ID” from the menu’s “BHIM UPI” option. Select a distinctive UPI ID of your choosing and verify its availability. Click “Create UPI ID” to create a new ID if the UPI ID is already available.
Step 6: Verify your UPI ID
PhonePe will send a verification message to your listed mobile number after creating a new UPI ID. To validate your UPI ID, enter the OTP that you received in the message. Your new UPI ID will become active once the verification is finished.
Conclusion
Creating a new UPI ID on PhonePe is a simple process that can be done in a few minutes. By following the above steps, you can create a new UPI ID and start using for making transactions. With PhonePe, you can pay bills, recharge your mobile, and much more. The app is secure and user-friendly, making it a best choice for millions of users in India. So, go and create your UPI ID on PhonePe today for hassle-free transaction!