PhonePe For Business: App, Register, Login

Phonepe Business Account

A business account with the digital payments platform benefits you to unify all online payments received from your customers into a single point or platform and then directly transfer it to your bank account, which you have linked with your business account.

As an entrepreneur or business owner, this is very beneficial for you as managing your business account is quite easy with digital payment platforms and also more of your target customers will be able to reach your product via those platforms.

Furthermore, You can initiate bank settlements and refunds from a single dashboard and thus can quickly manage your account. 

Different digital payment platforms have different types of facilities when it’s about business account-oriented solutions. Like, Phonepe having “PhonePe for Business”.

PhonePe For Business

Whatever the scale of your business is, Phonepe for Business is the exact online payment solution for you as this enables you to receive payments from a huge number of customers in a very quick and easy manner.

This application also assists you to grow your business and reach your higher business goals in an organized and modern aspect.

Phonepe for Business benefits your business to go cashless and also delivers a fast, secure, and easy payment solution to the customers, so they can buy and pay in a hassle-free way.

Furthermore, with the Phonepe for Business application customers using 70 different BHUMI UPI apps can transact money directly from their bank account using their mobile number or QR code mode. Also being on Phonepe Switch lets you effortlessly connect with more than 325 million users of Phonepe.

  • In Phonepe for business, you can directly get the money to your linked bank account without using any transitional wallet, and that is also in a quick tone.
  • Furthermore, Phonepe for Business offers to let the customer pay with Secure UPI, card, or wallet options and thus customers get an opportunity to choose which mode is more beneficial for them.
  • Phonepe for Business is a secure and free application and this is also available in 11 different languages.
  • Also, there are no day-to-day limits to receiving payment in a bank account through this application.
  • On the Phonepe for Business application, you can see all the reports regarding the received payments, and thus you can easily track the transaction and your business growth as well.

How to Create PhonePe For Business Account?

Steps to Create PhonePe For Business Account:

  • Step 1: First download the “Phonepe for business” application from the app store and open it.
  • Step 2: Now tap on the Sign Up option and enter your name and mobile number.
  • Step 3: Next tap on the opinion called“Get OTP and enter the received OTP on the given segment.
  • Step 4: Now type your full address or you can simply open the GPS. The application will get location status. After that, you have to save the provided address information.
  • Step 5: You have to provide some of your business information, like, Name and category it and then tap on the Submit button.
  • Step 6: Now you have to select a bank account in which you want to receive the payment. Make sure that you register the same mobile number, that is in link with your bank account.
  • Step 7: Now the massage app will be open and the message will appear automatically. You just have to send it from the same mobile number.
  • Step 8: After sending the message, your bank details will automatically attack your PhonePe Merchant account.

So, these are the simple steps to register your business with Phonepe or to create a Phonepe Merchant account by yourself. After that, you will also Get Your PhonePe Merchant QR code.

Also Read: Best UPI Payment Apps in India

How to Login into PhonePe for Business Account?

Steps to Login into PhonePe for Business Account:

  • Step 2: Now you have to enter your email id or mobile number, which is in link with your Business account. You also have to type the four-digit password. Then give a tick on the box, placed on the side of “I’m not a Robot” 
  • Step 3: Now click on Get OTP and enter it in the given slot.

 And now you have successfully logged into your Phonepe for Business Account.

How to Register in PhonePe for Business Account?

Steps for Registering in PhonePe for Business Account:

  • Step 2: Now fill up the form, with all your business information, personal details, and mobile number registered with Phonepe wallet. Then give a tick on the box placed at the side of “Agree to the Terms & Condition” and click on send OTP to complete the number verification.
  • Step 3: Next you have to upload your documents and certificates regarding you and your business. After the verification process, the registration process will be completed.

Documents Required to Open Phonepe Merchant Account

Just like the previous two digital payment platforms, one also needs to upload some important documents to open a phone merchant account, as genuineness is very important for conducting e-commerce. However, the list of mandated documents is presented below.

  • MSME registration and GST registration certificate.
  • Details of bank account and PAN card.
  • In case it’s a company, then a certificate of incorporation.
  • Details of the company and its establishment Certificate.
  • On behalf of the company an official written declaration, signature, and stamp.

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