PhonePe KYC

tech_help

Regular
Messages
1,284
Location
Delhi
What will happen to account if I dont do KYC before Feb 28?
 

dextermorgan

Amazing Member
Messages
7,316
Location
Hyderabad
theyll probably stop you loading your wallet and transfering your wallet balance into your bank acccount.

thisis fuckedup, non ahdaar kyc only lets you transact 10k per month whereas adhaar kyc lets you uotp 1lakh per month
 

Sushubh

Administrator
Messages
425,790
Location
Gurugram
just curious. isn't 10k more than enough for wallet related transactions? :D
 


raj2007

Chennai
Messages
2,472
Location
Chennai
Yesterday i tried to add some amount to amazon pay to buy a product with discount.
It asked for Aadhaar id or other id for KYC to proceed further.
I was left with no choice so i did kyc thru Aadhaar
 

dextermorgan

Amazing Member
Messages
7,316
Location
Hyderabad
just curious. isn't 10k more than enough for wallet related transactions? :D
just for wallet payments its fine but I do send money to dad and sister regularly. that easily crosses 10k. oh, maybe they don't come under wallet transactions? its so complicated
 

Sushubh

Administrator
Messages
425,790
Location
Gurugram
Upi doesn't require kyc. Tez has no wallet component so no kyc nonsense. It directly send all benefits to bank account. Kept it simple.
 


ijsa

Regular
Messages
1,852
So..... if I don't do KYC (Aadhaar/ any other document), still will I be able to do Wallet transactions (without money transfer to other wallets) under 10K?
 

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