PhonePe requires Aadhaar for KYC of Wallet (Update: Limited KYC without Aadhaar now possible)

Sushubh

Administrator
[OP]
Oct 29, 2004
415,619
12,861
Gurugram


I am guessing just like Mobikwik, Aadhaar is not mandatory but PhonePe is forcing it to keep it simple for themselves.
 

Sushubh

Administrator
[OP]
Oct 29, 2004
415,619
12,861
Gurugram
Source


based on this tweet, wallet should still be operational as long as you are not using it for more than 10k transaction in a month. would find out next month.
 

Sushubh

Administrator
[OP]
Oct 29, 2004
415,619
12,861
Gurugram


so they are now allowing basic kyc without aadhaar with restricted features.