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

[Sushubh]

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

 

[Sushubh]

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]

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