Can I disable auto top up in PhonePe?

What is set auto top-up in PhonePe?

Once you set up your wallet auto top-up, your wallet will be automatically topped up with the amount you’ve specified every time your balance falls below the threshold value. For example: The default threshold value for wallet auto top-up is ₹200. Say you have set the wallet auto top-up amount as ₹1,000.

How do I manage AutoPay in PhonePe?

In order to set up UPI AutoPay for Investments on PhonePe, users can click on the ‘Start a SIP’ icon in the investment section on the PhonePe app homepage. From there, they can choose their investment style (from conservative/moderate/aggressive) and duration of investment (short/medium/long term).

How do I disable PhonePe wallet?

How to close your PhonePe Wallet:

  1. Step 1: Open the PhonePe app on your phone.
  2. Step 2: Then tap on the Close Wallet button at the bottom of the screen.
  3. Step 3: Now tap on Confirm and Deactivate Wallet.
  4. Step 4: Finally, tap on Deactivate Wallet.

How do I cancel IPO AutoPay in PhonePe?

To cancel/revoke an IPO mandate that you’ve authorised using PhonePe:

  1. Log into the broker’s website through which you placed the bid initially.
  2. Select the option to delete or revoke your bid.
  3. Once you’ve submitted the cancel/revoke request, your bid will be cancelled.
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What does auto top up mean?

Auto (or automatic) Top-up means that you can set your top-up preferences once and the top-up will recur automatically according to your selected criteria. You can either set the rule for whenever your balances reaches a certain number or on a certain day of the month.

How do I enable auto top up on my PhonePe?

To set up your Wallet auto top-up:

  1. Tap your profile picture on the PhonePe app home screen.
  2. Tap Top-up under the Payment Methods section.
  3. Enter any amount less than ₹5,000 and tap Topup Wallet. .
  4. Enter your preferred wallet auto top-up amount, select your preferred bank account and tap Topup & Set Auto Top-up.

What is PhonePe AutoPay?

After you set up an AutoPay and pre-authorise PhonePe to make payments on your behalf, the amount will be automatically deducted from the bank account that is linked with your selected payment mode and transferred to the mutual fund company, broker, or service provider on the scheduled date.

Where is AutoPay in PhonePe?

Note: You can tap AutoPay Settings in the Profile section of your PhonePe app for more details about the AutoPay you’ve set-up for IPOs.

What is UPI AutoPay?

With UPI AUTOPAY, customers can enable recurring e-mandate using any UPI application for recurring payments such as mobile bills, electricity bills, EMI payments, entertainment/OTT subscriptions, insurance, mutual funds, and loan payments, paying for transit/metro payments among others of up to ₹5,000.

What happens if I deactivate my PhonePe wallet?

When you close your PhonePe Wallet, any wallet balance will be transferred back to the original source of top-up. However, in case the reversal to the original source fails, that amount will be transferred to your primary linked bank account on PhonePe.

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Can I activate closed PhonePe wallet?

Closed Wallet: Your PhonePe Wallet will be in a closed state if you have requested for wallet closure. Once closed, you will not be able to re-activate your wallet.

How do I remove KYC details from PhonePe?

How to deactivate PhonePe account

  1. Open the PhonePe app.
  2. Tap on the ‘?’ …
  3. Click on My account and KYC option on the next page.
  4. Tap on Account-related issues.
  5. Click My PhonePe Account Details.
  6. Next, click on Deleting my PhonePe account.