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PhonePe Users Alert: Inactive Wallets May Face Charges of Up to ₹100 Every Three Months

PhonePe Users Alert: Inactive Wallets May Face Charges of Up to ₹100 Every Three Months

Digital payments platform PhonePe has reportedly introduced an inactivity charge policy for its wallet users. As per the update, users who do not use their PhonePe Wallet for a continuous period of three months may be charged up to ₹100.

The charge will be deducted directly from the available wallet balance, if any, and will not be recovered from linked bank accounts.

📌 Key Highlights

  • PhonePe Wallet may charge inactivity fee if unused for 3 months
  • Charge can be up to ₹100 per cycle
  • Deduction will happen only from wallet balance
  • Bank account or UPI transactions are not affected
  • Users can avoid charges by using wallet periodically
This news is for information only and is not investment advice. Please do your own research before making investment decisions.