How do I activate the PhonePe Wallet, and what are the steps involved in getting it up and running? Are there any eligibility requirements or documents needed to enable the wallet feature? Also, does it require full KYC verification, or can it be used with limited functionality without KYC?
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To activate your PhonePe account-
1.) Open PhonePe application
2.) Click on your profile picture
3.) Click on PhonePe Wallet
4.) Then click on activate wallet
5.) Enter the OTP that you received on registered mobile number.
To open a PhonePe wallet, you need a valid mobile number, and you’ll also need to complete the KYC (Know Your Customer) process. This involves providing details like your full name, date of birth, address (both current and permanent), and a photo of yourself.
You can activate PhonePe wallet with minimal KYC verification.