PHONE PE — PhonePe Bank Charge Explained

PHONE PE on your bank statement may relate to PhonePe, which is listed in the Finance category. PhonePe is a popular Indian UPI-based payments app for transfers and bills. A charge is usually a payment made through the app, so a UK entry would be unusual and worth checking.

What Is the PHONE PE Charge?

PHONE PE may relate to PhonePe, which is listed in the Finance category.

PhonePe is a popular Indian UPI-based payments app for transfers and bills. A charge is usually a payment made through the app, so a UK entry would be unusual and worth checking. It typically appears as PHONEPE on your statement.

PHONE PE is how this charge may appear on your bank or card statement.

How Do I Cancel a PHONE PE Charge?

  1. Identify the charge: Confirm the charge is from PhonePe by checking your email for a receipt or logging into your account on their website.
  2. Cancel a recurring payment: If this is a recurring payment you no longer want, log in to your PhonePe account and cancel it in your account settings before the next billing date.
  3. Contact the merchant: If you recognise the merchant but have a question about the charge, contact PhonePe directly using the details on this page.
  4. Contact your bank: If the merchant does not resolve the issue, contact your bank or card issuer using the number on the back of your card. They can explain what options may be available and what information they need.

What Other Names Does PhonePe Use on Bank Statements?

PhonePe may also appear on your statement as:

Frequently Asked Questions About PHONE PE

What is PHONE PE on my bank statement?

PHONE PE is a bank statement transaction code that may relate to PhonePe, which is listed in the Finance category. PhonePe is a popular Indian UPI-based payments app for transfers and bills. A charge is usually a payment made through the app, so a UK entry would be unusual and worth checking. It typically appears as PHONEPE on your statement. This descriptor appears because banks display a shortened payment code instead of the full company name.

Why is PHONE PE on my bank statement?

PHONE PE is how this charge may appear on your bank or card statement.

How do I cancel PHONE PE?

If this is a recurring payment you no longer want, log in to your PhonePe account and cancel it in your account settings before the next billing date. If you recognise the merchant but have a question about the charge, contact PhonePe directly using the details on this page. If you do not recognise this entry, contact your bank or card issuer and ask them to confirm the transaction and merchant details. Only you and your bank can confirm whether a payment was authorised.

Related charges

For more information about PhonePe and all its known transaction codes, visit the PhonePe merchant page.