How to Delete PhonePe Business Account?

The Reserve Bank of India has granted PhonePe permission to provide payment systems and digital wallets in eleven Indian languages.

This software allows you to pay your utility bills, receive money, and shop online. Additionally, businesses can open a PhonePe merchant account to receive funds directly into their bank accounts.

If a customer is uncomfortable with online transactions, they can easily delete their PhonePe merchant account.

To delete your PhonePe merchant account, follow these steps.

How to Delete a PhonePe Merchant/Business Account

  1. Install and launch the PhonePe Business app or PhonePe Business on the Internet.
  2. Enter your email address or phone number, as well as your password, to access PhonePe Business. You can also use OTP instead of a password.
  3. Fill out the captcha and then press the Sign In button.
  4. Select My Accounts and KYC from the menu.
  5. Select PhonePe Account Delete.
  6. To proceed, you must validate your phone number.
  7. To delete the PhonePe account, go to Other Problems.
  8. Give a reason why the Phonepe account should be deleted.
  9. Choose the send tab and then the confirm button.
  10. PhonePe will send you an email once your account has been deleted.

Following the aforementioned methods will allow you to deactivate your PhonePe merchant account, but you will no longer be able to accept immediate payments via the most extensively utilized means of receiving instant payments.

Because the payment is performed online, the consumer can avoid carrying cash or particular change.

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