Phonepe is one of the must have app for indian markets. You can recharge dth, phone bills, electric bills, gas bills, insurance, water billsand broadband services,
Payment can be done using 1) u.p.i-directly from bank account 2) credit or debit cards 3) from the wallet.
As it has u.p.i you can send or recieve money directly from this app and it works , you dont need internet banking if you have this app.
Now u.p.i is also present in bhim app then why phonepe? Let me explain. Bhim works sometimes and phonepe works everytime. Phonepe has not only u.p.i also wallet and card payments. Phonepe has also direct payment services to had, water, electricity, recharges of dth mobile, etc. You can also pay at various stores by scanning the q.r code.
And CASHBACKS-phonepe has lots of cashback offers . If you use flipkart then phonepe is must have as you can pay using phonepe, with cashbacks again.
So as I already said ALL IN ONE for your payment solution
1.u.p.i-check( send and recieve money easily)
2.card payments-check
3.wallet service-check
You can use it to pay for
Send-recieve money
Mobile recharges
Dth recharges
Water and electricity bills
Gas bills
Broadband bills
Pay at offline stores( scan q.r code)
Flipkart
It is must have.