I have installed phonepe app by using the referral code of my brother.I received 75rs and my brother too received 75rs.I am using the app to pay the electricity bills and to recharge the mobiles. I have done many transactions using that.According to me, it is the first preferred app after demonetization in India.
the main advantage is cash-backs we receive.I have received nearly 700-800rs till now.
my cash backs are
1.after my first transaction 50rs
2.after my 3rd transaction 50rs
3.after 5th transaction 50rs
4.after recharging my jio number 75rs
5.after sending money to my brother 100rs
and many more
there are no cons but we should not share the passwords with others
we can transform into digital India very soon by using these type of apps