PhonePe has implemented a ₹100 quarterly maintenance fee for wallets inactive for over a year, urging users to transact regularly to avoid the charge.
PhonePe addebita ₹100 ogni trimestre su wallet inattivi da 365 giorni consecutivi. Ottimizzazione della monetizzazione su churn nel fintech indiano; segnale di pressione su unit economics per chi valuta partnership payment gateway in mercati emergenti.
The fee is aimed at supporting platform improvements
Jun 20, 2026
03:52 pm
What's the storyPhonePe, a leading digital payment and financial services company, has updated its wallet policy.
The new guidelines state that if you don't use your PhonePe Wallet for 365 consecutive days, it will be considered inactive.
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PhonePe will charge a ₹100 quarterly fee on dormant wallet accounts inactive for over a year, impacting balances above ₹1.
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