PhonePe is a Unified Payment Interface (UPI) app that is used to transfer money from one bank account to another using a UPI ID, mobile number, or bank detail. You will be able to perform UPI transactions using your bank account that is linked to PhonePe.
PhonePe added a new section two years ago where users can buy and sell gold through the app. PhonePe has collaborated with MMC PAMP India Pvt. India for allowing users to buy and sell 24k gold.
Check - How to Purchase Gold on Google Pay?
The following are the steps to purchase gold on PhonePe:
Check - Today's Gold rate in India
The following are the steps to sell gold on PhonePe:
Yes. You can purchase physical gold coins on PhonePe.
PhonePe sells the purest form of gold which is why the price is relatively high as compared to the storebought gold.
Yes. It is completely safe to buy a gold coin from PhonePe.
Yes. Digital gold is safe and risk-free.
No. You cannot cancel a gold order in PhonePe.
You can check your PhonePe gold balance in the 'View Locker' section.
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2025 BankBazaar.com.