Is any KYC mandatory for new users?
No, KYC is not mandatory for new users. However, to use PhonePe Wallet, you can complete Full KYC by tapping Upgrade Wallet on the Wallet home page.
We recommend that you complete your Full KYC to enjoy additional benefits as mentioned below.
| No KYC | Min-KYC | Full KYC | |
| Wallet Top-Up | X | YES | YES |
| Wallet Withdrawal | X | X | YES |
| Merchant Payments | YES | YES | YES |
Learn more about Full KYC.
