Is any KYC mandatory for new users?
No, KYC is not mandatory for new users. However, to use the PhonePe wallet, you will have to at least complete your Min-KYC.
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 |
