Rent payment feature introduced in Phonepe, you can pay house rent through credit card card-details-here-nodvkj– News18 English

New Delhi. Usually people do shopping, recharge and bill payment, rail and flight ticket booking, online payment etc. with credit card. Do you know that you can also pay house rent through credit card? Usually paying rent by credit card is not possible as your landlord does not use payment gateway like a merchant. But today there are many mobile applications in the market like Paytm, Freecharge, Cred (CRED), No Broker, Payzapp, RedGirraffe, through which you can pay house rent by credit card. can. Now the country’s leading digital payment company PhonePe has also started the facility of rent payment. Through PhonePe, you can pay house rent through credit card, debit card or UPI.

Extra charge of 1.3 per cent on rent payment but reward points
However, there is an additional charge of 1.3 per cent for paying rent through the PhonePe app by credit card. But you also get cashback or reward points. For example, on a rent payment of Rs 10,000, you will have to pay Rs 10,130.

Also Read – Standard Chartered DigiSmart Credit Card: Get 20% off on Myntra and 10% off on Grofers, know the features of the card

How to make rent payment on PhonePe app-
1. First of all update the PhonePe application.
2. Now open the PhonePe app and click on All Service.
3. After this, in the Recharge & Pay Bills section, you will see the option of Rent Payment.
4. After clicking on Rent Payment, enter the amount of rent and the details of the landlord’s bank account.
5. Now select the payment mode. After this make the payment through credit card, debit card or UPI.
8. The rent amount will be credited to your landlord’s bank account.

phonepe screenshot

Benefits of paying rent by credit card
>> Save your cash by using credit limit. Credit card dues are usually paid after 45-50 days. In this way, you can earn something by investing the rent money somewhere.
>> You can convert the transaction done through credit card into EMI. This means that you can also pay the rent through EMI.
>> Cashback or reward points are also available on transactions done through credit cards.

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