PhonePe is one of the top-used UPI apps in India currently. With over 1 million transactions on a daily basis, this UPI app has spread all over the country with some specific features and great transactional accessibility. But what do you do when you want to discover how to delete transaction history in PhonePe? Well, this blog is all about this question only. We discuss the transactional aspects of PhonePe and give you a step-by-step guide to help you discover how to delete transaction history in PhonePe.
Deleting Transaction History in UPI Apps: Why Should You Do That
Keeping records of financial transactions is extremely important, especially in the case of UPI payments. But on a similar page, deleting your transaction history is also considered a healthy step. If you have some unwanted or very old transactions recorded in your database, then deleting them can often help you. Here’s how.
- It will help you clear off unnecessary/unrequired data.
- It will disable trackers from tracking your transaction history and patterns.
- You can download PDFs, links to transaction history and keep it for record, then delete it from your UPI apps.
- Deleting transaction history can also help your UPI app function more efficiently.
Also Read: How to Securely Transfer Data and Personal Information Before Selling Phone
A Glimpse Of the PhonePe App
PhonePe is a leading UPI app in India. Launched around 2015 and backed by Flipkart, this app is available in 11 Indian languages for wide accessibility.
PhonePe is renowned for providing seamless money transfers, bill payments, and recharges, all with a user-friendly interface. This UPI app also features a wallet for instant payments, supports merchant transactions, and offers investment options such as mutual funds and insurance. With robust security and QR code scanning, it ensures fast, reliable, and secure digital transactions.
Also Read: Best UPI Apps For Safe Online Payments
Guidelines on UPI Transactions: What Should You Know
The UPI apps and transactions are being monitored and centrally managed by the Reserve Bank of India (RBI). The RBI regularly updates its guidelines and provides mandatory user instructions for UPI transactions.
Recently, the RBI partnered with UPI brands and the Department of Telecommunications, Government of India, to implement certain measures aimed at curbing financial scams and frauds that can occur through mobile phones and UPI transactions.
Also Read: Indian Government Launches Fraud Detection Indicator: Read Full Information Here
Here are some of the measures that we should know regarding UPI transactions that the RBI has released:
- Mandatory Balance Display: Banks must show the available balance after every successful UPI transaction.
- Transaction Record: All account holders should keep a track of their transactions.
- Transaction Status Check Limit: PSPs must restrict transaction status queries to 90 seconds post-authentication to reduce system strain.
- Balance Inquiry Cap: Users are limited to 50 balance inquiries per app per day to prevent server overload.
- Autopay Timing: Recurring payment mandates, like bills, are restricted to non-peak hours.
- Name Display Rule: UPI apps will display only bank-registered names to curb fraud.
Ways To Delete Transaction History in PhonePe
Want to know how to delete transaction history in PhonePe? Well, before we guide you through the step-by-step procedure, let us find out the ways you can delete your data. There are multiple ways to get rid of your transaction history. Here are some of the ways which are prevalent and successful in this case.
Deleting Complete Transaction History
In this way, you can delete the complete transaction history of your PhonePe by just following a few steps from the settings of the app.
Deleting a Particular Transaction
If you wish to delete or cut off the record of any particular transaction, you can also do that by deleting the transaction history of a particular transaction in PhonePe.
Deactivating Your ID
ID deactivation is also a way to completely clear your data from the app.
Contacting Customer Support
In case you do not find any helpful solution, you can always consult the customer support team of PhonePe.
How To Delete Transaction History In PhonePe: Step-by-Step Guide
Let us guide you through the specific procedures that can help you know how to delete transaction history in PhonePe. Here are specific steps that can guide you to delete transaction history in the PhonePe app.
When you want to delete particular/ complete transactions
- Step 1- Open the PhonePe App.
- Step 2- Go to the History Section
- Step 3- Go to the Help/Contact section
- Step 4- Click on Call Us
- Step 5- Mention that you need to delete your transaction history and specify the reason. Then you will see that the action is taken.
When you want to deactivate your ID
- Step 1- Open the PhonePe App
- Step 2- Go to Profile
- Step 3- Go to My Account Settings
- Step 4- You will find the deactivate/disable my account option. Click on that.
- Step 5- Specify the reason for deactivation. That’s it
Also Read: How To Get Free Canva Pro: A Detailed Guide
End Note
The above-mentioned steps entail a comprehensive guide on how to delete transaction history in PhonePe. This guide is here to help you maintain a secure and encrypted way of performing and recording UPI transactions. Each and every step is mentioned to (not guarantee) give you the solutions when you search how to delete transaction history in PhonePe
So use these methods and obtain top-class security, encryption and convenience in data storage and management!
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