PhonePe 20-20 League - When an invited user does his first UPI transaction on the PhonePe app, invited user gets 50% Cashback (up to ? 150) and the inviting user gets ? 50 Cashback.
Invited user means having one who has clicked on referral link and opened the PhonePe app.
This transaction must be the first ever UPI transaction of the user on PhonePe.
Offer is valid for only send money transactions using UPI to other PhonePe users, or if a transaction is done with payment through UPI on the PhonePe app in the following categories provided on the PhonePe app - Mobile, Datacard, DTH, Broadband, Electricity, Landline, Insurance and Gas.
Offer is not valid for users who have made a UPI payment using PhonePe on partner applications.
Offer is not applicable for users where the first UPI transaction is done on a partner/merchant (application/website) which has integrated PhonePe as a payment option.
The invited users will get the cashback for first UPI transaction only once. This will also be limited to once per Smartphone and once per bank account.
The cashback is creted to the PhonePe Wallet within 24 hrs.
A successful referral is when an invited user successfully completes a transaction as per the above conditions.
PhonePe 20-20 League contest starts on 5th April 2017 (from 19:00:00 hours) and goes on till 21st May 2017 (till 23:59:59 Hours) and all prizes will be given through PhonePe cashback or through bank transfers as required.
Daily winner with the highest number of successful referrals will win ? 15,000, the first runner up will win ? 10,000 and the second runner up will win ? 5,000.
Weekly winner with the highest number of successful referrals will win ? 50,000, the first runner up will win ? 40,000 and the second runner up will win ? 35,000.
The bumper prize winner with the highest number of successful referrals over the offer period will win ? 2,00,000, the first runner up will win ? 1,50,000 and the second runner up will win ? 1,00,000.
Daily winners will be picked based on number of successful referrals within a calendar day (from 00:00:01 Hours to 23:59:59 Hours).
Weekly winners will be picked based on number of successful referrals in the week, with the week starting from Monday and going on till Sunday - the first week will be from 5th April 2017 to 9th April 2017 and the weekly prize money will be prorated for this duration.
Bumper prize winners will be chosen based on number of successful referrals over the offer duration.
In case of a tie on number of successful referrals, the winner will be decided based on the user who reached the number first, and in case all users reached the same number of successful referrals at the same time, the prize amount will be split across the tied users.
Winners will be announced on the next day by 4 pm.
PhonePe has the right to disqualify a user from participating in the PhonePe 20-20 League if the user engages in any fraudulent practices.
Prize money will be given to the winner after all necessary deductions as per laws and regulations.
Prize money for PhonePe 20-20 League will be given to a user within 7 working days of announcing the prize.
PhonePe has the right to amend the terms & conditions, end the offer, or call back any or all of its offers without prior notice.
In case of dispute, PhonePe reserves the right of final decision on the interpretation of these Terms & Conditions.