Phayda is an Android app where you can earn money for various tasks. Although the app was launched on September 30, 2019, I only found out about the app yesterday. So I’m writing this review after using the app for one day.
Phayda app is only available for Indian users and pays via UPI, Bank Transfer and Paytm Cash.
Download Phayda App:
The Phayda app can be downloaded from the Google Play Store. Just tap the teh button below and you will be taken there. Then you can install the app. But first, I’d recommend, you read this review.
Phayda App Referral Code: a78298
You can enter this Phayda Refer Code a78298 and earn ₹5 Paytm cash on sign up. You can also earn ₹10 per user by sharing your code.
|Sign up Bonus||₹5|
|Refer and Earn||₹10 per friend|
|Withdrawal Options||Paytm wallet, PhonePe, GPay, Bank Transfer|
How to Sign up & Get ₹5 Bonus:
1. Open the app and tap NEW USER? SIGN UP.
2. Fill the sign up of form by entering your name, email id, number, etc.
3. At the end of the form enter this Phayda Refer Code: a78298.
4. Enter OTP to verify your mobile number and complete the registration.
5. Tap Collect and collect your sign up bonus of ₹5.
6. That’s it your registration is complete.
How to Share Refer Code & Earn ₹10:
With the referral program of Phayda app you can earn ₹10 for every user that signs up using your code.
1. Open the app and tap Share App.
2. Now you will see a page similar to the one below.
3. Share your the app with your friends via any app.
4. You will earn ₹10 when they enter your code and complete the registration process.
How to Withdraw Earnings From Phayda App:
Phayda app allows you to withdraw your earnings to Paytm wallet, UPI(PhonePe and GPay) and Bank Account.
1. Open the app and tap Withdrawal in the Transaction section.
2. Select a withdrawal method. I selected Paytm.
3. Now enter your Paytm number(if you selected paytm as withdrawal method) and the amount you want to withdraw.
4. The amount will be transferred to your wallet within 7 working days.
The minimum amount that can be redeemed is ₹100.
How to Earn Money on Phayda App:
The only way to make money with this app is by referring friends. Other than that there is no offers or surveys that you can complete to earn money.
I’ll be honest, I haven’t submitted any withdrawal requests. So I can’t be 100% sure whether the app is legit or scam. But I can say one thing: there are a lot of money-making apps that are better than Phayda.
Also the payment threshold is also way too high.
What I’m saying is, I don’t recommend this app.
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