It depends on how you feel about tracking: PhonePe declares data used to track you. The sensitive items are financial info, location, contacts and user content. In total the label lists 9 data types; 25% of digital wallets we checked declare tracking.
PhonePe privacy in one look
- 1Collects nothing
- 2Not linked
- 3Linked
- 4Tracks you
Built only from the developer's App Store label. It describes disclosure, not tested behaviour.
PhonePe's developer reports using usage data to track you across other companies' apps and websites.
Did PhonePe ask for something?
Pick the permission prompt you saw. We compare it with what PhonePe's developer declared.
PhonePe lists Location on its label. Choose While Using and turn off Precise Location if the feature works without it.
PhonePe lists User Content on its label. Choose Limited Access and pick only the photos you want to share.
PhonePe lists Contacts on its label. Limited Access shares selected contacts instead of your whole address book.
PhonePe declares data used to track you, so expect the “Allow to track?” prompt. Tap Ask App Not to Track; the app must keep working without it.
Health & Fitness is not on PhonePe's label. That can be fine: data used only on your iPhone does not have to be declared. If the data would need to leave the phone for the feature to work, ask why it is missing.
A permission is what the app can reach on your iPhone; the label is what the developer says leaves it. They answer different questions.
What PhonePe collects, explained
| Data type | What it covers | Where to limit it |
|---|---|---|
| Financial InfoSensitiveNot linked to you | Card numbers, bank details, credit scores, salary, income, assets or debts. | Pay with Apple Pay where offered so the app never sees your card number, and turn on the app's own login lock. |
| LocationSensitiveNot linked to you | Where your phone is, either precisely (street level) or approximately (city or area). | Settings › Privacy & Security › Location Services: choose Never or While Using, and turn off Precise Location if the app does not need it. |
| ContactsSensitiveNot linked to you | The people in your address book or social graph. | Settings › Privacy & Security › Contacts: choose Limited Access to share only selected people, or None. |
| User ContentSensitiveNot linked to you | Messages, photos, videos, audio recordings, documents and support chats you create or upload. | Settings › Privacy & Security › Photos: choose Limited Access or None; review Microphone and Files access too. |
| Contact InfoNot linked to you | Your name, email address, phone number or postal address. | Use Sign in with Apple with Hide My Email where offered, and check the app's account and marketing preferences. |
| PurchasesNot linked to you | What you have bought or tend to buy. | Review in-app marketing settings; subscriptions are listed in Settings › [your name] › Subscriptions. |
| IdentifiersLinked to youNot linked to you | An account ID, screen name, customer number or a device-level ID such as the advertising identifier. | Settings › Privacy & Security › Tracking: turn off Allow Apps to Request to Track, or tap Ask App Not to Track when prompted. |
| Usage DataUsed to track youNot linked to you | What you tap, open and view inside the app, plus which ads you have seen. | There is no single iOS switch. Look for an analytics or personalised-ads toggle in the app's own settings. |
| DiagnosticsNot linked to you | Crash logs, launch times, hang rates and energy use. | Settings › Privacy & Security › Analytics & Improvements › Share With App Developers controls what Apple passes on; the app's own crash reporting is separate. |
What PhonePe's label means for you
PhonePe's label has 1 type under “Data Used to Track You”, 1 type under “Data Linked to You”, 9 types under “Data Not Linked to You”. A data type can appear in more than one section when it is used for different purposes — for example, identifiers used for both analytics and advertising.
Tracking is the declaration that most separates apps. It means usage data from PhonePe can be combined with data from other companies to target or measure ads, or shared with data brokers. On iOS 14.5 and later, the app must ask your permission before tracking you through the advertising identifier; answering “Ask App Not to Track” blocks that identifier and tells the developer you have declined.
The items that deserve the most attention are financial info, location, contacts and user content. Financial data is high-value to criminals and is often regulated. Expect it in banking and budgeting apps; question it elsewhere.
Wallet apps hold payment details, passes or crypto keys. Financial data on the label is expected; tracking alongside it is the thing to compare. Back up recovery phrases offline for crypto wallets, and use Apple Pay where a card wallet is optional.
Among the 173 digital wallets in our snapshot with a label, 25% declare tracking, 55% collect data linked to you and 28% say they collect nothing. PhonePe lists 9 data types, more than the average of 3.3 for this group.
Finance apps need identity and financial data to function. Expect Contact Info and Financial Info; compare apps on tracking and third-party advertising instead.
Settings to check for PhonePe
- 1
Tracking
Settings › Privacy & Security › Tracking. If “Allow Apps to Request to Track” is off, apps cannot ask, and they are told to treat you as having declined. You can also turn it off for this app alone.
- 2
Location
Settings › Privacy & Security › Location Services › PhonePe. Choose While Using or Never, and switch off Precise Location if a city-level answer is enough.
- 3
Photos
Settings › Privacy & Security › Photos. Limited Access lets you pick exactly which pictures the app can see; Add Photos Only lets it save without reading your library.
- 4
Contacts
Settings › Privacy & Security › Contacts. Limited Access shares only the people you select instead of your whole address book.
- 5
Sign-in
When creating an account, Sign in with Apple can give the app a relay address from Hide My Email instead of your real one.
- 6
Lock the app
On iOS 18 and later, touch and hold the icon and choose Require Face ID. Anyone who picks up your unlocked phone then needs your face, fingerprint or passcode to open it.
Does PhonePe track you?
Usage data. Apple defines tracking as linking data from this app with data from other companies' apps, websites or offline sources for targeted advertising or ad measurement, or sharing it with a data broker.
Lock PhonePe behind Face ID
- Find PhonePe on your Home Screen or in App Library.
- Touch and hold the icon until the quick-actions menu opens.
- Tap Require Face ID (or Require Touch ID / Require Passcode, depending on your iPhone).
- Tap Require Face ID again to confirm. PhonePe now asks for authentication every time it opens.
The lock is an iPhone feature, so it works whether or not PhonePe has a passcode of its own. It does not change what the app sends to its developer.
About PhonePe
| Developer | PHONEPE PRIVATE LIMITED |
| App Store category | Finance |
| Latest version | 26.1009.05, released October 2026 |
| First released | January 2017 |
| Requires | iOS 17.1 or later |
| Size | 355 MB |
| Age rating | 4+ |
| Languages | 11 (AS, BN, EN, GU, HI, KN, ML, MR…) |
| Bundle ID | com.phonepe.PhonePeApp |
The current version shipped in October 2026, so the app is actively maintained and its label is likely current. Labels are updated by developers when practices change.
What the label cannot tell you
- A label is self-reported. Apple publishes the developer's answers and can reject apps that misrepresent them, but it does not independently verify what PhonePe sends.
- It does not say where data is stored, how long it is kept, whether it is encrypted, or which companies receive it. The privacy policy covers those points.
- Optional data counts: if a feature lets you add something (a profile photo, a phone number), the type is listed even if you never use the feature.
- Data handled only on your iPhone is not 'collected', so a no-collection label is compatible with an app that reads your files locally.
- Third-party sign-in, payment processors and SDKs are supposed to be included, but a label can lag behind a new version.
The question to ask PhonePe's developer: If I lose my phone, how do I lock or recover the wallet?
PhonePe vs similar digital wallets
- PhonePe (this app)
- Purpl Digital Wallet
- Telcoin
- Ubank
- Tether Wallet
- Oriental Wallet
- Anchor Wallet
- Cobo Crypto Wallet
Fewer types is not automatically safer: a cloud backup app has to collect your files to work. Compare like with like.
Look up any of our apps in seconds, or put two labels side by side.
Apps similar to PhonePe
All digital wallets → Who tracks you? A–Z → Apps that collect financial info → Privacy label decoder →
Your PhonePe privacy checklist
Done. You have applied every control the label points to.
True or false?
- Right.Not quite.
True: it lists usage data under Data Used to Track You.
- Right.Not quite.
Labels are self-reported by developers. Apple can reject or remove apps that misrepresent practices, but it does not audit each label.
- Right.Not quite.
True: Financial Info appears on its label, in the Not Linked to You section.
- Right.Not quite.
It is collected and sent; the developer says it is de-identified rather than tied to your account or device.
- Right.Not quite.
Apple's rules require apps to work the same whether or not you allow tracking.