How to Create FamPay Account without a Phone Number

Posted on 10/11/24 03:01 am

How to Create FamPay Account without a Phone Number

Digital payments are gaining popularity in India, especially among younger generations. This trend inspired FamPay to develop a banking payment app for UPI and P2P payments aimed at Indian teenagers.

What is FamPay?

FamPay, or FamApp as it’s now called, enables teenagers to pay bills, split expenses, and track spending—even if they don’t have a bank account. All transactions are securely stored, so users don’t need to worry about the security of their money.

However, one caveat exists: you can complete FamPay account verification only with an Indian phone number. Let’s explore what to do if you don’t have an Indian phone number and review the app’s key features.

What is FamPay?

The app was created in 2019 by Indian entrepreneurs and is available only on mobile devices. Due to its innovative idea, the founders attracted prominent Indian investors with a combined capital of $5 billion, which helped advance the app's development.

FamPay is designed for Indian teenagers aged 13 to 19, offering a way to manage finances, send and receive money, and make digital payments easily. They can make UPI and P2P payments even without a bank account. The app is convenient for paying bills, splitting expenses with friends, and making online and in-store purchases.

FamCard & Rewards

Young users can pay for purchases by scanning UPI QR codes or using the app’s prepaid FamCard. Since it’s prepaid, you need to add funds first. For online payments, you can use a virtual card, while a physical card is needed for offline payments. The FamCard also allows ATM withdrawals, though a fee applies.

FamPay offers rewards through cashback and FamCoins, its in-app currency, for each purchase. Users can earn additional coins by playing in-app games and exploring investment options. These rewards can be redeemed for discounts and promotions.

The app also facilitates fast money transfers from family and friends, which is particularly useful for students studying away from home, as parents can top up their child's account via their bank cards.

FamPool

FamPay includes an in-app feature called FamPool, a shared wallet for family members. An adult family member creates the FamPool account, adds up to two minors, and deposits funds. All members can use this balance for transactions, and the account owner can issue two supplementary cards.

This shared family account allows parents to monitor and control children’s spending while setting limits. FamPay encourages Indian teenagers to manage their finances better, set budgets, and establish spending limits.

FamPay partners with IDFC First Bank, so opening an account on the app also opens a bank account with IDFC.

What is FamPay in Terms of Security?

FamPay takes transaction security seriously. All data is stored securely and protected from third-party access. Each transaction is safeguarded by device locking features, so users don’t need to worry about security breaches. To unlock, users must scan a fingerprint, verify with Face ID, or enter a PIN code.

Additionally, users can block, pause, or change their card’s PIN at any time.

Why Do You Need a Phone Number for FamPay?

An Indian mobile number is necessary for registering with FamPay. You’ll enter a phone number in the sign-up form, receive a FamPay code, and verify your account. This number is also required to link UPI, as each transaction requires an OTP sent by SMS.

If you don’t have an Indian phone number or prefer to keep your personal number private, you can use a temporary virtual number for security and anonymity. These virtual numbers are ideal for receiving a FamPay code.

smsotpverifyoffers disposable virtual numbers or long-term rentals (up to three months) at affordable prices. The platform supports national codes for over 190 countries and over 1,000 global and local platforms.

Purchasing a virtual number through smsotpverify doesn’t require a SIM card, documentation, or leaving home. Simply enter your email, pay for a number, and wait for the verification code.

How to Create a FamPay Account Without a Phone Number

  1. Register at smsotpverify.com using an email or log in with your Gmail.
  2. Add funds to your balance. Click “Top Up” and choose a payment method, such as VISA, AliPay, Payeer, AdvCash, cryptocurrency, and more.
  3. To obtain a phone number for FamPay sign-up, open “Receive SMS” on the left, select “India” as the mobile operator’s country, and find “FamPay” among supported services.
  4. Click the purchase button.
  5. In the “History” section, copy the purchased number and enter it on FamPay’s sign-up page.
  6. Request a code from the payment platform, return to smsotpverify, and click “Receive SMS” next to the number.
  7. Enter the FamPay code to complete account verification.

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