Phonepe: cashback upto RS 100 on money transfer gone live

Phonepe offer earn cashback upto ₹100 on 20 unique transaction gone live.Get ₹50 when you transfer a minimum of ₹500 to ten different PhonePe users during the offer period
Get an additional ₹50 when you transfer a minimum of ₹500 to twenty different PhonePe users during the offer period
What is the eligibility criteria?

Offer is eligible only for money transfers done using UPI
Each money transfer must be for a minimum of ₹500
Each of the recipients of the money transfer must be different PhonePe users
Each of the recipients need to have a different bank account linked to their PhonePe account
Money transfer must be to a PhonePe user (user registered on PhonePe with their bank account linked, or to a PhonePe UPI ID)
Offer is not eligible for money transfers made to a non-PhonePe UPI ID or to a bank account (using account number and IFSC code)
Money transfer must be initiated and completed on the PhonePe app using a PhonePe linked bank account and not with any other UPI enabled application
What is the offer duration?

Offer is valid from midnight, 16th July 2018 and is valid till 11:59:59 PM, 22nd July 2018
How many times this offer can be availed?

This offer can be availed once per user/bank account number/mobile number/mobile device.pm me for exchange.transaction amount is of RS 500