How do we know?: We noticed that under each of these posts, the links shared to avail these 'schemes' did not carry the name of the organisations.
PhonePe
Every offer claiming to share a PhonePe scheme showed a link reading 'get.offer.com'.
Clicking on these links led us to a website called 'festix.in', which was inaccessible at the time of writing this report
When we looked up the domain registration details for this website, we saw that the link was registered in 2024 and in the United States of America.
We compared this to PhonePe's actual domain registration details, which showed that the company's website was registered in 2015, through domain registration website GoDaddy.
PhonePe announces all its offers and rewards on its social media pages, some of which can be seen on their Instagram page.
Some of these posts informing users about cashback offers can be seen here.
A blogpost shared under the 'Trust and Safety' page on their website, which addressed cashback fraud using PhonePe's name shared additional information.
It categorically stated that "any URLs, social media posts, or phone calls promising Cashback are misleading," telling users that they did not have to take any additional action to avail cashback.
Jio's Holi Offers
Just like the links above, the offer claimed to be provided by Jio, too, carries a link that does not resemble the link to their official website.
The link under these posts reads 'festivvholiioff.xyz' and the text with it tells the users, "You've Won Google Pay Reward."
When one clicks on this link, it redirects to page talking about a 'Pradhan Mantri Mudra Yojana', offering users ₹1,999 "for free in your bank account."
While the Pradhan Mantri Mudra Yojana (PMMY) is a legitimate scheme by the government, it has to do with offering loans to small, micro, medium, non-corporate, and non-farm entitites, up to the amount of ₹20 lakh.
The Press Information Bureau (PIB) had called this graphic 'fake' in a 2024 post on X (formerly Twitter).
Conclusion: Neither PhonePe nor Jio have announced any such cashback offers as the posts claim.
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