If your PhonePe account is sufficiently funded, you can easily accept payment requests from online betting sites. On the other hand, if your PhonePe account does not have available funds, you will be given an option to load your PhonePe wallet using your linked bank account. In other words, you will be transferring funds from your bank account to your PhonePe wallet. The process is simple and instant, and your bank account details are not divulged. It is not, in any way, shared with the online betting site.