feedback? - bharatpe card swipe machine - any users ?

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Deal Subedar
vickyVicky

Any 1 have  Bharatpe card swipe machine ?
No MDR (on any card types), no monthly fees, just 15 days money locked & 1 life time fee.
Need your feedback….

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Deal Cadet Deal Cadet
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+1
anyone using pls share your experience

Deal Subedar Deal Subedar
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If MDR = 0, how are they making profit?
They will be paying at least 1% to VISA/Master CCs and banks.

Any catch here like monthly retention fee/admin fee/processing fee apart from one time fee? Are there any restriction on monthly turnover?

Deal Subedar Deal Subedar
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ramadesidime wrote:

If MDR = 0, how are they making profit?
They will be paying at least 1% to VISA/Master CCs and banks.

Any catch here like monthly retention fee/admin fee/processing fee apart from one time fee? Are there any restriction on monthly turnover?

No MDR, no monthly payments.

Some security deposit is there, which will be refundable after deducting 100 RS per month for usage for each months used, upon returning machine.
Only thing is 15 days money lock period, they may be profited.
And if machine repairs, what’s the solution – is don’t know

Deal Cadet Deal Cadet
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vickyVicky wrote:

No MDR, no monthly payments.

Some security deposit is there, which will be refundable after deducting 100 RS per month for usage for each months used, upon returning machine.
Only thing is 15 days money lock period, they may be profited.
And if machine repairs, what’s the solution – is don’t know

How much is security deposit?

Deal Subedar Deal Subedar
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vickyVicky wrote:

No MDR, no monthly payments.

Some security deposit is there, which will be refundable after deducting 100 RS per month for usage for each months used, upon returning machine.
Only thing is 15 days money lock period, they may be profited.
And if machine repairs, what’s the solution – is don’t know

If we consider 12% interest , they will make at max Rs500 per 1L.
They will be paying more than Rs500 for VISA/Master and the CC issuing bank.

It will be loot, if there are no additional charges.

Hint: One can start small CC to Bank transfer kiosk in every city and make profit. Please take the machine and update the thread after using this POS machine for couple of weeks.

Deal Cadet Deal Cadet
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ramadesidime wrote:

If we consider 12% interest , they will make at max Rs500 per 1L.
They will be paying more than Rs500 for VISA/Master and the CC issuing bank.

It will be loot, if there are no additional charges.

Hint: One can start small CC to Bank transfer kiosk in every city and make profit. Please take the machine and update the thread after using this POS machine for couple of weeks.

They can change t and cs anytime right ? Like dhani card

Deal Subedar Deal Subedar
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Seems trustworthy. Giving ads with cricketers in TV.
Gonna book one

Critic Critic
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https://bharatp...m/
Site mentions BHIM UPI only and not Mastercard or Visa. Seems payment will be routed through UPI gateway
“Accept payments from any UPI app – PhonePe, PayTM, Google Pay, BHIM and 150+ others with your BharatPe QR. Payments get settled in your bank account”

Deal Captain Deal Captain
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vickyVicky wrote:

Seems trustworthy. Giving ads with cricketers in TV.
Gonna book one

Deal Subedar Deal Subedar
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@Astraa I don’t know Hindi, I guess while returning device, 18% of refundable amount is charged – it’s fine. And for all months used monthly charge will be captured while returning. Which is also fine…
I guess no one needs to return…. Also there is no monthly mandatory transactions have to happen kind of rule… So only deposit is charge….

Deal Subedar Deal Subedar
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vickyVicky wrote:

@Astraa I don’t know Hindi, I guess while returning device, 18% of refundable amount is charged – it’s fine. And for all months used monthly charge will be captured while returning. Which is also fine…
I guess no one needs to return…. Also there is no monthly mandatory transactions have to happen kind of rule… So only deposit is charge….

https://www.facebook.com/BharatPeIndia/re...s/

The reviews are too bad considering the support from them.

But they have invested heavily, the owner may be good but support employees may be not.

Deal Subedar Deal Subedar
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ramadesidime wrote:

https://www.facebook.com/BharatPeIndia/re...s/

The reviews are too bad considering the support from them.

But they have invested heavily, the owner may be good but support employees may be not.

Without MDR charges this is a great thing. Merchants can save a lot.
Only thing if we return monthly charges will come right! Why need to return? We can simply keep it for life time….
Device should not be fallen down, only then machine will stop working. And ink problem… What else ?! That needs to be reported to customer care…. Then how many are saying, worst service, where as service will need to be arise after usage only….
I heard they  only have limited machines and couldn’t able to allot for many, this those feedback…
What do you feel ?

Deal Subedar Deal Subedar
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vickyVicky wrote:

Without MDR charges this is a great thing. Merchants can save a lot.
Only thing if we return monthly charges will come right! Why need to return? We can simply keep it for life time….
Device should not be fallen down, only then machine will stop working. And ink problem… What else ?! That needs to be reported to customer care…. Then how many are saying, worst service, where as service will need to be arise after usage only….
I heard they  only have limited machines and couldn’t able to allot for many, this those feedback…
What do you feel ?

First thing, What is the guarantee that they would pay the money on-time, when there is no support from them?

Community Angel Community Angel
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vickyVicky wrote:

Without MDR charges this is a great thing. Merchants can save a lot.
Only thing if we return monthly charges will come right! Why need to return? We can simply keep it for life time….
Device should not be fallen down, only then machine will stop working. And ink problem… What else ?! That needs to be reported to customer care…. Then how many are saying, worst service, where as service will need to be arise after usage only….
I heard they  only have limited machines and couldn’t able to allot for many, this those feedback…
What do you feel ?

This machine is utter useless , instrument to loot buyers

Deal Subedar Deal Subedar
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drupal wrote:

This machine is utter useless , instrument to loot buyers

How are you saying ? Please elaborate what you saw/felt ?

Community Angel Community Angel
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vickyVicky wrote:

How are you saying ? Please elaborate what you saw/felt ?

for what pupose you are willing to get this machine ?
This machine has zero benefits

Deal Cadet Deal Cadet
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Anyone using this? Share your review

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