Paytm Card Swipe Machine - Smart EDC Reader

Paytm Card Swipe Machine - Smart EDC Reader

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Pikachu
Deal Subedar
87
1054
42

Any one has Paytm Card Swipe Machine ?
- Smart EDC Reader L1 or L2 or L3
How to get it ? Have registered still no response !
Is Current account with them is mandatory – to get these card readers ?!

9 Comments  |  
5 Dimers
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Deal Cadet
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Minimum revenue is mandatory plus they charge monthly rent

Pikachu
Deal Subedar
87
1054
42
karanoshan wrote:

Minimum revenue is mandatory plus they charge monthly rent

Monthly rent is ok, coz we badly need a one.
Can’t use with smart phone. Need a standalone one. Bank’s POS charges are very high. Buying from 3rd party own websites like payswipe, eswipw or waste, if the machine is not owrking – they wont help. All money will be waste.
So planning to buy from nice trusted brand like paytm….
Do you know that exact revenue ?

Lord of love radha and krishna by parth27 d5gnfyw %281%29
Deal Subedar
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vickyVicky wrote:

Monthly rent is ok, coz we badly need a one.
Can’t use with smart phone. Need a standalone one. Bank’s POS charges are very high. Buying from 3rd party own websites like payswipe, eswipw or waste, if the machine is not owrking – they wont help. All money will be waste.
So planning to buy from nice trusted brand like paytm….
Do you know that exact revenue ?

How much is bank charging

Pikachu
Deal Subedar
87
1054
42
Expand
AnnamalaiNryaa wrote:

How much is bank charging

Banks – 600 per month
Paytm – 500 per month
MDR rates too lesser with paytm

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Deal Cadet
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vickyVicky wrote:

Monthly rent is ok, coz we badly need a one.
Can’t use with smart phone. Need a standalone one. Bank’s POS charges are very high. Buying from 3rd party own websites like payswipe, eswipw or waste, if the machine is not owrking – they wont help. All money will be waste.
So planning to buy from nice trusted brand like paytm….
Do you know that exact revenue ?

Try JIO pos once.. one time 3000, no monthly rent.. However, mdr is there.

Pikachu
Deal Subedar
87
1054
42
Expand
Ramesh1997 wrote:

Try JIO pos once.. one time 3000, no monthly rent.. However, mdr is there.

It’s only for the kirana shops tied up with Reliance, Spencer’s, more and etc.
Not for common public, yet, they will bring late.
If you have bought one, let me know where to get.

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Deal Cadet
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vickyVicky wrote:

It’s only for the kirana shops tied up with Reliance, Spencer’s, more and etc.
Not for common public, yet, they will bring late.
If you have bought one, let me know where to get.

I have seen it with a kirana shop, but that’s not tied up with those brands.. so it was for common public stores..

+ will check how they got it & will inform u the next time i go there

Pikachu
Deal Subedar
87
1054
42

Paytm POS machine:
https://m.imgur.com/a/...hO
Registering through website no one takes seriously and gives a machine. After taking to Twitter, within days representative pinged and I got Paytm POS device.
The plans in the image (for Tamilnadu area) differs from their website.
KVB bank gives free machine if you have/open current account with them, and maintains minimum 5L.
If minimum is 3L, half of 650 monthly rate applies. If below 3L, 650.
Payswiff :
Don’t buy in Flipkart/Amazon you need to pay extra amount. If night from their website just below price.
MONTHLY PKG
Basic 1000+Gst=1180
from 2nd month onwards rental charges
MMC without sim= 400+Gst=472
MMC with sim=450+Gst=531
2.YEARLY PKG
standard-4000+Gst=4720
from 2nd year onwards rental charges
AMC without sim=4000+Gst=4720
AMC with sim=4500+Gst=5310
3. Life time package -10000+Gst=11800
after 3yrs every yr rental charges 2400+18%
—— don’t got life time package seeing lesser price…..
We previously had mobiswipe. Bought life time package which is just 8000 and no monthly rates…. But what happened is within 1.5 years it was stopped working, on asking them they said you might have dropped it. So won’t refund/repair.
It’s always best to go with monthly packs. Or go with best brands like banks or paytm, we can demand or take to Twitter to repair it goes fault…. I don’t know how is payswiff even it’s life time package seems best price, but there may be check.
@Ramesh1997 thanks bro.

Roger federer photos 9 150x150
Deal Subedar
109
1051
36

always go for pos through banks
in case of dispute , banks have fair dealing , there is mechanism for things.

can’t trust these for few hundred bucks

bob reduced rent 225+gst upto march 2020.

thereafter Rs. 475/- plus GST per month.

Merchant discount rates (MDR) :

Debit card : Nil upto transaction amounting to Rs. 2000/- 0.90% plus GST for transactions above Rs. 2000/-

• Credit card: 1.99% plus GST for transactions of any amount.

Other key Features:

• No Installation charges.

FDR for POS machine as a security can be waived for reputed customers.

• 50% concession in montly rentals for Baroda Premium Current Account.  aka 25000 avg balance

• 100% concession in monthly rentals for Baroda Premium Privilege Current Account. aka 200000 avg balance

• No late settlement Charges. •

No charges for duplicate statement. •

NO/ NIL MDR for Petrol Pumps/ Gas Agencies.

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