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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 Subedar Deal Subedar
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+1
anyone using pls share your experience

Helpful Helpful
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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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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

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Deal Cadet Deal Cadet
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Kindly better to contact CC

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

Deal Major Deal Major
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Benevolent Benevolent
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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 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….

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Deal Cadet Deal Cadet
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Anyone using this? Share your review

Deal Newbie Deal Newbie
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Worst machine ever network issue 2% card settlement charges for all cards Debit credit 100 rs depreciation per month from purchase of machine worst experience specially don’t take there loan you will get harrassed on daily payment

Finance Mentor Finance Mentor
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Thanks

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Deal Newbie Deal Newbie
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Worst service don’t use this app all illiterate sitting in call centers just cheating public looting public money

Deal Subedar Deal Subedar
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It’s a good machine. Why what happened? What was your issue?

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Helpful Helpful
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Since it has no MDR charges can I get this machine for personal use for credit card money rotation? Anyone tried?

Deal Cadet Deal Cadet
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Bumping this up… Anyone using this machine ? I’m considering getting it and some people are telling me not to as there is a possibility of money getting stuck with them and lack of support?

Deal Newbie Deal Newbie
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the swipe machine Dynamic QR function not functioning from the start only. Many times I have contacted raised a query to bharatpe no one is attending the problem just delaying the problem. The worst thing is that they automatically flag the ticket as a resolved even if my problem is not removed. Now its been 1 month 

https://cdn0.desidime.com/attachments/photos/759027/medium/Screenshot_20220412-210715_BharatPe.jpg?1649777849

Deal Cadet Deal Cadet
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now they are charging mdr fees.. not free now

Deal Subedar Deal Subedar
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bro can u send link or pdf or image of new policy?
Deal Newbie Deal Newbie
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Using swipe machine since 18months  Paid 5K as deposit  Machine working fine No MDR on any transactions so far Money collected can be settled to bank after 15 days,  so a lockin period.  Incase you need, pay MDR.
This was story till today i.e. 15 Jul 2022, new oolicy enforcing from 16th July 2022 in which there is MDR etc.  Good luck
Pro Analyst Pro Analyst
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Today is 14th of July, 2022.
Deal Newbie Deal Newbie
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yes.now charges are  starting .Now THER IS NO DIFFERENCE WITH BHARATPE MACHINE AND OTHER BANK SWAP MACHINE, please becareful

 

Deal Newbie Deal Newbie
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hoow much is the mdr fees now?

Deal Newbie Deal Newbie
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Swapping maximum limit ?

Deal Newbie Deal Newbie
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machine me jo bhi card swioe karte hai card bloked hojata hai koi solution hai

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