BharatPe for Merchants

BharatPe

Contains ads

About this app

Introducing BharatPe
BharatPe is a comprehensive payment app allowing you to accept UPI and card payments from any app. A single QR code enables merchants to seamlessly accept payments from Google Pay, PhonePe, Paytm, BHIM, Amazon UPI, and over 150 other banking apps. BharatSwipe supports both debit and credit card payments. Over 7 million merchants rely on BharatPe for their payment solutions. Invest your earnings to earn up to 12% annual interest and obtain loans to grow your business at competitive low interest rates.

Accept all Types of Payment
BharatPe enables you to accept payments from all major UPI apps like Paytm, PhonePe, and Google Pay without any fees. Additionally, customers can pay through multiple modes like Bank Account, RuPay Credit card and Wallet etc.
You can also withdraw money instantly and transfer it directly to your bank account.
Business Loans Made Easy
Expand your business with BharatPe's low-interest loans and a hassle-free, 100% online application process that requires no paperwork, collateral, or guarantees. Repay your loan effortlessly through Easy Daily Installments (EDI).

Loan Repayment Terms:
Repay in Easy Daily Installments (EDI).
Loan Tenure: 3 months to 15 months
Minimum Tenure: 3 months
Maximum Tenure: 15 months

Interest Rate - Annual Percentage Rate (APR):
APR is communicated on the BharatPe App while taking a loan.
Ranges from 21% - 30%
Minimum APR: 21%
Maximum APR: 30%
Amount: Rs. 10,000 to Rs. 10,00,000
Processing fees: 0% to 2%

An example:
Loan Amount: Rs. 1,00,000
Tenure: 6 months
Interest Rate (APR): 24% per year
Repayment Amount: Rs. 1,12,000
Total Interest Payable: Rs. 100,000 x 24%/12*6 (6 months) = Rs. 12,000
Processing Fees (incl. GST): Rs. 2,000
Disbursed Amount: Rs. 100,000 (Loan Amount) - Rs. 2,000 (Processing Fees) = Rs. 98,000
Total Amount Payable: Rs. 1,12,000 (EDI of 722)
Total Cost of the Loan: Interest Amount + Processing Fees = Rs. 12,000 + Rs. 2,000 = Rs. 14,000

NBFC partners:
Loans are offered in collaboration with RBI-approved NBFCs, such as LendenClub (Innofin Solutions Private Limited), Liquiloans (NDX P2P Private Limited), Trillions (TRILLIONLOANS FINTECH PRIVATE LIMITED), ABFL (Aditya Birla Finance Limited), and Arthmate (Mamta Financing India Private Limited). The NBFC's sanction letter is displayed in the app and shared as a notification.

Earn up to 12%
Enjoy up to 12% interest on your BharatPe account balance, credited daily. Add funds or request withdrawals at your convenience, knowing your money is securely invested with our RBI-approved NBFC partners.

Permissions
In accordance with National Payments Corporation of India (NPCI) regulations, SIM binding (Send and Receive SMS) is required from the user's device to authenticate and authorize UPI payments. Additional permissions, such as Location and Contacts, are necessary to create your credit profile and provide loan offers. To review our privacy policy, please visit: Privacy Policy - BharatPe
Please note that BharatPe is the brand name of the application launched by Resillient Innovations Private Limited. BharatPe is our developer name.
Contact Information:
[phone]
[e-mail]
Home - BharatPe
Head Office:
Resilient Innovations Private Limited
Address: 7th and 12th Floor, Building No. 8 Block-C, Cyber City DLF City
Phase 2 Road, Gurugram, Haryana, 122008.

Ratings and reviews

There are many problems with this app. You have to turn on location as soon as you open this app, & there is no feedback option in this. And there is no fast payment settlement in this. Due to which there is a lot of problem. The payment should be settled in 5 seconds. 👉Like we have ₹500 in our account and someone made a transaction of ₹15000 on Bharat Pay, out of which we have to transfer ₹10500 to someone else. So problems arise due to lack of fast settlement.😔😴😡

After 2 months of installing this app,the qr code stopped working Customer's are not able to do payments using qr, it's showing receiver's upi id is not available I contacted customer care and raised a ticket, after submitting all the proofs and after 3 days , they closed the ticket saying issue is solved But again when Customers scanning the qr , same thing is showing that receiver's upi id is not available ,then how customer support can show that issue is resolved now

As there is no option of negative points other wise I give minus marking to this app . Useless, very bad app. My sound box is not working and there is no response from company side Because of this my customers are unable to make payment। Whenever I call them they say that your request is highlighted but still sound box is not replaced. So, as per my opinion I never suggest this app.

What's new

Performance improvements and bug fixes.