BharatPe

BharatPe is India's leading payment platform enabling merchants to accept digital payments through a universal QR code. With zero UPI transaction fees, business loans up to Rs.10 lakhs, and 12% investment returns, it's an ideal fintech solution for growing businesses across India's diverse market landscape.

India ★ 4.2/5 Security: A+
★ 4.2 Rating
10M+ Downloads
0% - 2% Pricing
A+ Security

Overview

BharatPe is India’s leading fintech platform that provides comprehensive payment solutions for merchants and businesses. Founded in 2018, the platform enables merchants to accept digital payments through a single QR code that works with all major UPI apps, including Google Pay, PhonePe, Paytm, and over 150 banking applications.
The platform serves small to large businesses across India, offering not just payment acceptance but also business loans, investment opportunities with up to 12% annual returns, and various financial services. With presence in 450+ cities and facilitating over Rs. 1700+ billion in payment transactions, BharatPe has become a trusted partner for millions of Indian merchants looking to digitize their business operations.

Key Features

Universal QR Code

Accept payments from all UPI apps with single QR code

BharatSwipe

Card payment acceptance for debit and credit cards

Business Loans

Instant loans from Rs.10,000 to Rs.10,00,000

Investment Options

Earn up to 12% annual interest on account balance

Instant Withdrawals

Direct money transfer to bank accounts

Multi-payment Support

UPI, cards, wallets, and bank transfers

Business Analytics

Transaction tracking and business insights

Pros & Cons

Advantages

  • Zero transaction fees for UPI payments
  • Single QR for all payment apps
  • Quick business loan approval
  • High interest earnings on deposits
  • Instant money withdrawals

Limitations

  • Higher interest rates on loans (21-30% APR)
  • Limited to Indian market only
  • Processing fees up to 2% on loans
  • Requires extensive permissions
  • Customer support can be slow

Security Features

All transactions are secured with end-to-end encryption

Fully compliant with Reserve Bank of India regulations

Loans provided through RBI-approved NBFC partners

Adheres to Indian data protection guidelines

Location and contact permissions used only for credit profiling

Pricing & Fees

ServiceFeeDetails
UPI PaymentsFreeNo charges for receiving UPI payments
Card Payments0.9% - 1.99%Varies by card type and transaction volume
Business Loans21% - 30% APRProcessing fees 0% - 2% of loan amount
Account Balance InvestmentFreeNo fees for earning up to 12% interest
Money WithdrawalFreeInstant transfer to bank account
QR Code GenerationFreeNo setup or maintenance charges

Getting Started

1. Download the App
Install BharatPe for Business from Google Play Store or Apple App Store on your smartphone
2. Complete Registration
Enter your mobile number, verify OTP, and provide basic business details like name and category.
3. Upload Documents
Submit required KYC documents including Aadhaar, PAN card, and business registration proof for verification.
4. Generate QR Code
Create your unique payment QR code that accepts payments from all major UPI applications.
5. Set Up BharatSwipe (Optional)
Order card swipe machine if you want to accept debit/credit card payments physically.
6. Start Accepting Payments
Display your QR code and begin receiving digital payments instantly from customers.
7. Access Additional Services
Explore business loans, investment options, and other financial services available on the platform.

Detailed Ratings

Ease of Use
8.5/10
Security
9.0/10
Customer Support
7.0/10
Features
8.0/10

Final Verdict

BharatPe offers a comprehensive payment solution ideal for Indian merchants seeking digital transformation. While loan interest rates are relatively high, the platform’s zero-fee UPI payments, instant withdrawals, and additional financial services make it valuable for small businesses. The recent RBI authorization enhances credibility and security.