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
- Zero transaction fees for UPI payments
- Single QR for all payment apps
- Quick business loan approval
- High interest earnings on deposits
- Instant money withdrawals
Cons
- 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 Analysis
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
How To Get Started
Download the App
Install BharatPe for Business from Google Play Store or Apple App Store on your smartphone
Complete Registration
Enter your mobile number, verify OTP, and provide basic business details like name and category.
Upload Documents
Submit required KYC documents including Aadhaar, PAN card, and business registration proof for verification.
Generate QR Code
Create your unique payment QR code that accepts payments from all major UPI applications.
Set Up BharatSwipe (Optional)
Order card swipe machine if you want to accept debit/credit card payments physically.
Start Accepting Payments
Display your QR code and begin receiving digital payments instantly from customers.
Access Additional Services
Explore business loans, investment options, and other financial services available on the platform.
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.
