Which Payments App Are You Using? (2021 Edition)

Which BHIM UPI Payments App You Are Using?


  • Total voters
    60

Sai

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2,519
Location
Bharat Ganarajya
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BSNL
So which app you guys use nowadays for paying your local kirana, food orders, transferring money to friends, etc?. What are the pros & cons of the app/services you are using?.
 
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1,494
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Karnataka
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▪️ BSNL Fiber(Direct)
▪️ (Jio Airtel) 4G
These days small businesses have removed the POS machine because of the POS charges they have to pay on each transaction
 
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9,648
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Delhi
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Airtel
@shashankb I had a POS machine (Mswipe), and HDFC suddenly hit us with a 500 monthly low usage charge if we're not making enough transactions. People weren't using these machines during the pandemic. And the most annoying part is that they wouldn't give any SMS notification for that 'fee', which is the case for most merchant accounts, so can't really complain. As expected, majority of users returned the machines.
 

Sai

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2,519
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Bharat Ganarajya
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BSNL
Those MSwipe Calculator like POS devices practically cost them nothing to make and maintain. It doesn't have SIM also. Connects via Bluetooth to phone. They just loot money.
 
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5,130
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@socrateszero Mumbai
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Jio Fiber. FTTH
I use UPI thru banks app only, credit cards & cash in that order if possible.
Suddenly remembered that Amazon Pay is threatening to make my Pay account inactive I don't load money or do kyc. I never even opened that account.

Does one have to load money into Amazon Pay in 500, 1000, 2000, 3000 the options given there? for after clicking on these options it populates another filed where we can make changes. Would it support 100 or 200 bucks via credit card?
 


Last edited:
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9,648
Location
Delhi
ISP
Airtel
I never really had the utility for it to be honest, I offer services and my clients pay through IMPS or NEFT. The branch forced me to take the machine, because I wasn't willing to open the premium current account with them.

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Adithya

away from keyboard
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651
Location
Kerala
ISP
BSNL | Airtel
I use Google Pay mostly for the rewards. If these companies (banks included) are making money of me anyways, I'd like to cash in too.

PhonePe doesn't give anything except the app was faster, bank's app is kind of slow. I'm not familiar with BHIM and Paytm's UPI, are they good?
 
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385
Location
Bolpur, WB
ISP
Alliance BB (AS23860)
@Samuel so, how does it work actually? If I am paying you Rs 1000 using my credit card, how much exactly do you get after settlement? What exactly is the "terms and conditions" of MDR (point 1)?


The local kirana shop asks me to pay the total bill in parts by using the card multiple times, each 600 or 700 rupees. My dad went to buy jewelleries and the shopkeeper asked him to pay extra 2% for credit and 1% for debit cards. I know that's illegal but he is my mother's friend.
 
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9,648
Location
Delhi
ISP
Airtel
This thread has become offtopic. Lol

@royalroy HDFC generally takes 2.75% from each transaction processed using these machines. They were charging me less, because of the industry I selected. The machine I had supported DB, CC via swipe and NFC. It would connect to my phone using Bluetooth and I had an app which would easily authenticate it. IMO it's far easy to collect payments using payment gateways such as Payu and Razorpay. I have Razorpay, Payu and Instamojo. Payu has been pushing me to upgrade my gateway to accept international payments (which I actually require), for which these are the commercials:

Charges - 3% + GST
International Cards accepted will be MasterCard and VISA cards only. (Gateway won't get AMEX or DISCOVER card support).
Note: GST is 18%.
 

Sai

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2,519
Location
Bharat Ganarajya
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BSNL
Karnataka Bank charges 0% up to Rs.2000 for DC and 1.2% for CC. Above Rs.2000, DC 0.9% and CC 1.2%. Some Rs.400 pm rent extra. @Samuel You are being looted by HDFC.

Please split this POS terminal discussion into a different thread.
 
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9,648
Location
Delhi
ISP
Airtel
As I said, I never really used the POS machine. Lol

How much does Karnataka Bank charge to open a current account that gives you a POS machine, and which kind?
 
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959
Location
Kullu
ISP
Maha Medicom
BSNL BharatFiber
Karnataka Bank charges 0% up to Rs.2000 for DC and 1.2% for CC. Above Rs.2000, DC 0.9% and CC 1.2%. Some Rs.400 pm rent extra. @Samuel You are being looted by HDFC.

Please split this POS terminal discussion into a different thread.
Same on axis PoS machine. No rent for me as i took a prime buisness account with MAB @50K
 

Sai

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2,519
Location
Bharat Ganarajya
ISP
BSNL
Karnataka Bank gives POS machine without any drama for the basic current account having following minimum balances:
  • ₹3,000 (Rural/Semi Urban)
  • ₹5,000 (Urban/Metro).