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BharatPe's PoS vertical turns profitable within 2 years of launch

BharatPe is the No. 2 private POS player in the country with an installed base of close to 2 lakh machines across more than 250 cities in the country, the firm said in a statement

BharatPe
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The company’s POS business processes payments of over $4 billion annually on its machines

Aryaman Gupta New Delhi
Fintech platform BharatPe has announced that its point of sale (POS) platform, BharatSwipe, has turned profitable within two years of its launch.

Launched in the second half of 2022, BharatSwipe now contributes to over 20% to the overall payments Transaction Processed Value (TPV) of the company annually, the firm revealed.

BharatPe is the No. 2 private POS player in the country with an installed base of close to 2 lakh machines across more than 250 cities in the country, the firm said in a statement.

The company’s POS business processes payments of over $4 billion annually on its machines.

“BharatSwipe

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First Published: Sep 29 2022 | 11:27 PM IST

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