Royal Finserv Consultants Pvt. Ltd. launches its UPI payment app, RoyalPe UPI ATM, a new way to withdraw money online directly from a bank account, allowing merchants to simplify the life of their customers while generating revenue for themselves. Royal Pe allows you to avail facilities such as 24×7 Cash transactions, records of all your daily, monthly and total transactions, 3-way collection features to facilitate Cash Withdrawal, daily and monthly earned Commission statistics, along with features like Send Request, Dynamic QR, and Static QR, 8×8 Support system, Online Technical training and Support and so much more.
The app facilitates a maximum of 10 transactions to a merchant from his/her VPA Per day. Service provider merchants can facilitate a maximum amount of INR 1,00,000/- Per Day from UPI. There is also a commission for the merchant for each cash payment made by him/her to a customer. They can earn up to INR 2000 per day via RoyalPe.
In order to help merchants grow their businesses, RoyalPe will soon provide them with the facility to pay any and all bills via Bharat Bill Pay. Bharat Bill Payment service offers a wide range of services for customers across India and thereby opens a huge income opportunity for Merchants to earn through BBPS Services. BBPS service includes Multi Recharge, Electricity Bill Payment, Fastag Recharge, Water, Gas, Postpaid Bill Payment, School Fee, Loan EMI Payment, Insurance EMI Payment, Municipal Taxes.
Merchants can also send money to any Bank account or UPI ID 24×7 using this service. A Merchant can facilitate INR 1 Lac transfer to a VPA/ UPI ID and can charge up to 1% for such payment facilitated. Through Money Transfer Via UPI Merchant can earn INR 800* for a single transfer of INR 1 Lac.
Royal Pe has build it’s application in API of ICICI Bank and it has an approved VPA, “royalpay@icici”.
Mr. Aditya Srivastava, CEO of Royal Finserv Consultants said, “We are proud to be taking part in PM Mr. Narendra Modi’s vision of ‘Cashless India’ through the launch of our app RoyalPe UPI. RoyalPe UPI allows you to carry out all your online transactions smoothly and in a hassle-free manner. As a financial services platform, RoyalPe UPI unlocks the potential of open banking to deliver financial and processing benefits to merchants, and at the same time offers their customers a simple, speedy, secure way to get cash. We hope the people of India accept our app with open arms.”
About Royal Finserv Consultants Pvt. Ltd.
Royal Finserv Consultants Pvt. Ltd. is a corporate channel partner with all the private, nationalized banks & NBFCs. It works as a comprehensive financial planning consultant. RFCPL deals with all the financial products like secured & unsecured loans, Credit Cards, Gold loans, Auto Loans, LAS, etc. the company has started the sales & distribution of some new competitive products like the sale & installation of swiping machines, Life & General Insurance, etc. Royal Finserv Consultants Pvt. Ltd is spread across India with more than 550+ branches. RFCPL has explored wider competitive dimensions of business, client base through a dynamic combination of networking and product mix.