It has to be Zerodha Kite’s ability to switch between Exchanges once I select a Scrip to Buy/ Sell:
All achieved by 2 radio buttons here ‘NSE’ and ‘BSE’
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There are a tonne of features that I like:
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GTT orders so that I can enter the price that I want to buy for a stock and I then dont have to open the app daily and place an order. Its different than limit order as limit order deducts money up front.
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I am a big fan of indwealth’s daily update of the portfolio on whatsapp, saves me the trouble of looking, opening the app and giving me the information that I need.
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On tickertape I love how they show the dividend history, it’s quite clean.
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Safe to spend on walnut.
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How much money you are owed by splitwise. Splitting the bills among flatmates is itself a very amazing feature.
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Rewards on one card is pretty slick - gives it in the whole amount and I can even receive the rewards in decimal points also. That feels good, but their rewards are so less that I don’t use it except forex and that also as I don’t have a niyo zero forex card.
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PhonePe is undoubtedly the best app for payment. Very fast & so secured. Never fails to pay. Very much satisfied with the service.
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Money tap is very good & fast. I really like it EMI facility of RBL Credit Card and Its rate of interest is also low.
12% interest A/C on BharatPe
I am hearing this for the first time? Can you or someone who’s used this tell us more?
This seems like an asset class everyone would want to invest in from a payments company 
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Sure @sneh.baxi. BharatPe has an Interest A/C which lets you invest your collections done on BharatPe QR with RBI Regulated NBFCs. You earn a 12% interest on the money invested.
The amount is also completely liquid - you can spend it via a debit card provided by BharatPe or redeem it to your bank account anytime. There is, however, a cap of 3L investment.
Disclaimer - I was previously employed at BharatPe.
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Just read a little more about this! Only for merchants and that too only money received through their own QR code txns. At the back end this is used for P2P finance, so there is even risk of capital loss. So this 12% is also upto at the very least.
Definitely not an investing asset class because of the above constraints. Thanks for sharing this!
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@sneh.baxi I strongly disagree. P2P Lending is definitely an alternative investment class.
This is not exclusive to just P2P lending, you have risk of capital loss in any investment you make, especially equity based.
The risk premium is definitely worth it if the lender has strict risk policy and strong collections. Mutual funds invest in corporate debt because we trust the AMC to do their Due Diligence. The same logic and math apply here. P2P Lending also has superior cashflow and liquidity because of payouts every month.
The access to product is limited but only in the case of BharatPe. There are multiple other platforms where you can invest in P2P portfolios.
I do not think P2P should take up the majority allocation of your portfolio but dismissing it as an investment opportunity is not right.
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As far as interest income is concerned, people tend to perceive it as a fixed income investment, much rather like FD or a bond (both could have some degree of risk of capital loss - extreme scenarios). Wouldn’t equate this product in the same realm as this.
Not dismissing it as an asset class, I meant this product cannot serve that purpose for someone like you and I as we are not merchants who receive income through QR codes.
I myself am dabbling amongst some choices to start of P2P fianncing investment. Just got myself registered on Faircent. You got any thoughts? Starting a separate thread for the same!
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