Which Bank/Service provider offers lowest MDR?

[rdargar]

I am self employed individual.
I am looking to accept payment via link (No website) ; The main reason is two of our customers are saying they wish to use their CC to make payment and they are high valued customers and loyalty can't be expected in today's time.
I previously wrote post but not much responses.
I am open to opening a fresh current account the receivables will be in the range of 1-3 Lakh (Aggregate)(50-90k size) . I have read people'smoney got blocked.
I will not be using my CC to make payment , but at the same time I do not want the hassle.

What's the best solution.
For beggining I started using Stripe but they settle after 2 weeks and a hefty 2% flat charge.

 

[Abhishek012]

No, normal hdfc pos machine and with smarthub vyapaar, also we can get payments through sms link.

I saw there is an option but never tried

Use the sms link, if MCC Code eligible then you will get credit card rewards/cashback.

 

[Sobirvs]

Use the sms link, if MCC Code eligible then you will get credit card rewards/cashback.

when maximizer is thr, why even take 1.5% of loss lol

 

[kartech]

Not interested in biz black, only infinia. The biz is under mom's name in papers, and I and my brother are interested in infinia and they won't give it to us for a biz based on mom's name. Anyways, infinia we can manage on our own, POS pricing is more important. Infinia we can save few thousand rupees for offers but in business we can't think abt small money compared to business revenue... If I bring up "infinia/biz black" to my dad, he will say, kaam pe focus kr, chindi chori pe nahi.

And not interested in average bal too, more interested in huge credit line that helps when festive season comes.

won't biz black help you with the regular gst/IT/utility payments for business?

recently I've decided to enter this cc game and get my first card, as well as setup a pos machine for business but the mdr hurts too bad. I dont think it is okay to charge extra mdr charges to the customers WHO want to swipe their cards. basically they want credit for atleast 30 days.
had pos machines like 10 years back and then removed all due to the headache of account maintenance/tracking and settlement issues.
currently using dynamic QR with remarks field set to invoice # to auto-capture the details from bank statement