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Viewing profile — sudshekhar

sudshekhar

HN member
Joined
Thu, Oct 20, 2016, 4:41 AM UTC
HN karma
190
Public activity
116 items

About sudshekhar

Building Cheq UPI - A better payments app for foreign nationals and NRIs visiting India.

We help you make cashless spends at over 55 million+ merchants across India.

learn more: https://www.chequpi.com

Recent public activity

  1. comment
    Comment #40796716

    The term "Conspiracy Theory" itself needs more scrutiny, IMO. The range of arguments which may be called "conspiracy theories" is far and wide. And the truth about many theories on…

  2. comment
    Comment #37595917

    https://www.unionpayintl.com/en/aboutUs/companyProfile/intro... Seems like a funny coincidence Or maybe UPI becomes like the new https. Each country implementing its own versions

  3. comment
    Comment #37595189

    Yes, We'll just have to update your account with the latest passport/OCI proof. Your account balance and history will remain consistent and untouched.

  4. comment
    Comment #37592839

    More than connections, you need luck and persistance. The process itself is doable. But not easy. These are the steps you'll have to follow if you plan to launch a new UPI app: Fir…

  5. comment
    Comment #37592735

    Our app should be available in most countries and locations. Does this link not work for you? https://link-to.app/cheq Can you try searching for Cheq in your app store/playstore an…

  6. comment
    Comment #37592676

    Once we have ACH/SWIFT running smoothly, we'll start offering even lower rates Adding funds via credit/debit card incurs an hefty merchant commission. And hence, no forex company c…

  7. comment
    Comment #37585041

    The 3.5% is basically the international credit card markup, cheq doesn't make any money on this. A flat $30-$50 fee will easily cover for most of these costs though. We can cover t…

  8. comment
    Comment #37584972

    In our case, it was someone from the RBI

  9. comment
    Comment #37584914

    I agree. In principle, there shouldn't be a concern allowing people to access their own money from anywhere in the world. However the product category itself is very new right now.…

  10. comment
    Comment #37584773

    Once passport/visa expires, we're supposed to disable the account We'll have to verify the new documents and enable the wallet again.

  11. comment
    Comment #37584719

    We're passing on the wholesale rate to our customers. And plan to keep optimising these costs with time and volumes. Also, loading Cheq with INR is not allowed for foreign tourists…

  12. comment
    Comment #37582383

    I can understand why 3.5% might sound high. But cross border payments are expensive to facilitate. And this is the best rate we've been able to figure out currently. Btw, In the US…

  13. comment
    Comment #37582264

    > And even if that would be OK, where and when? https://transcorpint.com/find-us Multiple branches. We can also arrange for at home verification. > The bullet points suggest that t…

  14. comment
    Comment #37581895

    You can of course use your credit card / cash to make spends while travelling in India as well. But UPI will feel more convenient. And it works everywhere.

  15. comment
    Comment #37581854

    We support both platforms. Our download redirects to the android playstore by default on desktop. But if you open it on the iphone, it will take you to the app store. https://link-…

  16. comment
    Comment #37581654

    Please drop me a note on sudhanshu[at]cheq[dot]money Happy to chat.

  17. comment
    Comment #37580729

    We did try pushing for an online account opening process. However, it's not allowed under existing India regulations. We plan to scale with doorstep verification services in the me…

  18. comment
    Comment #37580710

    We will try to get permissions to kickstart verification services in US soon. Doing the account opening process online would be best but isn't allowed under existing regulations.

  19. comment
    Comment #37580701

    We plan to tie up with sim card vendors operating in airports around India. That should hopefully make it more convenient for people to finish their activation. Longer term solutio…

  20. comment
    Comment #37580694

    Thank you for the encouragement. I hope you get to use this app on your next visit. > charge a lot more and make it a lot more convenient. We're trying to introduce doorstep verifi…

  21. comment
    Comment #37580285

    We're live on both android and ios. You can use this link to view the apps directly. https://link-to.app/cheq And thanks for all the suggestions. We'll improve the website asap.

  22. comment
    Comment #37580257

    For this month at least, we're running a zero forex sale. You'll be able to purchase INR using your international card at no extra cost apart from the 10$ basically. Standard add m…

  23. comment
    Comment #37580163

    Currently, we're not charging the 3.5% fees to customers. Its in the "plan" and we'll introduce it once the volumes go up enough to require compensations. Maybe in 2-3 months or lo…

  24. comment
    Comment #37580150

    We don't have much say in the placement of these centers. Transcorp has been operating from these locations since the last 20 years or so. Cheq is just hopping aboard. We can also …

  25. comment
    Comment #37580134

    > I have given this feedback earlier, too, but the copy sounds Ind-lish at most places. Thank you very much for the suggestion! > It would be best to have a native speaker, such as…