sudshekhar

7 ms·

31.
by sudshekhar 3y ago
Currently, you can only make payments using the app while you're in India. Your wallet will remain active and you can use the funds next time you visit again. But we have geofencing restrictions which prevent customers from initiating
32.
by sudshekhar 3y ago
We're also a part of the same initiative. Behind the scenes story below : Until last year, there was no way for Indian fintechs to provide UPI services to international citizens. The Reserve Bank of India (RBI) decided in January 2023
33.
by sudshekhar 3y ago
Hey, answering the questions below 1) https://transcorpint.com/find-us => You can verify yourself at any of these centers across India. We'll improve the site to directly point customers to appropriate verification
34.
by sudshekhar 3y ago
We're still playing with our pricing. 10$ joining fees and a 3.5% markup on adding funds is the current business plan. We'll observe customer usage over the next 3-6 months and figure out if fixed fee subscriptions can be cheaper.
35.
Show HN: Cheq UPI – India's first UPI payments app for foreigners(chequpi.com)
163 points by sudshekhar 3y ago|125 comments
36.
by sudshekhar 3y ago
The goal is to build a sustainable business which helps customers enjoy the lowest cross border forex rates for purchasing in India. We're trying to stay away from unsustainable economics 1) Cheq charges a 10$ joining fees to everyone
37.
by sudshekhar 3y ago
The pine terminals and credit card acceptance cost the merchants hefty fees. Which many of the small businesses prefer not to pay, specially given the infrequency of card purchases. You can always stick to cash and card as your preferred m
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by sudshekhar 3y ago
Both these tweets can be addressed by adopting a UPI enabled wallet. Using Cheq, you can keep your bank account plus mobile number secret. Everyday small value transactions can also be consolidated separately from your main bank account. I
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by sudshekhar 3y ago
UPI transactions thankfully don't need an OTP for verification. As long as you have internet, your payments should work fine You'll just have to enter the transaction PIN (which you decide while creating the account). Sim binding
40.
by sudshekhar 3y ago
Our team is based out of Bangalore. But Transcorp, our partner, has branches in 22 cities across India. People can get themselves verified for the Cheq wallet at any of these locations.
41.
by sudshekhar 3y ago
Hey, please try making a payment through a Cheq alphanumeric VPA. Your phone number won't get shared with the merchants. Legal Name -> Yes, everyone gets to see your full name post scanning the UPI payment app. But this is a feature
42.
by sudshekhar 3y ago
https://www.npci.org.in/what-we-do/upi/3rd-party-apps https://www.npci.org.in/what-we-do/upi/ppi-apps These two links list all the approved UPI apps in the Indian fintech market. As you
43.
by sudshekhar 3y ago
Comparing payment systems is obviously not easy. However, I've spent a lot of time studying the payments space (7+ years now!) and I'll quickly give you 3 reasons why UPI is "better" than Interrac for example : 1) Better
44.
by sudshekhar 3y ago
I think most data selling happens via branch employees / telecom operators instead of "at the top" Banks / UPI vendors have to comply with very strict data regulations and the confirmation of a "data leak" is e
45.
by sudshekhar 3y ago
The physical verification process is required to respect the AML guidelines established by the RBI. The process itself takes less than 5 minutes but must be done once the foreigner lands in India. In Blr/Mumbai/Delhi, our team can
46.
by sudshekhar 3y ago
You can create an alphanumeric UPI handle on most UPI applications. This will hide your phone number. Eg: My UPI id is sudshekhar.cheq@trans. Most other UPI apps allow you to create such handles AFAIK. Nowadays, you can also keep your bank
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by sudshekhar 3y ago
Mentioned this on the parent thread, but there are new UPI apps coming out in the market which don't need a bank account. https://chequpi.com/ For example
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by sudshekhar 3y ago
Hey @davelondon, Sudhanshu here, from Cheq UPI. We're a part of YC S23 and our team launched the Cheq UPI payments app specifically to help international citizens and NRIs avail UPI. https://chequpi.com/ Some testimoni
49.
by sudshekhar 8y ago
I faced this recently when my card was skimmed and I saw some fraud transactions. After blocking the card, I tried reaching customer support, but my bank's IVR refused to recognize the card number (mandatory to talk to fraud folks appa
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by sudshekhar 8y ago
As several people have mentioned, quality doesn't come cheap. At the same time, its interesting how broken this ecosystem is (despite the presence of several players vetting these 'companies'). My best suggestion: talk to Ind
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by sudshekhar 8y ago
> private hospitals often forward patients they are unable to handle (e.g. complicated births) to public hospitals, who are more skilled and experienced. In India, this happens simply because private hospitals don't want mortalities
52.
by sudshekhar 8y ago
So you don't eat anything at all for the whole day? Or is it something like nuts? What about dairy products (like milk) etc?
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by sudshekhar 8y ago
Indeed, I use reddit whenever I a) Plan to learn/read something new b) Just finished a book/tv series and want to connect with others around it. c) Looking for recommendations in various genres Daily news/connecting with peo
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by sudshekhar 9y ago
Can you give some examples where this combination was more effective than using a standard file and shell/python
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by sudshekhar 9y ago
Are there any good books/comprehensive resources for a beginner wanting to experiment with the irc protocol? I tried setting up my own irc server on an aws instance once. Opening the firewalls, connecting it to other clouds and to the
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by sudshekhar 9y ago
Any good references for folks interested in recycling (as a hobby)? Phones/laptops etc.
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by sudshekhar 9y ago
I recently transitioned from a Software engineering to Product Management role. So, learning these new skills(design/communication/planning) and improving at the job will be my top priority. My current plan is to read a lot of boo
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by sudshekhar 9y ago
> Not for me, not at all. At the risk of being presumptious, I would classify searches into broadly two categories: 1) Finding good providers/discussion places regarding something you need, say news, goods, experiences etc 2) Findin
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by sudshekhar 9y ago
Unrelated thought: With the growth of 'category kings' (Amazon, Stackoverflow, Wikipedia etc) does anybody else feel that google's search becomes less and less useful? I never understood the 90's obsession with domain na
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by sudshekhar 9y ago
> Pay peanuts, get monkeys. This, this and this. There's isn't a dearth of good talent out there. Please just be willing to pay a fair price (not just for the hours worked but for the fact that he's available to you on dem

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