CheqUPI
India's first UPI wallet for foreign nationals and NRIs
Cheq is a modern UPI payments app for NRIs and international citizens visiting India. Using Cheq, you can pay digitally at over 55mn+ merchants across India. We help tourists avoid ATMs and minimize their foreign exchange costs while in India.
Active Founders
Sudhanshu Shekhar
Building Cheq UPI - A better payments app for foreign nationals and NRIs visiting India. Previous work experience: Ispirt, Zeta, Headout, Walmart
Manish Shukla
Building Cheq UPI to enhance the digital payment experience of foreign nationals and NRIs Previous experience: Zeta, Ispirt
Company Launches
Hi everyone!
Cheq is a UPI payment wallet for Non-Resident Indians (NRIs) and foreign citizens visiting India.
Using Cheq, you can purchase almost any goods/services across India 🇮🇳.
Just scan the merchant QR code / choose the pay by UPI id option to make the purchase. We accept all international debit/credit cards and support international phone numbers.
Foreigners Struggle to make payments in India
Most foreigners visiting India will invariably face one of the below problems👇
- Indian merchant not accepting your international credit card
- Indian merchants not tendering exact loose change (you’ll collect lots of candies!)
- Unavailability of ATMs/money changers at remote locations
Indian Expats struggle to make payments in India
- Enabling UPI on an international number doesn’t work.
- Linking NRE/NRO accounts to UPI does not work
- NRE/NRO accounts are linked to the customer’s (often deactivated) Indian phone number.
More than 10mn+ international citizens visiting India each year regularly face issues in making payments!
Cheq UPI lets foreigners pay digitally in India 🇮🇳
- Cheq provides NRIs/Tourists with a digital UPI wallet that can be used to purchase goods/services across 55mn+ merchants across India
- Users can add money to their Cheq wallet anytime, anywhere via their international debit/credit card 💳
- Purchasing INR through Cheq is much cheaper than exchanging currency at the airport. We strive to serve you for less.
- Having Cheq, lets you travel throughout India cashlessly. Your bank card details remain safe from ATM fraud and clone attacks.
People from 16 different nationalities are already using Cheq UPI
Renatha, from Brazil, goes cashless in India
Note: Cheq accounts can only be activated after the customer finishes in-person passport verification in India. We provide at-home verification facilities in more than 22 cities across India.
Pricing
We charge a one-time joining fee of Rs 800 (10$) to every customer. This covers the cost of verifying your profile and running our business.
Meet the team
We are @Manish Shukla and @Sudhanshu Shekhar, the co-founders of @CheqUPI. Both of us are passionate about finance and technology and we’ve known each other for 12 years now.
Having lived the life of an expat abroad, we’re empathetic to the problems being faced by them in the Indian market. Our goal with Cheq is to make life a little easier for every traveler visiting India.
Can you help us grow? 🙏
- We just launched today on Product Hunt! If you actively use PH, please drop us an upvote 🙂
https://www.producthunt.com/posts/cheq-upi - If you know any companies/startups frequently sending travelers to India, please put me in touch with their founders/representatives. We’ll provide them with the best fintech experience in India ✨
( reach me at sudhanshu@cheq.money ) - If you’re traveling to India, Download our app
If you have any questions/feedback on the services offered by Cheq, please don’t hesitate to reach out!
Thank you
Connect with us👇
- Cheq:
- Product link: https://link-to.app/CheqBFF
- Website: https://www.cheq.money
- Founders
- Sudhanshu - https://www.linkedin.com/in/sudshekhar02/
- Manish - https://www.linkedin.com/in/mkshukla/