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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 only becomes clear after a lot of time.

What the author might have discovered instead is the tendency of lonely people to seek new belief systems starkly in contrast to the group they feel alienated from.


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


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:

First, you'll finalize the business plan + team.

Second, you'll have to find early investors and backers

Third, you'll have to find a banking partner to work with

Fourth, you'll have to develop the product

Fifth, you'll undergo certifications and audits by RBI approved third parties

Sixth, you're app will be tested by officials at the NPCI

Seventh, Now you go live

Only after step 7, do you get to know if customers will buy your product.

Or if the entire effort goes to waste.


That's interesting, that you have to develop the product upfront before getting a license. Does that mean you also need to get approval/permission for any changes you make on the product going forward?


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 and see if the install works from there?

What's the error


My GP account was tied to a country that is not supported, it helped to switch to another country (from G20). However I wasn't able to create an account - I received SMS but then the app got stuck on "SIM card verifying". Tried a few times to no avail


Once passport/visa expires, we're supposed to disable the account

We'll have to verify the new documents and enable the wallet again.


But you intend to keep it around as a sort of not usable dormant account, but if re-verified the old funds, payment history etc. still available?

I would hope so, because I think otherwise I wouldn't want to use it without OCI (i.e. a perpetual visa it's not an issue) - would just be an annoying thing to keep track of.


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.


I just arrived in India on a 5 year visa but my indian sim card will expire after 3 months. How will I be able to keep my Cheq account/balance once the SIM card expires, for future visits?


> 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 there is no sensible way for a foreigner to pay in India so I just won't go to India.

Hahha, Think of Cheq UPI as a convenience for the foreigner while visiting India.

I am in SF currently and pay 3-5$ extra each time when I withdraw cash from ATMs.

Would've loved to use an app like Cheq here itself. But I don't think there's a parallel to what we're building in the US


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.


None of my credit cards worked the last time I visited.


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-to.app/cheq


Please drop me a note on sudhanshu[at]cheq[dot]money

Happy to chat.


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 meantime.


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