UPI Payments in India for NRI's & Foreigners - Pay on a UPI App Like Indians

[@kodex750]

Hi Anand. Thanks for this video. Been trying to dig up some info on CHEQ UPI. Do you know if the transaction will be charged as a 'cash advance' when loading the wallet using a credit card?

[@finance-fix]

I loaded it with a debit card, not a credit card and it didn't show as cash on there. But it was categorised as 'shopping'.

[@hamzamohammed5631]

What problems do you think one would face if they tried to do what CHEQ does but KYC in app? like how digital banks like monzo starling etc do

[@finance-fix]

I think it's the regulations that need to allow this for non-residents, which is tricky. Even for those digital banks you mention, if the KYC fails in app, other offline options are offered

[@AlexChan66]

There's been an update for foreigners to use Indian e-wallets through UPI One World but I can't find the much information or the One World app. Hope someone can chip in with information. Thanks.

[@finance-fix]

I've not heard of UPI One World but hopefully someone can chip in with an answer

[@latashalaberry8638]

I'm in Nigeria will this work for me in terms of sending money from Nigeria to India?

[@finance-fix]

I'm not too sure on that. Last I heard, the Cheq app requires your location to be in India