News about Neo Banks šŸ—žļø

Feedback & Ideas Fintechs
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953

If anyone need
CheQ - an exciting, new credit management app. Pay your credit card bills & loan EMIs on CheQ, and get 1% back on all your payments! Join using my invite and get Rs.100 worth CheQ Chips when you make your first payment. https://cheq.onelink.me/3UIC/j29yloms

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954

CheQ App is a headache for Cred.

And I want to see this competition in the market because this is good for the public and reduces the monopoly

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955

Hey @Aswin_Benny have you got early access to Cheq

I have just received this message on WhatsApp

Screenshot_20230214_161238_WhatsApp
Screenshot_20230214_161238_WhatsApp1080Ɨ993 133 KB

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956

Why are they doing this pyramid scheme for onboarding. I am confused.

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957

Afraid of server crash. Maybeā€¦

958

Yes i did. But my card is not supported :joy:

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959

https://www.fintechfutures.com/2023/02/new-cross-border-neobank-moneyhop-launches-in-india/

960

https://www.moneyhop.co/ seems like sbm is controlling 60 70 % of fintech products indirectly in India.

961

The upcoming saving account neobank, the wallabe

Getting ready to launch soon waitlist yourself to get early benefits and beta access.

962
  • start a new service
  • entice with rewards
  • get a consumer base
  • slash rewards
    :repeat:
    Itā€™s same everytime, yet everyone falls for it in the next iteration. I see people taking about CheQ like crazy. I know about the rewards but thatā€™s just about every company thatā€™s starting out. Your data is important at the end of the day and shouldnā€™t keep lying around the server of every fintech firm. Itā€™s about the value it serves. And for me, itā€™s finally a breather as CRED has dominated the space for long and it needed some competition too. However, I think for now, CRED has more diversified positioning with P2P, CRED store and CRED cash. It recently applied for PA licence too so letā€™s see what happens.

I just think CRED has really good design and rewards just donā€™t kill it for me. Attention to detail is something that the design team at CRED deserves a medal for.

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963

Yes they are asking to much data, itā€™s not good for our card securityā€¦ This is just a new company and start upā€¦ We donā€™t know about the app security features and we also donā€™t trust the company sameā€¦ Theyā€™re saying they just verify your card but they asking all details of your card including cvv , they have all access of reading your all sms , email, pan details, upi and net banking details, cradit score details .

Nowadays any company donā€™t need all this data for the cradit card payment.

Please donā€™t go for rewards, once think about your safety.

Previously cred also want all things, but now they donā€™t want all thingsā€¦ Cred also have trust more than years.

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964

Please comment your experience.

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965

Can you share your views on using mobikwik as credit card bill payment app? Very Recently I had joined in to this credit card era. @sani @Divyaansh_Agarwal . Or good app for credit card bill payment balancing rewards and privacy.

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966

Mobikwik is good for the payment of less than 15,000 bill payment

If you want to manage, track, and bill payments of credit cards, then go for CRED - Click here

If you want 1% as a reward every time then go for Cheq - Click here

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967

I think mobikwik also gives 1% cashback, but have some restrictions regarding usage of that cashback. Thank you.

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968

Use any app which supports your credit card issuer - as long as it is using BBPS, your money is safe.

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969

Yes, but limited to 250

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970

Yes, it is one of drawback. Anyway I donā€™t use that much :stuck_out_tongue_winking_eye::stuck_out_tongue_winking_eye:

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971

BBPS means?

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972

Bharat Bill Payment System (BBPS) is a RBI mandated system which offers integrated and interoperable bill payment services to customers across geographies with certainty, reliability and safety of transactions.

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