Cheq asking for CVV- Is it safe?

[Chaitanya-a]

Why is Cheq requiring CVV just to do credit card payments? Neither Cred nor MobiKwik demanded this.
This app looks suspicious. They found out the PAN without even asking. Simply by mobile number!!

 

[Deleted member 5552]

Why is Cheq requiring CVV just to do credit card payments? Neither Cred nor MobiKwik demanded this.
This app looks suspicious. They found out the PAN without even asking. Simply by mobile number!!

They will verify your card number with deduction of Rs 2/-

 

[TheTrickySid]

Why is Cheq requiring CVV just to do credit card payments? Neither Cred nor MobiKwik demanded this.
This app looks suspicious. They found out the PAN without even asking. Simply by mobile number!!

PAN details are fetched via Experian credit score which is linked to your mobile number.

For the CVV part, it is asked in order to complete a payment of Rs.2 which is done to store your card details in a tokenized format according to RBI guidelines.

 

[Rahul Gupta]

Why is Cheq requiring CVV just to do credit card payments? Neither Cred nor MobiKwik demanded this.
This app looks suspicious. They found out the PAN without even asking. Simply by mobile number!!

Its safe. But my question is why do you wanna use cheq after devaluation? You can use hdfc platinum debit card for better reward rate.

 

[Chaitanya-a]

Its safe. But my question is why do you wanna use cheq after devaluation? You can use hdfc platinum debit card for better reward rate.

I was just checking out. Will use its 100 bonus points on 1st payment offer.

 

[SiddharthR]

They found out the PAN without even asking. Simply by mobile number!!

They might written this in T&Cs

 

[Chaitanya-a]

They might written this in T&Cs

But this is strange. Even Paisabazaar, Bajaj Finserv type of apps ask for PAN before fetching details.

 

[akshayhs]

I was just checking out. Will use its 100 bonus points on 1st payment offer.

I didn't get it after making my first payment. I don't recommend you to proceed.

 

[Chaitanya-a]

I didn't get it after making my first payment. I don't recommend you to proceed.

I did and got within 5 minutes. Although there were very few options to redeem. Most valuable one was blinkit which gave 1:1 ratio. Sent them mail for account closure now 😂

 

[Deleted member 5552]

I did and got within 5 minutes. Although there were very few options to redeem. Most valuable one was blinkit which gave 1:1 ratio. Sent them mail for account closure now 😂

You have broken the heart of cheQ CEO 😞

 

[ak93]

I did and got within 5 minutes. Although there were very few options to redeem. Most valuable one was blinkit which gave 1:1 ratio. Sent them mail for account closure now 😂

You can still use it for payment > 75k.

 

[Deleted member 5552]

Now its rating is 2.2

 

[Chaitanya-a]

You can still use it for payment > 75k.

My monthly payments are well covered under 75k

 

[vysakh]

On what basis are people calling this safe? Just because nothing untoward has happened so far?

 

[karankayastha]

View attachment 10348

Now its rating is 2.2

But whats the reason its good app

 

[Chaitanya-a]

But whats the reason its good app

Bhai iski onboarding itni ghatiya thi. Wohi kaafi tha rating girne k liye

 

[lhgeek]

Anyone what mcc code is being used for payments via debit cards on cheq?

 

[karankayastha]

Bhai iski onboarding itni ghatiya thi. Wohi kaafi tha rating girne k liye

yes bro they should have launched fully instead of waitinglisting people etc idk what hurry they were in

 

[Deleted member 5552]

But whats the reason its good app

App is good, reward system also good.

But I think because of waiting list, people give low rating. I saw some one commenting that he was in the waiting list position of more than 8 thousand.

 

[Chaitanya-a]

App is good, reward system also good.

But I think because of waiting list, people give low rating. I saw some one commenting that he was in the waiting list position of more than 8 thousand.

Is Reward system really good now? 1:4 cash conversion ratio and 1:2 coupon conversation ratio. Not good anymore.