India's payment channel collapse accelerates: Chinese accounts are frequently frozen, should they stay up or run away?www.deekpay.com

## The Indian market is in a state of flux, how to "lurk" and survive as an overseas player? Today is very cruel, tomorrow may be even more cruel! Recently, the Indian market storm clouds, real gold games and cash loan industry suffered a "payment channel collapse", many Chinese overseas players deep in the quagmire. Who are the "fish in the net"? On 2 September, some Indian cash loan practitioners broke the news that the account was frozen by Razorpay. On 3 September, another practitioner said that his company's two accounts were frozen 100 million rupees. This is not an isolated case. As early as August, see the time financial has repeatedly warned India payment channel risk, and named including Razorpay, Paytm, Cashfree and other payment institutions. But there are still many overseas players ignore, and eventually fall into the "trap". Anticipate the risk, not "desertion", but "life". The development of events as Murphy's Law, the probability of bad things happening is often greater than good things. Human nature tends to be the same, and history always repeats itself over and over again. If you want to survive in the Indian market, you must see the situation, understand the situation, predict the trend, and actively "layout" and "lurking". How to avoid risk? Law enforcement agencies do not know everything, there will always be "fish in the net" and "get out of the way". Choosing a reliable payment provider is the most direct way to avoid risks. Payment providers in India can be categorised into three types: 1. "Seed mine" of the four parties to pay: low threshold, any black and grey industry dare to take, the risk is very high. 2. 2. Indian local payment institutions: such as Paytm, Cashfree, Razorpay and so on. Although on the surface of the Indian enterprises, but in fact will also be on the Chinese players "special treatment". At present, Paytm has begun to check the users, or will affect a large number of overseas players. 3. Chinese-funded or overseas-funded payment institutions: such as SHAREit, Mpurse, etc. However, SHAREit has been arrested by the Indian government. However, SHAREit has been banned in India, and is currently acting in a low profile, with a lower possibility of docking real money games and cash loan products, while Mpurse is one of the biggest profit makers in the "Indian payment channel crisis", but whether it is reliable or not needs to be carefully considered. How to choose a "reliable" payment provider? A reliable payment provider is not one that is benevolent and righteous, but one that is willing to be in the same boat with you and tell you the truth about themselves so that they can be in the same boat with each other at critical moments. The Indian market is still full of opportunities! Risk and opportunity co-exist, the greater the risk, the more lucrative often. Even if the Indian storm clouds, there are still many players in the sea in the steady speed sailing. Finally, remind you of three points: 1. choose reliable partners; 2. learn to hide and pack yourself; 3. keep a low profile and make a fortune in silence. The Indian market is full of challenges, but opportunities also lurk in it. Sea players, the only way to anticipate the risk, lurking to survive, in order to buck the trend in the turbulent waves, to earn wealth!