HighKart Launches as India's First Bitcoin E-Tailer
HighKart.com has become the first e-commerce site in India to exclusively accept bitcoin as a payment method. Launched by Delhi-based entrepreneur Amit Kumar, the online store retails more than 150 products, ranging from digital currency mining equipment to fashion accessories. Currently, there are more than 500 e-commerce startups in India - most having popped up within the last five years. Companies like Flipkart are dominating the local market, making it difficult for new players to enter. HighKart is taking an unusual, and brave, route into this mêlée by eliminating the large potential....
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HighKart's homepage, proudly accepting Bitcoin. Officially launched January 15th, HighKart.com is India's first online retailer to accept Bitcoin. HighKart touts itself as “the bitcoin store,” and prominently features listings of crypto-mining gear, as well as all other electronics, men’s fashion, fitness gear, and home appliances. Utilizing BIPS payment processing, HighKart only accepts bitcoin, and only ships within India. “As an e-commerce company, safe, simple and reliable payment solutions are important for our customers, and Bitcoin payment provides us with exactly this. Bitcoin’s....
Cryptocurrency exchange Coinbase has announced that it is launching full-scale crypto trading in India with Unified Payments Interface (UPI) support. However, moments later, the National Payments Corporation of India (NPCI), which developed UPI, stated that no crypto exchange is using the UPI system. Coinbase Launches in India, Hit With UPI Problem The Nasdaq-listed cryptocurrency exchange Coinbase announced Thursday at an event in Bengaluru that its trading platform will be fully available for retail traders in India. The company said that customers will be able to buy cryptocurrencies....
Recently, cryptocurrency trading in India has spiked and grown at an unprecedented level. As the Bitcoin rallies and grows strength by strength, the Indian crypto community has multiplied and with this, a fair and regulated market has been on the top of their demands. Amidst the ever-growing market, there are some existing players that have been operating since the past few years, but the entry of CryptoBiz Exchange has built up a hype as they look to take the market by storm with their features. The Reason for the Hype CryptoBiz has a disruptive business model in place where they aim to....
Mercado Libre, a leading Latam-based e-tailer, has announced the launch of its own token, called “Mercadocoin,” for Brazilian customers. The token will be the main reward of a loyalty program on Mercado Libre’s platform and will be awarded to customers that purchase certain items linked with the token. The token will have an initial value of $0.10.
Mercado Libre to Launch Mercadocoin Token to Power Loyalty Program
Mercado Libre, a retailer and financial services unicorn in Latam, has announced the inclusion of cryptocurrency as a part of its royalty program.....
Reliance Jio is just another 4G network in just another country, but that country happens to be India. A land of one billion plus people. Jio is an offering by Mukesh Ambani of the Reliance Group, and the son of Dhirubhai Ambani, a successful businessman who is legendary in India for his rags-to-riches story. What is Jio and why does it matter? Reliance Jio is a pan-India 4G network which offers both data and voice services. Although there are many companies who offer similar services in India, there is no one who has the reach and the potential that Reliance has. Reliance Jio was the....