Bitcoin Goes Mainstream in India, South Asia As Merchants Get Bitcoin Payment Processing
Delhi-based Bitcoin trading platform Coinsecure and US-based Bitcoin payment processor, BitPay partnered to enable merchants in India to accept Bitcoin payments and receive settlement payouts in India’s national currency, the Indian Rupee INR. Bitcoin use in India and the entire South Asia has just received the required push to make the digital currency more mainstream globally as merchants in the second largest country in the world - more than a billion population - are presented with the opportunity to process its payment for the first time. Mohit Kalra, CEO at Coinsecure, says to....
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Coinsecure, the Indian bitcoin exchange has announced its partnership with BitPay along with the list of companies availing the merchant payment gateway services. Coinsecure, one of the leading Bitcoin and Blockchain company in India today announced that it is partnering with BitPay. As a part of this partnership, the San Francisco-based company will offer bitcoin payment processing services to the Indian merchants. By using Coinsecure’s payment gateway, merchants in India will be able to accept payments from their customers in bitcoin, and receive the payout in Indian rupee, without....
Coinify, a Denmark-based blockchain currency payment provider, has partnered with a Hong Kong payment service called iPayDNA International to offer blockchain payments to merchants in Asia, allowing merchants to accept 17 blockchain-based currencies, including bitcoin. Coinify also recently partnered with a Vietnamese bitcoin exchange. The agreement allows Coinify to offer its blockchain merchant processing service to merchants in a region where iPayDNA holds a dominant market position. iPayDNA’s merchants will be able to accept 17 blockchain currencies including bitcoin in a secure....
Since the implementation of globalization, AOFEX has established branches in Canada and Japan and received excellent outstanding results in local and surrounding regions, thus building a multi-region crypto market system including West Europe, North America, East Asia along with the Headquarter in the United Kingdom. On October 15, 2021, AOFEX officially launches its India Branch […]
India is one of the emerging global economies. The country's statistics are mind-boggling. To give you a preview of it: India is the second largest country in the world in terms of population. The median age of the Indian population is 27 years (in other words, we are looking at a huge productive workforce). India is the tenth largest economy in the world and it is gradually climbing up the list. It is the world's third largest economy in terms of purchasing power parity. It is again in the third position among the largest economies in Asia. The country has close economic ties with three....
BitPay Inc, one of Bitcoin's lead payment processing companies, has just announced that it has surpassed 10,000 merchants. BitPay now provides services to merchants in 164 countries with approximately 50% in North America, 25% in Europe, and 25% in the rest of the World. During the month of August, BitPay processed over 10,000 transactions reaching a total value of over $6.4 million. As Bitcoin is becoming more mainstream many merchants are looking for expedient ways to sell products for BTC and BitPay is on the radar. With a Year-to-date in 2013 of over $34 million worth of bitcoins, a....