
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....
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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....
In 2014, Indian prime minister Narendra Modi outlined a vision for a "Digital India," a place in which all citizens in all parts of the country are connected, informed and part of a global economy. Other hallmarks of this new India would be a transparent government with strong ties to its citizens where government services could be accessed from mobile devices. EPaisa, a free point-of-sale app, has become India's first mobile point-of-sale provider to integrate bitcoin as a payment option, becoming a part of this new, Digital India. "To digitize India, you need to digitize the point of....