Unocoin Partners with Bitwage to Enable Crypto-Payments in India
Unocoin's partnership with Bitwage will allow employees in India to accept Bitcoin payment. The Indian Bitcoin ecosystem just got a bit more exciting. Unocoin, one of the “Big Four” Indian cryptocurrency companies has announced its partnership with Bitwage. The partnership is expected to further improve Bitcoin adoption in the country which is already showing increased interest in the digital currency following government’s recent “demonetization” initiative. Unocoin’s partnership with Bitwage will help Indian freelancers and employees to receive their salaries and wages in Bitcoin instead....
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Indian bitcoin exchange Unocoin is ramping up its fervent push for bitcoin adoption in India. A new partnership with San Francisco-based bitcoin payments company Bitwage will see Unocoin integrated into the payments platform, enabling India-based workers, employees and businesses to receive wages from foreign businesses faster and at better rates. “For instance, an employee receiving $1,000 USD sent to India could receive 70250.00 INR with Bitwage, far more than an estimated 64481.60 INR through Paypal or approximately 65660.00 INR via Citibank India,” claim Bitwage and Unocoin. Bitwage....
Bitwage is now operating in India offering to improve international wage distribution with cryptocurrency. Now millions of workers from India will be able to get their wages paid in bitcoin and INR. Bitwage Now Available for Indian Workers. On December 21 Bitwage announced a strategic partnership with the Indian bitcoin-based firm Unocoin. By utilizing....
The Bitcoin Blockchain has enabled millions of workers in India to receive bigger paychecks in Indian Rupees through a new partnership between Bitwage and Unocoin. Less Waiting, Bigger Paychecks for Indians. Indian Bitcoin exchange Unocoin has partnered with Bitwage in an effort to improve wages for international workers. Leveraging bitcoin transactions, Bitwage is able to skip currency exchange and international transaction fees. It transfers wages directly to workers in India, who now have the option of being paid in Indian Rupees. This means that Indians can receive a bigger paycheck....
Bitcoin activity in India has been on the rise over the past few months, and a new partnership between bitcoin exchange, Unocoin, and payroll service, Bitwage, may help that growth continue. This new partnership is designed to allow freelancers or employees in India to receive a better rate on the payments they receive from outside the country. Freelancers in India have already been taking advantage of the better rates they get by telling their employers to pay them via Bitcoin rather than PayPal, and Bitwage has the potential to make the process of getting paid via Bitcoin much simpler....
Unocoin, a trading platform in India, has reportedly been at the center of an intensifying debate in India over the legality and regulation of Bitcoin. The trading platform portends to be India's Bitcoin Exchange, and has shut down once before due to uncertainties over Bitcoin in the country. According to a BitcoinTalk Bitcoin Forum Hero Member, Dashingriddler (OP), who claims to be affiliated with the Unocoin team, the company's directors were asked to visit their local authorities this week. As OP writes, The officer is bothered about bitcoins coming to India bypassing the regulated....