On June 27 the leading Bitcoin exchange in India, Coinsecure has announced a partnership with the payment processor BitPay. The Indian exchange says the new feature service will be built upon the BitPay API enabling users to settle out payments with the national currency, the rupee.
Coinsecure founded in June of 2013 by Mohit Kalra, Benson Samuel is celebrating its anniversary by collaborating with the Bitcoin-based payment processor BitPay. Now Indian merchants can offer new ways to accept online payments around the world using the service. BitPay and Coinsecure say merchants can be worry free of volatility as settlements will be handled in the rupee making accepting Bitcoin easier for any business. Coinsecure’s CEO Mohit Kalra explains:
“Bitcoin gives businesses a powerful way to reach customers online and around the world. With our new merchant services and our wallet service, we want to make bitcoin one of India’s favorite payment methods.”
Coinsecure has already been on a mission to provide India with quality Bitcoin services and recently acquired a venture capital injection of $1.2 million. The company is one of the leading exchanges within