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 having to worry about Bitcoin’s intrinsic price volatility.
When asked about the company’s plans for onboarding merchants, the COO and Bangalore Center Head of Coinsecure, Jincy Samuel said:
“There have been a lot of enquiries regarding bitcoin payment gateway from Indian merchants. Apart from those who are already interested, we plan on targeting merchants through our direct outreach programs and are hoping that they will see the value in adding another method of payment, which is bitcoin. “
Coinsecure has already got few companies signed up with them to use the new bitcoin payment gateway service. Among them are First Principles Ventures – a business and technology consulting firm, Zraya – a personalized furniture service, Lazy Eight Design – a design firm and Kartmagic- an e-commerce platform.
“Accepting payments from our clients in the form of bitcoin perfectly aligns with our