Linking Indian payment processors

[spndr7]

Linking Indian payment processors like ccavenue,FSS, etc
for bitcoin exchange service would be illegal ?


If someone creates such service, similar services(private monetary tokens)
like  airtelmoney,ItzCash will get serious competition and there may be chances
of getting our own version of btc-e directly accepting SBI debit cards,debit cards
and NEFT fund transfers.

[Benson Samuel]

S it is currently unregulated, it can be done.

[spndr7]

Mobile recharges with bitcoin may be a good initial starting point for bitcoins in India.Some collaboration with already established recharge vendors like paytm,could be to establish the buffer between cash and bitcoins.

[Benson Samuel]

Recharge of Prepaid in India is currently in Test.

Stephen Gornick should have more info on this.

[Fast LR]

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