Bitcoin Forum
May 12, 2024, 03:38:58 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Local > India > Press & News from India > [2015-08-21] ET: ePaisa enables bitcoin acceptance for its merchants
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: [2015-08-21] ET: ePaisa enables bitcoin acceptance for its merchants  (Read 1243 times)
polynesia (OP)
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000



View Profile
August 22, 2015, 12:21:24 AM
 #1
ePaisa enables bitcoin acceptance for its merchants

http://economictimes.indiatimes.com/small-biz/startups/epaisa-enables-bitcoin-acceptance-for-its-merchants/articleshow/48584766.cms

Startup ePaisa which offers multi-lingual mobile-based applications for cash and card payments has launched a first-of-its-kind initiative enabling its merchant outlets to accept bitcoins as a mode of payment. The service will be available in around 500 outlets of epaisa in New Delhi, Mumbai, Pune, Surat and Ahmadabad.

"Around 35 thousand bitcoins have been traded in India last year, and there are around 50 thousand bitcoin users," says Siddharth Arora, cofounder and CEO of ePaisa, who added that ePaisa merchants have the option of converting their bitcoins into Indian rupees and transferring it into their account.
1715485138
Hero Member
*
Offline Offline

Posts: 1715485138

View Profile Personal Message (Offline)

Ignore
1715485138
1715485138
Reply with quote  #2
1715485138
Report to moderator
1715485138
Hero Member
*
Offline Offline

Posts: 1715485138

View Profile Personal Message (Offline)

Ignore
1715485138
1715485138
Reply with quote  #2
1715485138
Report to moderator
1715485138
Hero Member
*
Offline Offline

Posts: 1715485138

View Profile Personal Message (Offline)

Ignore
1715485138
1715485138
Reply with quote  #2
1715485138
Report to moderator
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715485138
Hero Member
*
Offline Offline

Posts: 1715485138

View Profile Personal Message (Offline)

Ignore
1715485138
1715485138
Reply with quote  #2
1715485138
Report to moderator
1715485138
Hero Member
*
Offline Offline

Posts: 1715485138

View Profile Personal Message (Offline)

Ignore
1715485138
1715485138
Reply with quote  #2
1715485138
Report to moderator
1715485138
Hero Member
*
Offline Offline

Posts: 1715485138

View Profile Personal Message (Offline)

Ignore
1715485138
1715485138
Reply with quote  #2
1715485138
Report to moderator
skang
Sr. Member
****
Offline Offline

Activity: 452
Merit: 252


from democracy to self-rule.


View Profile
August 22, 2015, 04:45:04 AM
 #2
So ePaisa is another payment processor.
How do they sell their bitcoins collected? Which exchange is enabling this for them?
"India is the guru of the nations, the physician of the human soul in its profounder maladies; she is destined once more to remould the life of the world and restore the peace of the human spirit.
But Swaraj is the necessary condition of her work and before she can do the work, she must fulfil the condition."
polynesia (OP)
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000



View Profile
August 22, 2015, 05:03:33 AM
 #3
Quote from: skang on August 22, 2015, 04:45:04 AM
So ePaisa is another payment processor.
How do they sell their bitcoins collected? Which exchange is enabling this for them?

The article has quotes from Sathvik. It could be Unocoin.
Pages: [1]
  Print  
Bitcoin Forum > Local > India > Press & News from India > [2015-08-21] ET: ePaisa enables bitcoin acceptance for its merchants
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!