I don't get the use for it at all, maybe I missed something.
I mean somebody paid bitcoins to a qr code and you are watching for payment (which you can using gazillion methods already) and thats it!
Where is the INR conversion? (Or by currency support they mean they will convert the INR value to amount of BTC for you ... lol, really?)
Where is peer-to-peer? I see all this as a link on a private website, blockonomics.
In fact, I don't get how this is anything more than giving someone a new bitcoin address.