It is very exciting news.Zebpay has played a significant role in promoting bitcoin in India.Being one of the Zebpay user,I can say that bitcoin has potential to make it to one of the most successful start up
Clearly, it's good news to see India gaining more prominence in the Bitcoin landscape. By using Bitcoin there are huge opportunities of the Indian people to participate in world markets much easier - for example by marketing their goods and services directly to an international audience.
Just a few months ago, I didn't even know that Zebpay existed. Now - at least based on media reporting - it seems to have become some kind of big deal in the Indian Bitcoin market. That's rather surprising to me.
Naturally, I remain skeptical of all Bitcoin payment providers, because I'm convinced that the true Bitcoin use case is native P2P transactions. Payment providers only add fees, time lag and centralization to transactions that would otherwise flow directly between open source Bitcoin wallets. For Bitcoin to unfold its true potential we have to get rid of fiat conversion. For remittance applications that means it would be ideal if local companies in the destination countries would accept Bitcoin for payment for their goods and service, making fiat conversion obsolete...
ya.ya.yo!