NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Monday, August 24, 2015

ePaisa, an Indian payment processor that offers mobile based cash and card payment applications for small and medium businesses has now included bitcoin as one of the payment options. The Mumbai, India based startup founded in the year 2012 has a wide range of products available in multiple regional languages.

ePaisa’s multi-lingual mobile based POS application offers its solutions in four different Indian regional languages apart from English. These regional languages include Hindi, Marathi, Gujarati and Tamil. By offering bitcoin based payment solutions, ePaisa has now become the first Indian payment processor to include bitcoin into its solutions offering.

Over 500 outlets using ePaisa’s payment solutions in New Delhi, Pune, Mumbai, Surat and Ahmedabad will now accept bitcoin payments. Out of these five cities, the company expects most bitcoin transactions to happen in Mumbai and New Delhi as these two cities, being metros have more foreign as well as domestic population who will be willing to pay with bitcoin.