Growing Number of Merchants Accepting Bitcoin in INDIA
Southern Indian city Bangalore, officially known as Bengaluru, is India’s third most populous city, with about 8.42 million people.
Many merchants in the area accept bitcoin through the Bangalore-based Unocoin, one of the largest bitcoin exchanges in the country, which also provides merchant services. Early this month, the company reported that it had surpassed 300,000 registered users. The platform also processes more than 200 million INR every month, according to CEO and co-founder Sathvik Vishwanath.
He told Bitcoin.com that the total number of merchants accepting bitcoin in his city is “about 400 now,”