Singapore’s Zebpay launches bitcoin wallet app in India
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New Delhi: Singapore-based Zebpay Pte Ltd on Wednesday launched its mobile wallet application for bitcoins in India.
The six-year-old currency is the money built for the Internet and is the world’s most widely-used alternative currency.
The mobile application wallet intends to make bitcoins accessible to everybody.
Mobile wallet is a service that is often confused with mobile banking, but is a much broader concept which includes using a mobile phone as a mode of payment, instead of relying on cards or hard cash.
The app enables users to easily buy, store, send and spend bitcoins through mobile numbers by eliminating the need for understanding the complex process involved in obtaining and using the alternative currency.
“We realized the potential that Bitcoin technology had, to bring financial freedom to billions of people in the world. With this vision, we are proud to announce the launch of Zebpay app in India,” said Saurabh Agrawal, co-founder of Zebpay.
“We realized the potential that Bitcoin technology had, to bring financial freedom to billions of people in the world. With this vision, we are proud to announce the launch of Zebpay app in India,” he said.
The app also lets users to send and receive bitcoins just like message transactions.
The company is planning to open a wholly owned subsidiary in India.
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