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Joseph Young

Joseph is a web developer and designer, writer and a passionate musician who loves to travel. He has worked as a researcher for a number of venture capital firms and as a freelancer designer for resorts and corporations in Korea and the Philippines.

August 14, 2015
Payments

Indian Bitcoin Startup Zebpay to Open a Mobile E-Commerce Marketplace

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India’s first bitcoin wallet and startup Zebpay has begun offering mobile payment services to its users and has announced its plans to start a mobile e-commerce marketplace.

Zebpay’s newly released mobile payment service enables its users to pay for DTH (direct broadcast satellite), mobile airtime and data card using bitcoin. Additionally, Zebpay users can now purchase prepaid and postpaid plans from India’s major telecom operators, including Vodafone, Airtel, Uninor, Tata Docomo, Reliance, BSNL and MTNL, and DTH of Tata Sky, Reliance, Dish TV, Sun TV and others.

Zebpay’s mobile payment services are already updated and offered to Android users. However, iOS users would have to wait for weeks to use the service, due to the Apple App store’s long process of verification and approval.

“Currently, we pay the companies in rupees after accepting bitcoin from the Zebpay app users,” said Saurabh Agrawal, co-founder, Zebpay.

Zebpay has been operating in India since 2014, as the simplest bitcoin wallet app in the market. It was voted as the best startup to present at the CoinAgenda summit in Las Vegas.

“We aim at enabling people to send and receive Bitcoins just like message transactions,” said Saurabh Agrawal, one of the founding members of Zebpay.

The startup has already initiated a Purse.io like service, in which users can purchase Amazon and FlipKart’s gift cards with bitcoin. FlipKart, with billions of dollars in annual revenue, is the largest e-commerce platform in India.