As Bitcoin takes a stand in India, the Unocoin team – India’s leading Bitcoin company – is about to make it easier for physical stores in India to accept bitcoin for products and services.
Over the past year, our web traffic has increased by more than 500%. We added more than 6,000 users just last month alone and our volume is skyrocketing. While the company’s vision is to bring bitcoin to billions, it is now aiming to make physical stores and merchants in India easier to accept bitcoin. This is presently unmarked territory in India. With our new mobile app that is both available on Play store for Android and Appstore for iOS, it’s all about to change.
Unocoin announces an epic launch of the mobile merchant application – called the “Unocoin PoS“, where PoS stands for Point of Sale. Early users are already calling it the world’s simplest Bitcoin PoS app and it is going to make payments much easier and smarter.
So what does it take for the merchant to start accepting bitcoin?
Step 1: The Indian merchant needs to sign up with Unocoin and get their account verified. Once complete, simply install the Unocoin PoS mobile app and scan the QR code on our website to pair the mobile app to the merchant account. Now they are ready to accept bitcoin from their customers and may begin calling himself/herself a smart merchant who now accepts Bitcoin. Scan the QR code below from your iOS or Android based mobile phone or tablet to get started with Unocoin PoS app installation.
Step 2: When a customer is willing to pay the invoice in bitcoin, the merchant simply opens the Unocoin PoS app, keys in the invoice amount and generates a QR code to accept bitcoin payment from the customer. The merchant may accept bitcoin directly into their app or share the payment instructions over email (or social media) to get paid if the customer is not physically present in the same location. The merchant will have an option to either keep the payment in bitcoin or to have it converted into INR and have the money sent to their bank account in the same business day. This enables cheaper, faster and reliable payments through a product that is designed for both merchants and users in mind. This truly is the new way to pay or get paid.
” Now you may spend your bitcoin on products and services at all of your favourite stores “
– Team Unocoin