Crypto Payment app launched by Indian Exchange

These days we have many payment apps for fiat transactions and we are able to pay within seconds. It is because banks have enabled a highly advanced payment system that allows us to pay or receive payment using these applications within seconds and it is hassle-free. Until a few years, back for making a payment was not that much easy because we had to use the bank account numbers and bank branch details to pay and it was taking quite a long time. Now with UPI apps, we can pay in seconds and that too using just a mobile number, and no bank details are required.

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Technology is all about making things easy and convenient for us and now we have an application that makes crypto payments as easy as we can do with traditional UPI applications. One of the Indian exchange bit BNS has launched an application that has made crypto payment super easy and I do not charge any fee.

You can send your bitcoin to your friends or your friends can send it to you for free with bnspay. Even merchants can start accepting bitcoin or crypto payments through bnspay app.

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Ideally, we need to pay some fee for every transaction but here with this app, we can't transfer crypto for free to our friends and even they have enabled the option for merchants to accept payment in crypto. Although as of now I do not know if any store is accepting payment in cryptocurrency but I hope that now it will get some attention and maybe in the next few months some of the stores or shops start taking payment in crypto.

Payment acceptance in crypto will not be easy I believe because there is no regulation in place as of now however recent RBI statement made things easy and clear which could be a great milestone for more crypto adoption in India.

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This application is not just a payment app instead it also allows to buy and sell crypto in an easy way so anyone who is new to the crypto market can easily deposit Fiat on the wallet and buy some of the crypto listed on this application with ease. Usually, exchanges are not easy for new people because there are many options that are not easy for new users. Early a coin DCF exchange has also launched insta by option for movies that allow crypto buying in few steps and later on wazirx also has made things easy.

Big BNSP is a kind of application that any person can download and get the KYC done within few minutes and it's all good to go to enter the crypto market. Here in this application they have limited coins so that new user does not find it confusing and can easily deposit fare to using the various payment methods and buy the coins he/she wants.

App download link- https://play.google.com/store/apps/details?id=com.bitbnspay

I hope that it will make more people enter the crypto space since exchnages are making things easy for common users who are not technical and have basic knowledge about it.

Thank you.

Posted Using LeoFinance ^Beta