VILNIUS, Lithuania, Feb. 23, 2021 /PRNewswire/ — Indian cryptocurrency holders can now purchase a variety (+140) of regionally redeemable e-gift playing cards with Bitcoin or different ten cryptocurrency choices on CoinGate.
These e-vouchers embrace some notable manufacturers in India like Flipkart, BigBazaar, SPAR, Arvind, Way of life, ALDO, Central, Customers Cease, Homecentre, Bata, Pantaloons and more.
All bought present playing cards are despatched to the person’s offered e-mail tackle instantly after fee. Get it for your self, or ship it as a present to another person immediately and immediately.
Your first time paying with crypto? Use these step-by-step instructions to information you.
India’s endlessly rising present card business
In India, the present card market has unfold like wildfire over the past couple of years, growing steadily and recording a compound annual progress charge (CAGR) of 25.5% between 2015 and 2019.
Using digital present playing cards accelerated much more throughout COVID-19 outbreak as they proved to be a handy option to give presents on particular events whereas social distancing, and even switch worth throughout areas with out utilizing pricey conventional fee channels like banks or cash switch providers.
Trying ahead to 2024, India’s marketplace for digital vouchers is estimated to achieve 9.34 billion USD in worth by then, in comparison with 3,44 billion USD in 2019 as a consequence of their steadily rising recognition and rising general adoption in day by day lives.
Indian e-gift playing cards for Bitcoin, Litecoin, Ether & extra
And now, CoinGate is including gas to this wildfire by enabling the stock of greater than 140 totally different e-gift playing cards for crypto-friendly consumers from India to acquire utilizing their cryptocurrency portfolios.
Our workforce is worked up to offer India with a chance to place their crypto-assets to truthful use, understanding that the nation is still in limbo in regards to the standing of cryptocurrencies which makes them tougher to make use of.
Now, after virtually a yr since its Supreme Court docket struck down RBI banking ban on crypto, Indian merchants and alternate operators have new hope for wise motion from the federal government.
Though Indian crypto customers are struggling to seek out widespread floor with conventional fee devices, we’re completely satisfied to alleviate some ache by offering a straightforward option to notice cryptocurrency worth via present playing cards.
Pleased spending and hopefully you will get pleasure from our service!