TheFintechOperator Profile picture
All about Fintech : Payments, Wealth, Trading, Banking, Psychology and Investments. Mind is the Biggest Enemy of Human😉
Apr 10 46 tweets 34 min read
How did @coinbase Support @UPI_NPCI Payment support for Indian Crypto Lovers ?

Stay tuned and will write a detailed thread today.

1. How did they do it ?
2. Which PA is Involved ?
3. What is the risk which a Coinbase India user is exposed to ? 1/n @RBI @dilipasbe @NPCI_NPCI

How did @coinbase support Payment acceptance for #Crypto in India?

Coinbase a Global leader hatched a plan by using #ShellCompanies to get Payment Methods enabled through Payment aggregators and banks such as Cashfree, BoB, IndusInd and ICICI.
Mar 1, 2020 6 tweets 3 min read
@ripul Yah...foreign nationals with residential permits + University admission letter + copy of their passports can open accounts in India. @ripul When foreign nationals visit India for Education or Job assignments on a long term basis, they need to get registered with the commissioners office and seek residential permission. Against that they can always open bank accounts. Upon return, they need to close the a/c.