Coinbase begun to offer UPI and IMPS support to its Indian users


Coinbase had acknowledged the announcement briefly on its website, but later, deleted the webpage, though it has begun to offer UPI and IMPS support to its Indian users. There is also no clarity yet on the banks that the crypto exchange has partnered with to launch the service in India. The firm has for long offered its decentralized app, Coinbase Wallet across the globe.


This was discovered after Indian users noticed the inclusion of the two payment systems on Coinbase's app. Because Coinbase hasn't made an official announcement about its UPI payments in the country, it's unclear which Indian banks Coinbase has partnered with to support UPI and IMPS payments. Users will be able to transact through popular UPI gateways with the new Coinbase UPI payment option, making it more convenient for them.

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