1 day ago
CryptoSe Launches Crypto-to-UPI Payments App in India
CryptoSe is an app that aims to let people use cryptocurrency to pay someone through UPI.
A user can scan a payment code or enter a UPI ID.
The app shows a conversion rate before the user accepts the payment.
The recipient is paid in Indian rupees, according to the company.
The release says payments can also be settled through IMPS and NEFT.
CryptoSe is operated by Dadu Fintech Private Limited.
Its founder, Adv.
Sakir Dadu, says the app was designed with compliance and transparency in mind.
The release also says Dadu built an English-learning app called SpeakProAI.
These details come from a company-provided press release.
CryptoSe is presented as a crypto-to-UPI payments app operated by Dadu Fintech Private Limited.
The app’s Scan & Pay feature lets users scan a UPI QR code or enter a UPI ID, review a conversion rate, and pay recipients in Indian rupees.
The company says the platform also supports settlement through IMPS and NEFT.
The release says CryptoSe is registered with the Financial Intelligence Unit–India as a Virtual Digital Asset Service Provider and recognized under the DPIIT Startup India programme.
Founder Adv. Sakir Dadu also developed SpeakProAI, an English-speaking practice app available on the Google Play Store and Apple App Store.
- Who
- CryptoSe, operated by Dadu Fintech Private Limited, and its founder Adv. Sakir Dadu.
- What
- The company describes CryptoSe as a crypto-to-UPI app that converts a user's crypto for payments in Indian rupees.
- Where
- Surat, Gujarat, India.
- When
- The press release is dated October 3; it does not specify a year.
- Why
- The company says the app is intended to make crypto usable for everyday payments through UPI, with compliance and transparency as priorities.
Key facts
- Operator
- Dadu Fintech Private Limited
- Founder
- Adv. Sakir Dadu
- Payment methods
- UPI, with settlement also supported through IMPS and NEFT, according to the release
- UPI payment flow
- Scan a UPI QR code or enter a UPI ID, review the conversion rate, and accept
- Regulatory registration
- The release says CryptoSe is registered with the Financial Intelligence Unit–India as a Virtual Digital Asset Service Provider
- Startup recognition
- The release says CryptoSe is recognized under the DPIIT Startup India programme in the Finance Technology and Payment Platforms category
- Additional product
- SpeakProAI, an English-speaking practice app said to be available on Google Play and the Apple App Store
- Source note
- The article is a syndicated press release provided by VMPL; ANI disclaims responsibility for its content.
Quotes
Adv. Sakir Dadu
Founder of CryptoSe and crypto lawyer
“Crypto adoption in India will not be driven by technology alone. It will be driven by trust — and trust comes from compliance, transparency and legal clarity. CryptoSe is built so that every rupee and every token can be accounted for.”
theprint.in
Sources
Related news
Why Cryptocurrency Continues Thriving Among India’s Investors
PhonePe Wins Initial Approval for Two UAE Payment Licences
Modi Urges Global UPI Expansion to Cut Remittance Costs
Mindgate, J.P. Morgan Expand Next-Generation UPI Infrastructure Collaboration
Rupeeflo Expands Digital Infrastructure to Serve Overseas Investors
UPI’s Next Decade Targets Invisible, Intelligent, Cross-Border Finance
Binance Invests $100 Million in Circle, Expands USDC Partnership
RBI Proposes 60-Day Debit Holds for Suspected Money-Mule Accounts
India Probes Suspicious Outward Remittances Exceeding Rs 30,000 Crore
