The Internet’s Money

Stablecoin infrastructure · Asia-Pacific

Does BVNK work in India?

Partly.

BVNK is limited for businesses registered in India: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

What a business in India can use

BVNK’s products, for a company incorporated in India.

Accept paymentsLimited

Accept stablecoin payments, kept as stablecoins or converted to fiat.

Pay people abroadLimited

Stablecoin and fiat payouts, including instant euro payments over SEPA.

Multi-currency accountLimited

Virtual accounts and embedded wallets for your customers.

Business cardsNot offered

BVNK does not offer this.

StablecoinsLimited

Pay-ins, payouts, FX and wallets across major chains, plus a self-custody product.

Yield on idle cashLimited

BVNK Earn pays a return on idle stablecoin balances. BVNK does not clearly say how the return is generated; earlier versions of the product lent assets to prime brokers.

Mastercard completed its acquisition of BVNK in August 2026. Its docs list businesses and individuals in the US, UK and EEA, plus other supported countries; BVNK says it supports payments in 130+ countries.

Onboarding confidence: medium. Source: BVNK docs. Everything about BVNK

Alternatives in India

Other providers that serve businesses registered there.

Selling to India

How people there prefer to pay online.

  1. 1UPI
  2. 2RuPay / Visa / Mastercard
  3. 3Net banking
  4. 4Paytm / PhonePe

Stablecoin rules in India

Elevated riskUnclear

There is no framework, so the legal position is uncertain.

BVNK’s stablecoin products are available to businesses here.

Everything about 🇮🇳 India →

Common questions

Does BVNK work in India?

Partly. BVNK is limited for businesses registered in India: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

Which BVNK products can a business in India use?

accept payments, pay people abroad, multi-currency account, stablecoins and yield on idle cash, with limits.

What are the alternatives to BVNK in India?

Providers that onboard businesses registered in India: Adyen, Payoneer and dLocal. With limits: Stripe, PayPal, Bridge and Rain.

Can a business in India use BVNK for stablecoins?

Yes, according to our data. Stablecoin rules in India: Unclear (elevated risk). There is no regulatory framework. Crypto is taxed heavily (30% on gains, 1% withheld on transfers), and the RBI is sceptical of private stablecoins.

BVNK elsewhere in Asia-Pacific

Other providers in India