CoinSwitch no longer accepting INR payments on PayTM Bank account

In an update sent to all its users today, CoinSwitch has announced that it is no longer accepting payments on its PayTM Bank account and any payments sent would be automatically refunded within 7 days.

Here is the announcement from CoinSwitch:

CoinSwitch Email
Dear User,
Please note that we will not be accepting Paytm deposits from 5 PM today, 20th May 2021. Any deposits made to Paytm Bank account after 5 PM will be refunded automatically within 7 working days.
We have enabled other INR deposit methods which you can see on the CoinSwitch Kuber app.
Kindly note that Crypto deposits, withdrawals & INR withdrawals will work as usual.
Giving you a great experience is our priority and we are working very hard to add more payment options!
Happy trading!
Team CoinSwitch Kuber

Announcement email from CoinSwitch:

Coinswitch PayTM INR Deposit Update email
Coinswitch PayTM INR Deposit Update email

 

 

 

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