Alert: Paytm breaks such transactions after banks cut exchanges

Paytm Payments Bank Ltd (PPBL) will not allow customers to buy and sell crypto properties via its platform when it will break into the transaction with cryptocurrency exchanges.
PPBL's competitor PayPal and other payment processors that authorize purchasing cryptocurrency on their stages are also probable to pull the plug.
Many banks had earlier this week ended their association with cryptocurrency exchanges such as Zebpay, WazirX, BuyUCoin after the RBI illegally told them to re-enter ties with them.
Recently, crypto exchanges had recognized specialized wallets, onboarding payment processing entities, and using banks outside India. Some of them even created 'offline' systems to allow investors access to crypto assets. However, crypto exchanges will now be left with limited options to receive funds from Indian stockholders.

Source: businesstoday

Comments

Test name February 19, 2016 Reply

There are many variations of passages of Lorem Ipsum available, but the majority have suffered alteration in some form, by injected humour, or randomised words which don't look even slightly believable. If you are going to use a passage of Lorem Ipsum, you need to be sure there isn't anything embarrassing hidden in the middle of text.

Test name February 19, 2016

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Test name February 19, 2016Reply

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

Leave a Comment