Update on 21st June 2018:
Zebpay Announcement: Your Rupee Withdrawals Could Stop
Update on 21st May 2018:
As per a recent RBI action, banks have been told to discontinue banking services to those dealing with virtual currencies.
While our industry is challenging this legally, the outcome is beyond our control. Hence, if you are holding any rupees, or depositing any rupees in Zebpay, there could soon come a time when we may not be able to honor withdrawal requests. Please continue only if you understand this risk.
Update on 6th April 2018:
As per a recent RBI action, banks have been told to discontinue banking services to those dealing with virtual currencies.
While our industry is challenging this legally, the outcome is beyond our control. Hence, if you are holding any rupees, or depositing any rupees in Zebpay, there could soon come a time when we may not be able to honor withdrawal requests.
Please continue only if you understand this risk.