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Author Topic: Deposit money in UNOCOIN  (Read 324 times)
Animeshsingh452
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September 04, 2017, 06:49:44 AM
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I deposited 1000 INR in UNOCOIN though PhonePe app using IMPS and from my registered bank account but it is not getting added in my UNOCOIN account. If it it is not processed then I want it back in my bank account. Please help to solve this problem.
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September 04, 2017, 02:49:03 PM
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I deposited 1000 INR in UNOCOIN though PhonePe app using IMPS and from my registered bank account but it is not getting added in my UNOCOIN account. If it it is not processed then I want it back in my bank account. Please help to solve this problem.

https://www.unocoin.com/how-it-works

Depositing and withdrawing INR

Quote
Then transfer the INR through NEFT/RTGS/IMPS from your registered bank account that gives you a reference number.
...
If the reference number entered by you is not as per our requirement, then we have no way of identifying your payment in our bank account statement and we wont be able to process your deposit order till we have the correct reference number information.

PhonePe or PayTM based IMPS works as intermediary between sending & receiving bank account. Hence, the reference number wont match. Moreover, One may top up PhonePe or PayTM using some other method than his registered bank account. This 'other method' may be card fraud. Hence, it is good for every exchange or LBC trader, not to accept PhonePe or PayTM based IMPS.
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