- City Index will stop accepting PayPal deposits after December 22, 2024, but PayPal withdrawals will still be supported.
City Index has announced significant changes to its payment methods. Effective from December 22, 2024, clients will no longer be able to use PayPal for deposits.
While PayPal withdrawals will continue to be supported for the time being, there is no confirmation on whether this will change in the future.
City Index, a trading name of StoneX Financial Ltd., stated that the decision aligns with its ongoing efforts to streamline payment processes and improve the overall client experience.
The company, regulated by the Financial Conduct Authority (FCA), did not specify the reasons behind the removal of PayPal as a payment method but assured customers that alternative payment options would be available.
