If you want to share this post with your friends and families through your social media accounts, then please feel free to do so. So again I want to assure you Payoneer is a financially strong company. Thank you.”.
Now, you can withdraw funds from your Payoneer card at ATMs or spend them online & in stores. Any funds that are in excess of the maximum balance of your card are held by Payoneer and are therefore not impacted by the FCA’s temporary freeze. Users are still able to withdraw their funds to a bank account. The FCA has temporarily frozen all activities with the primary objective of protecting the money of customers who use cards issued by Wirecard UK. We will update it as soon as we have additional information.”, “We know that this situation has created difficulties for your business and your family. I'm sure Gengo will do the best to give us more options, since you guys do care about the users (unlike Payoneer) :), Hi Erik — I can imagine it’s been a very confusing experience for the end users (after all, we all care about our money!) One is Wirecard AG in Germany and the other is Wirecard in the UK. Our EUR payment service is issued by Wirecard Bank in Germany, which is unrelated to the current situation with the UK card company. Provide clear timeframes, please!
The contents of all modern sites and apps today are usually cached. Unrelated to Wirecard, we, unfortunately, experienced a technical issue on Saturday that may have resulted in our inability to withdraw funds. We are communicating directly with Wirecard UK and the FCA who are working hard to lift the freeze as soon as possible. If you can find some new updates regarding this Payoneer Mastercard frozen issue, then please feel free to share with us using the comment section below. Therefore it is not possible to display ads from Amazon if the user opts out of marketing cookies. We’re sorry for the inconvenience the current situation has caused.
What is happening with Wirecard? This means a copy is stored in your browser as long as you have visited that page before. I've just received Payoneer's official statements, so sharing here: https://blog.payoneer.com/exclusive/wirecard-in-the-news-its-business-as-usual-at-payoneer/, https://blog.payoneer.com/exclusive/wirecard-prepaid-card-update/. Like other banks and financial services that use Wirecard card solutions, we depend on the FCA’s decisions in this case. Your Payoneer Prepaid Mastercard® Card is issued by its subsidiary, Wirecard Card Solutions Limited (WCSL) in the UK.
I've been using Payoneer for a while now (no prepaid card, only bank withdraw), and I've never had any extra fee, just the 2% of the conversion rate.
Paypal rates are too high (almost 10% here in Brazil) and they take forever to transfer the money. Thanks again for your hard work :). we had a chance to save at least part of our money, but you just decided not to inform us! The option to request a new card, however, is not available at the moment, and Payoneer has let us know that they're working actively to add more withdrawal methods. We will contact you as soon as we have an alternative card option available to you.”, “Absolutely not. We are also coordinating with our market partners to ensure that you can change it smoothly. Its stocks crashed almost ONE WEEK ago! Payoneer should generate virtual prepaid cards while this situation is still unresolved Where would they get the money from? First, there are two Wirecard entities for us to talk about. Services like Payoneer, PayPal have done a magnificent job encouraging online freelancing and making digital payment a breeze. We know there are concerns about the Wirecard news and how it impacts Payoneer cards. Hi there, we understand the frustration, uncertainty, and inconvenience.
First I want to say that our customers at Payoneer are our top priority. In short: what is currently frozen is prepaid card activity exclusively. If Payoneer.com is down for us too there is nothing you can do except waiting. On the official Twitter of Payoneer, we find some tweets as below: Why users should lose access to their money because of your problems with your partners?! Sorry for 'hijacking' the thread, but while I understand that it's not possible for Gengo to share any information on possible payment methods in the future, I wish to take this opportunity to ask Gengo to seriously consider Transferwise as an option as it offers the best exchange rate as far as I know.
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