Payoneer gives good news
- Thread starter thelaptopbucks
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Jonathon Riley
Regular Member
- Jan 20, 2020
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Thats really good news
Thanks for sharing!!
Thanks for sharing!!
Roger Marquez
Elite Member
- Apr 17, 2017
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This is the BIGGEST lesson to take from this.
Payoneer (and any other e-wallet service) is NOT a bank so we need to stop treating them as one and don´t save money in them. They are just payment processors.
I know NOT everyone has the means to withdraw to a local bank. I know I don´t but, for what I read on many comments around Payoneer related threads due to the WireCard fiasco, many of you DO have the ability to withdraw to a local bank but, instead, decide it to keep your "savings" there.
- May 20, 2020
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Anyway that’s a good point. But many people struggle to open a business accounts at local banks, even in some cases citizens of the specific country have big issues with that
Roger Marquez
Elite Member
- Apr 17, 2017
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Yeah, I made that clarification on my post. I am VERY aware of that as, I live in one of those countries.
Banks here don´t allow international money transactions nor I can open a bank overseas from here.
shiboshy
Elite Member
- Dec 17, 2011
- 4,607
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Another ongoing mistake - Payoneer still decided to auto load Wirecard cards and people still trust them.
I know, they have been around so much.
However, they caused so much headache and trouble to people and they are LAZY to make the VIRTUAL BALANCE feature available (or have something preparing on the back end) so now, all payments continue to go on Wirecard.
Watch out guys. I see competitors migrating to another card issuer, Payoneer decided to use the old one. I don't want headaches and i bet you don't want that too.
I know, they have been around so much.
However, they caused so much headache and trouble to people and they are LAZY to make the VIRTUAL BALANCE feature available (or have something preparing on the back end) so now, all payments continue to go on Wirecard.
Watch out guys. I see competitors migrating to another card issuer, Payoneer decided to use the old one. I don't want headaches and i bet you don't want that too.
but they said they won't use the wirecard cards and they are searching for new issuer ? or did they change their mind and now payments can go to card too ?
shiboshy
Elite Member
- Dec 17, 2011
- 4,607
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They already go to the card directly as before and all they said is FCA approved wirecard nothing to worry about.
Shana Walters
Regular Member
- Feb 5, 2011
- 490
- 123
I used my Payoneer card o make a online purchase two days ago and it worked. Thank God.
jadezoole
Regular Member
- Nov 11, 2014
- 306
- 82
That's the right question. It is clear that Payoneer can't use Wirecard solutions anymore. But who would be their new partner? It's clear that many folks want to use cards (since they know nothing about banking, and they don't care if they can't use their money instantly) so it is a must.
I'm sure Payoneer is working on this at the moment, but I'm curious. What will be their next step?
- Dec 2, 2015
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