After Wirecard Scandal, Many freelancers are facing funds freezing in their accounts, however some people also face funds missing as well. In Payoneer Community, Frozen_Penguin post a query about missing around 15K USD from the account after WireCard Scandal. The Screenshot is attached.
Some of Payoneer’s users also faced fund stuck in their account while transferring the amount to another account, like unstopabl3 in Community tab of Payoneer.
Here is the most common questions asked on Community tab of Payoneer after WireCard Scandal.
Having problems with Payoneer?
There is HUGE fraud going on in Fintech industry. German Giant WireCard, who submits those pre-paid cards you are using from Payoneer, Anna, Curve, Dozens, Tymit, Soldo and more, filed insolvency. The reason is a tiny detail, €1.9bn, is missing, and they cant find it. Click here for detail answer.
What will happen next?
All companies used to work with WireCard pretty fucked, they need to find a new pre-paid card provider, integrate with them, and replace all cards. Sound is not easy to me but i am sure they will sort it out.
What will Payoneer do?
Payoneer was trying to calm their users down with saying WireCard UK is different entity than German company so all fine, BUT today FCA decided suspend WireCard UKs licence. Thar screwed up all UK Fintechs.
Are our Funds are safe?
You can check this answer in our detailed Article by clicking below link.
“Funds stored on your Payoneer Prepaid Mastercard® Card are safe and secure”
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