Show HN: Payoneer May Be Insolvent

Program HN: Payoneer blocks funds to thousands of users over Wirecard scams
conceal

What Payoneer is stating is BS. It is not just card that’s not working anymore. My funds were frozen, so I could not withdraw it to my bank account either. They always aimed to me like a dubious company, but I kept utilizing because I had no alternative. I have actually born with it in some way. Now they proved my gut feeling was. I would not be surprised they were deeply involved in some way in grand scheme of this.

I have actually changed to a comparable service (TransferWise) for that particular affiliate however this change will not get in impact up until next cycle – not handy because I got this month’s payment directly into my Payoneer account.

[EDIT] Sorry, I believe I was mistaken – the cards were prepay and only funds above $5000 were held by Payoneer.

Not straight associated, but Curve (other fintech based in UK that acts as a proxy for credit or debit cards) have provided a declaration that wire cards license had actually been pulled and all their cards are presently dead (wire card was the providing bank). They did say they are working on a fix. New card to be released. Money in payoneer may be safe however the card ain’t … may be wrong (hope not for individuals with money there …) [update] link to declaration: https://community.curve.app/t/wirecard-updates/22539

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