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Old 06-27-2020, 07:34 AM  
biiiglia
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Join Date: Dec 2014
Posts: 90
Quote:
Originally Posted by lucas View Post
Looks like the payoneer users have blocked everything up to $10,000 because payoneer is keeping all money below $10k on card.
I'm not a Payoneer member, but i read this everywhere:

When you login to payoneer, they make you accept the new terms of service, and of course they added :

**The PrePaid MasterCard is an electronic money product and although it is a product regulated by the Financial Conduct Authority, it is not covered by the Financial Services Compensation Scheme.
No other compensation scheme exists to cover the losses claimed in connection with the PrePaid MasterCard. This means that in the event that Wirecard Card Solutions Ltb becomes insolvent Your funds may become valueless and unusable and as a result You may lose Your money.**


Smart move, Payoneer
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