Well, this is one serious issue. Many of you probably received an email from Payoneer today informing that all transactions and withrawals are “temporarily” blocked and that all available funds are being held. This is supposedly due to Wirecard AG (their payment processor) going bankrupt recently.
Earlier today, before knowing about all this, I went to a store to get something and my card was indeed rejected. I thought: meh, their terminal must be broke, and now I’m finding this out…
My personal situation right now is terrible. Payoneer is holding all my funds and blocking all possible transactions or withdrawals, in 3 days Envato’s earnings are going their way (yeah, they do not block incoming payments) and I process all my freelance payments through their service. Some pretty ugly scenario, as you can imagine.
Is anybody going through a similar situation? Should I blitz change everything to Paypal before the end of the month? Any tips?