Fraud affects Payoneer.

A shameful spectacle occurred in Germany with the payment operator Wirecard when it was discovered that the company had carried out, for years, accounting fraud in the order of $ 2.1 billion, which led to the arrest of its former CEO.

Wirecard is the European version of "PayPal" and managed to position itself as one of the best electronic payment services company, unfortunately, after the news of the fraud, its collapse came and also seriously damaged other services such as Payoneer's.

Payoneer is an electronic payments company that both professionals and companies benefit from when they issue and receive payments from anywhere in the world. This company was founded since 2005 and has operations in more than 200 countries. In Venezuela it is mostly used by freelancers; since it allows the use of a prepaid credit card in dollars using accounts abroad.

Payoneer issued a statement in which it notified its customers about the freeze on prepaid card activity, so that funds cannot be temporarily withdrawn from the cards, nor receive new payments on it. It is presumed that this measure will allow the funds of the cardholders to be properly protected and that the freeze will be temporary. ”

Payoneer also reported that any future payments received from markets, platforms and customers will not be affected by the freeze. . And that customers can see their funds by logging in, they can also add their bank account to withdraw their future incoming payments.

Venezuela was one of the countries whose clients were most affected, since they do not have the option to withdraw the funds to a bank account. So they are subject, pending the normalization of the current situation. It should be noted that in Venezuela both Payoneer and PayPal have become an escape valve, for the controls imposed by the state on its citizens. Meanwhile, users of this platform in this country trust that this situation will be resolved promptly.