Payoneer, one of the leading Prepaid Mastercard service provider has notified its indian users, that all the prepaid mastercards will not function till the next notice arrives from indian bank authorities. This was one of the best alternative for paypal transactions and supported by so many Affiliate Marketing sites and Freelancing Providers. This is really going to be tough time for Payoneer users, who stopped using paypal and using this as an alternative to paypal.
Lets have a look at the email sent by Payoneer.
Due to instructions from the Indian local banking authorities, Payoneer Prepaid MasterCard cards have been blocked for local transactions made in India.Your Payoneer card continues to be functional anywhere other than India (including transactions made online on global websites), and all funds in your account are secure.Other payment companies have experienced similar restrictions in the past, and most have been temporary and have taken a few weeks to resolve the situation. Payoneer and MasterCard are working with local banking regulators to address the situation. Payoneer is also preparing alternative ways for you to continue to receive payouts, and expects you will be able to continue to receive your payments in the future. We apologize for the inconvenience and will keep you informed.We have opened a special mailbox for you to communicate with our Customer Support. Please feel free to contact us at [email protected].
However, there is an assurance from Payoneer, that the balance will remain safe and secure for account holders, till the block override.
Bad news. Yes i heard about this on another blog.
Yea bro. hope to see the service resumed soon and back to normal.
_Robin
I am also a user of Payoneer and this news disappointed me.
oh. i am so sorry to hear that bro. lets wait with a positive hope of payoneer resuming their service in india soon.
_Robin
It is really very disappointing. But PayPal may be a good alternative for Payoneer in this condition.
Currently paypal is doing fine bro. But anytime paypal will go mad and start hunt for indian user accounts. Nuisance sort of.
_Robin
Yeah it’s bad news because Payoneer is one of paypal alternative
One of the best alternative. You are right bro. Btw, next time try leaving your name or nickname as a signature.
Cheers.
_Robin
It is really bad, first Paypal and then payooner. Dont know why Indian banking authorities acting this way
Its clear they don’t want freelancers and bloggers to flourish.
yea bro. its going tough especially for bloggers who earn little compare to many who illegally transfer funds from abroad. huh.. pathetic system we have.
_Robin
Sad news, paypal sucks and now this. How are we gonna earn.
Adsense?!
Do you recommend any other payment processor?
Yes paypal sucks, they just locked my friend’s account without clear reasons. In conclusion do not keep much money in paypal because they could do anything when your activities are considered suspicious.
@Enterdel, bro can you get the exact reason for his account blocked ? Because i know people who withdraw 5000 USD per month from Paypal and using it better.
Any verification problem ??
_Robin
Problems arise when someone makes dispute and the bad thing is because items sold are digital items and the buyer do not want to help to solve this problem, basically he’s just a cheater because he actually has received items.
My friend has been verified using a credit card but it useless, and paypal still closes his account with the money left there.
That’s a pretty douche thing to do, I would be outraged if I live in India.
-A canadian.
Pretty bad for Infolinks users! 🙁
Exactly. many infolinks users use payoneer. lets hope for the best bro.
_Robin
In india these services always land in a problem….first Paypal had now Payoneer comes…
I have applied for it, but didn’t get it yet