Earning money online

Freezing Thousands of Payoneer Cards: What Happened and What It Means Freezing Thousands of Payoneer Cards: What Happened and What It Means In June 2020, thousands of freelancers and businesses faced frozen funds as Payoneer’s card issuer, Wirecard, collapsed under fraud investigations. Here’s the full breakdown. Thousands of Payoneer prepaid cards were frozen due to Wirecard’s collapse. Key Points Cause: Wirecard, Payoneer’s card issuer, was exposed in a multi-billion fraud scandal. Impact: Freelancers and businesses lost temporary access to funds loaded on their Payoneer cards. Aftermath: Regulators and Payoneer worked to restore access, but trust was shaken. What Happened In June 2020, German fintech giant Wirecard , which issued Payoneer’s prepaid Mastercards, collapsed after admitting...