Quote:
Originally Posted by Due
4-6 weeks for transfering money within their own system ? That sound ridicolous, a bank wire is credited often the same day now with many banks
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4-6 weeks for transfering via direct credit to your own credit card ....this is not really their fault ...the way it works that the "transfer" is actually based on using the "refund" feature of visa....Payoneer is blocking the "refunds"/transfers as they probably claim that no transaction was done in the first place so they can not allow a refund ....they do it as ipayout are their competition +they loose on loading fees
The discussion here is that it takes now 4-5 days to load to their own prepaid card, because they dont have enough funds in the settlement account ...they must wire everyday and they claim it takes 4-5 days ....not sure what to say as wires can be send with same day value with no problems, even to Antigua...also it looks like they dont have a lot of money to send in advance or credit line with the card issuer so they must do wire after wire....
I belive it takes 4-5 days as they wires are probably send from EMC in Germany to Ipayout in US and then Ipayout wires the funds to M2 (the compay that issues the cards) then M2 wires to the bank in Antigua...i dont think EMC wires funds directly from Germany to the bank in Antigua..