Payoneer suspended in India

Discussion in 'Payment Processing' started by yahue, Jan 6, 2011.

  1. Rk's

    Rk's Peon

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    #21
    I guess the next target could be MoneyBookers, however it would be slightly difficult to do it because MoneyBookers send money in India via genuine wire transfer
     
    Last edited: Jan 15, 2011
    Rk's, Jan 15, 2011 IP
  2. rome

    rome Peon

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    #22
    PrePaid cards providers are generally affected, Moneybookers still they dont offer prepaid cards in India
     
    rome, Jan 15, 2011 IP
  3. yahue

    yahue Peon

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    #23
    Latest e-mail update from Payoneer:

    Dear [CUSTOMER],

    Payoneer is pleased to announce our new wire transfer service.

    Following our recent communication regarding card service changes in India, Indian users now have a convenient alternative for receiving Plimus payments directly to their bank account.

    Please go to our secure registration page at Payoneer Wire Transfer Service and enter your bank details (if the link is not working for you please copy the following text into the address bar of your browser https://payouts.payoneer.com/WebApps/MethodRegistration/Registration.aspx). The required information includes the name of your bank, your account number, the name of the account owner, and the bank BIC/SWIFT (an international standard Bank Identifier Code). To find out your bank’s BIC/SWIFT you can use the online BIC search at http://www.swift.com/bsl/index.faces, or simply ask your bank (explain that you are expecting an international wire transfer).

    Please note that the transfer will be made in US Dollars. Transfers can be made to your local currency account or to a US Dollars account, if you own one. Once you register for the service you will receive the funds currently pending for you, as well as future payouts from Plimus. Please allow up to a week for a transfer to arrive at your bank account.

    The first transfer will be made free of charge, courtesy of Payoneer. Future transfers will be made for an introductory fee of $5.00 (promotion valid through March 31, 2011).

    We hope this new service allows you to continue working with Plimus smoothly. Our Customer Support staff continues to be available to you for support – please feel free to contact us at .
     
    yahue, Jan 27, 2011 IP
  4. jhn2001

    jhn2001 Well-Known Member

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    #24
    Its funny , Indian govt doesn't take any action on fraudsters like A RAJA and the people who have the money in swiss bank and they make our lives miserable by introducing these policies .i seriously have started to hate Indian congress for bringing on these pathetic rules .
     
    jhn2001, Jan 31, 2011 IP
  5. DaDreamer

    DaDreamer Peon

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    #25
    Is there any chance that my Payoneer card gonna work again?
     
    DaDreamer, Feb 1, 2011 IP
  6. yahue

    yahue Peon

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    #26
    Right now, it seems doubtful due to the interference of our masters.

    As posted above, Payoneer is setting up a wire transfer system. Your bank will likely take a cut for wire transfer fees. For an average person getting 5000 Rs. a month, you'll probably be left with 2500.
     
    yahue, Feb 2, 2011 IP
  7. elbeer

    elbeer Active Member

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    #27
    Why does India keep getting picked on. Its beyond me that the government stop money going into the country
     
    elbeer, Feb 2, 2011 IP
  8. yahue

    yahue Peon

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    #28
    I think an unexplored reason is the big tech consultancy companies (Infosys, Wipro). Think about it: if you can get the same or more money working independently, why work as a employee with constant fear of losing your job?

    If it becomes too difficult to work as an independent, you'll have to apply for a job with them. Also, wiping out independents makes it easier to prevent the rise of new consultancy companies.
     
    yahue, Feb 3, 2011 IP
  9. elbeer

    elbeer Active Member

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    #29
    The more companies the better surely.
     
    elbeer, Feb 4, 2011 IP
  10. funtoosh

    funtoosh Active Member

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    #30
    The main reason for all these restrictions is to avoid Money Laundering :)
     
    funtoosh, Feb 4, 2011 IP
  11. Albary

    Albary Peon

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    #31
    Yes Payoneer suspended in india Due to instructions from the Indian local banking authorities, Payoneer Prepaid MasterCard cards will be blocked for local purchases (POS Purchase) made in India within the next few hours, and ATM transactions will probably be blocked soon after.

    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

    Thanks
     
    Albary, Feb 10, 2011 IP
  12. robinroosevelt

    robinroosevelt Guest

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    #32
    With 3 month payday loans, get hassle free cash help within your bank account in a day's time with easy settlement option. For more information please visit here!
     
    robinroosevelt, Feb 11, 2011 IP
  13. web-hosting

    web-hosting Peon

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    #33
    Gov rules & roles impact any business sizes except politicians.
     
    web-hosting, Feb 14, 2011 IP
  14. biztiger

    biztiger Member

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    #34
    Anybody withdrawn money from Payoneer through wire transfer. Most bank have intermediatory bank with different swift code. Do you need to give that info also. Anybody tried axis or SBI. How much time does it takes and how much charge you have to pay to recieve transfer.
     
    biztiger, Feb 20, 2011 IP