Yes, they only have SEPA region coverage using wirecard UK .. They basically sent the same notice like everybody else. All cards are blocked until further notice.
Europacific bank cards are issued by wirecard as well.... Let's see what happens
I'm a customer and I was shocked I didn't received anything lmao
Dear Client,
Effective immediately, all bank cards are temporarily suspended. You will not be able to load your card, make purchases, or withdraw from the ATM until further notice.
This is the result of the UK financial authorities (FCA) suspending all activities of Wirecard Card Solutions Limited, who is a subsidiary of Wirecard AG, one of the world’s largest payment companies. The FCA chose to suspend Wirecard’s activities today in order to conduct an audit of all their accounts over the weekend.
Wirecard Card Solutions Limited is our card issuer, which we rely on for the operation of our bank card program.
Rest assured that our card program manager is currently in contact with the FCA and has received confirmation that all customer funds are being protected and repatriated, with Wirecard’s full cooperation.
What are my next steps?
We are currently keeping up with all the communications concerning Wirecard.
While our card manager believes the FCA will lift restrictions fairly soon, we will contact you within 5-6 business days with another update. Hopefully, the FCA lifts restrictions and resumes business as usual.
If not, for the purpose of business continuity, our card manager has numerous card issuers in Europe whereby we can continue to support your business regardless of the outcome. We will be able to issue new cards under another vendor relatively quickly in order to accommodate you if necessary.
Should no definitive outcome be presented in the next 5-6 business days, we will pursue this option to replace your bank card and commence returning all funds.
We apologize for this inconvenience and as always, you are welcome to contact our Client Services team by calling +phone, or create a trackable case inside your support center.
Best regards,
Euro Pacific Card Services
Does the FCA audit include looking at all customers of clients of Wirecard UK? You got to do the audit properly right. Wasn't that the whole problem with Wirecard AG in first place that past audits were weak
Does the FCA audit include looking at all customers of clients of Wirecard UK? You got to do the audit properly right. Wasn't that the whole problem with Wirecard AG in first place that past audits were weak
Even if sub 6-figure turnovers are ignored, it's by minimum a year of work to glance over the rest. Which means that fragmented laundering or fraud of any kind will not be caught.
They only issue cards for Sepa region / US too .. Basically like everybody else ...
Payoneer alone has 4 million customers .. How do you even begin to uncover a possible, wait what did they call the other 1.9 billion, a "elaborate and sophisticated fraud".
Would be great if they issue unionpay cards instead of MC and Visa lol
so true, it's not the best to use this bank.Would be better if Euro Pacific Bank issued virtual debit cards. Oh wait......but Euro Pacific Bank customers all need access to cash via ATM's to repatriate the income they avoided paying tax on.
Not everybody
By freezing the business for 5-7 days
They keep saying the same thing, they want to make sure the money is safe.
Is that something diplomatic to say to reassure people, or does Wirecard germany have a way to access that money ?
I am experiencing financial hardship as I can’t access money (for example, my salary) that’s been paid onto my card. What should I do?
If you’re struggling to pay for essentials you might be able to get help from a local welfare assistance scheme.
Ok, let's say everybody from the companies that I can trust with my money.
LOL!... So please stop complaining, peasants, and make your way to the soup kitchen. But know that we still love you and we're only doing it for your protection.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?