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Deposit and withdrawal methods: Wirecard and the consequences

Topic created on 25th Jun. 2020 | Page: 1 of 1 | Answers: 3 | Views: 1,841
ErikS
Amateur

Wirecard and the consequences

25th Jun. 2020, at 11:48 pm CEST#1
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Hi,

you hear a lot in the media about the insolvency and the fraud at Wirecard.

The question I ask myself
Does this have consequences for our credit cards and payments at MuchBetter?
After all, at least the credit cards of MuchBetter have been issued by Wirecard.

This post has been translated automatically

ErikS
Amateur

Wirecard and the consequences

26th Jun. 2020, at 07:57 pm CEST#2
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!!!Super. Just came in!!!

Dear MuchBetter Cardholder,
We are writing to inform you that due to an FCA ruling today, that our card issuer, Wirecard Card Solutions Ltd, have temporarily put on hold usage of all MuchBetter prepaid cards and the MuchBetter wearables. It is important to note that not only is this a temporary situation and we expect that you will be able to use your cards again from Thursday 2nd July 2020.
Please note that all funds you hold within the MuchBetter app are completely ringfenced and safe and are not affected, nor will be affected by this temporary interruption in the future. You can still continue to top up, Deposit and withdraw your funds as normal.
We apologise for any inconvenience caused and we will advise you shortly when you will be able to continue to use your MuchBetter card.
Thank you for your patience in this matter.
Sincerely
Your MuchBetter Team

This post has been translated automatically

mowolum
Elite

Wirecard and the consequences

26th Jun. 2020, at 08:13 pm CEST#3
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Since MuchBetter has problems from time to time and that may also have to do with Wirecard, I would quickly but very quickly, there all the money down.
How often have such things happened and in the end, the little man is the stupid.
I would not rely on what they write -

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ErikS
Amateur

Wirecard and the consequences

27th Jun. 2020, at 12:05 pm CEST#4
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Nobody has liked this post so far
Something like Deposit protection will probably not exist at MuchBetter. Is only ne Ldt

Even though they say something about a financial association (EMI) and so on.

But apparently no one is interested in the fact that you can no longer pay with MuchBetter credit cards

This post has been translated automatically

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