Payoneer Pakistan Users Can No Longer Use Payoneer – Change in Regulations

by Aqeel Syed on May 4, 2010

31 minutes earlier I received an ominous email from Payoneer support stating that users from certain countries including Pakistan can no longer use their Payoneer card due to new anti-money laundering laws by US government.

Due to a change in requirements from our regulators, as of June 1, 2010 Payoneer cards will be blocked for transactions in the countries listed by the US government as having strategic Anti Money Laundering (AML) deficiencies. This change will affect card usage in the following countries: Angola, Ecuador, Ethiopia, Pakistan, Turkmenistan and Sao Tome and Principe.

If your card is in use in one of the countries listed, we encourage you to use all funds by May 31, while transactions are still possible in these countries.

Please note that beyond May 31 your card will continue to be fully functional in all countries not banned by the US government, and we will be happy to load payments to the card without any change.

We apologize for the inconvenience and hope that the Payoneer card will continue to provide you with valuable service.

This is a very bad news for every freelancer and web entrepreneur who was completely relying on Payoneer. In this email one question remains unanswered that users will still be able to receive funds and use Payoneer cards to make transactions to US merchants. I had asked this question to Payoneer support and now waiting for their reply. Will keep my readers updated at this situation.

Update: Reasons for Payoneer’s ban of Pakistan.

Update 2: Call for Action

Update 3: Payoneer’s Ban is Partial

Related posts:

  1. Payoneer’s Pakistan Ban is Partial – Only ATM Withdrawls Are Affected
  2. Payoneer Pakistan Ban is Lifted – Payoneer Cards Will Work in Pakistan
  3. iKobo as Payoneer Alternative – iKobo For Business
  4. Why Payoneer Blocked Pakistan – The Truth
  5. Payoneer’s Pakistan Ban – Call for Action

{ 3 trackbacks }

Why Payoneer Blocked Pakistan – The Truth | Earn Money Online With Aqeel Syed
May 4, 2010 at 7:05 am
Payoneer Pakistan Ban – Ways to Take Action | Earn Money Online With Aqeel Syed
May 4, 2010 at 12:54 pm
iKobo as Payoneer Alternative – iKobo For Business | Earn Money Online With Aqeel Syed
May 11, 2010 at 1:39 pm

{ 60 comments… read them below or add one }

Sohaib May 4, 2010 at 8:44 pm

This shit SuxXx,, these effin bastards cnt see us beat them,, anyways any of you tried money bookers or snail mail?????? Any alternate methods to get money transferred from odesk, elance and RAC?????

Regards,
Sohaib

sumair May 4, 2010 at 11:50 pm

this decision is reaction of the paki who tried to bomb times square. fuking jihad fuck you bitch pakis.

Umar May 5, 2010 at 4:15 am

I havent heard any thing about ban on Moneybookers, but I think its on the list too :(

sumair May 5, 2010 at 7:25 am

this is reason why payoneer banned pakistan. these bitches in governement dont care i will fuck them up. read this

it all about money laundring and pakistan is blacklisted.

http://www.thenews.com.pk/daily_detail.asp?id=229154

Thanks bitches

FU

Umer May 5, 2010 at 7:54 am

Hi ALL,
To involve Press is one viable option but i am afraid we cant directly get the media to report this news without any involved interest for them. But one possibility is we should go to the press clubs at different major cities like Lahore Karachi and Islamabad and share with them the negligence of our law makers.

As second step i would also like to share that we the freelancers should form some sort of association like “All Pakistan Freelancer’s Association” to handle such things in future. I am sure there are lots of volunteers including me for such cause. And sure as above we have many enthusiastic people like Aqeel and Alena. Such step will give us a solid platform and we will be in position to say at least an entity in pakistan

Umer May 5, 2010 at 7:55 am

Hi ALL,
To involve Press is one viable option but i am afraid we cant directly get the media to report this news without any involved interest for them. But one possibility is we should go to the press clubs at different major cities like Lahore Karachi and Islamabad and share with them the negligence of our law makers.

As second step i would also like to share that we the freelancers should form some sort of association like “All Pakistan Freelancer’s Association” to handle such things in future. I am sure there are lots of volunteers including me for such cause. And sure as above we have many enthusiastic people like Aqeel and Alena. Such step will give us a solid platform and we will be in position to say at least an entity in pakistan

Talbi H Mirza May 6, 2010 at 7:35 am

I agree with Usman to form some association of Pakistani Freelancers.

Ali May 26, 2010 at 6:21 pm

I received an email from Payoneer that they are re-issuing all cards because they have changed their issuer bank, I requested for one and just got an email that my application has been approved and they need some extra verification documents from Pakistani users, i.e. a copy of Govt. issued ID and proof of address. New card could be used in Pakistan. Although there will be an extra $15 fee for all these extra steps but anyways its a good news :)

Imran Qazi July 25, 2010 at 6:09 pm

Hi,
Is Payoneer still blocked in pakistan? I want to draw money from ODesk, can u tell me if i could draw it from Payoneer or MoneyBookers.
Regards,
Imran

SalmanAbbas007 September 9, 2010 at 2:04 pm

SHAME ON U SYED AQEEL.
U SAID “Will keep my readers updated at this situation.”
AND ITS UNBLOCKED NOW IDIOT.

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