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News Update 30-06-2020: Paygoo is Now Functional Again :). RealEscort has confirmed its successful operation after testing.



Here's the complete update on the situation from its inception to the present...


Wirecard has filed for insolvency, rendering Paygoo cards inoperative!

Paygoo's prepaid card issuer was Wirecard, but Wirecard has misplaced or is unable to locate 1.9 Billion… Today, Wirecard has filed for insolvency.
Find out more by visiting CNBC.
(Refer to the image below for Wirecard's website)


In 2016, Paygoo chose Wirecard as their prepaid card issuer. In hindsight, this decision seems to have been ill-advised.



So, what's next for Paygoo Cards?

We're investigating this issue, but for the time being, we advise against purchasing Paygoo cards. They are currently unusable, and it's unclear why they are still being sold when they no longer function.

We're also uncertain if the cards are operational in other locations, and it's possible that they can't even be used in physical stores.

Until Paygoo resolves the issues with Wirecard and their cards, we recommend using the other payment methods available on our website.
Please refer to the bottom of this page to view our current payment methods.

We believe that Paygoo just needs some time to rectify the situation and the cards should return to normal functionality. So, if you're unable to get a refund for your cards at the moment, hold onto them, as they might become usable again in the future.

We'll update the website news as soon as we have confirmation that the cards are working again!

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News Update 27-06-2020:
The Paygoo website has been updated.


Here's the current message on the Paygoo website:

"
Dear Paygoo Customers,

Your Paygoo card has been temporarily suspended with immediate effect. Please rest assured, we anticipate being operational again soon, but it may take a few days. Your money and card details held at Paygoo are safe and secure.
"
You can find additional details on the Paygoo website at this location.

News Update 30-06-2020:
Paygoo is now functional again :), we at RealEscort have tested it, and it's working.


The UK's financial watchdog has lifted restrictions on the German payments company Wirecard, allowing it to resume payment activities.

For more details about this news, visit bbc.com.