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Deposit and withdrawal methods: Muchbetter Mastercard

Topic created on 28th Jun. 2020 | Page: 1 of 3 | Answers: 28 | Views: 6,866
gamble1
Legend

Muchbetter Mastercard

28th Jun. 2020, at 11:49 pm CEST#1
1 Like

Liked this post: k****8
Hey guys the question is for the users who use MuchBetter with the MasterCard

I got in connection with the Wirecard problem currently the message from muchbetter that my Mastercard was blocked and I will be notified when it is active again

Is it similar to someone?

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danny005
Elite

Muchbetter Mastercard

29th Jun. 2020, at 12:00 am CEST#2
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gamble1 wrote on 28.06.2020 at 23:49: Hey guys the question is for the users who use MuchBetter with MasterCard

I got in connection with the Wirecard problem currently the message from muchbetter that my Mastercard was blocked and I will be notified when it is active again

Is it similar to someone?

Yes, Deposit and withdrawal via the wallet is still possible, only the credit card is currently not available.

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gamble1
Legend

Muchbetter Mastercard

29th Jun. 2020, at 12:42 am CEST#3
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danny005 wrote on 29.06.2020 at 00:00
Yes, Deposit and withdrawal via wallet still works though, only credit card is not available at the moment.

but means I have to post everything to my account again to pay it out or ?

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x00NY
Elite

Muchbetter Mastercard

29th Jun. 2020, at 02:14 am CEST#4
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gamble1 wrote on 29.06.2020 at 00:42
means but I have to post everything to my account again to pay it off or ?

Right, or just wait. I think I read that the problem will be fixed this week

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Jojolino
Amateur

Muchbetter Mastercard

29th Jun. 2020, at 11:11 am CEST#5
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Hi,
I'm the same... also just received an email from MuchBetter
If I understood the mail correctly Muchbetter assumes that you can use the master card on 02.07.2020 again
But whether that is true I will notice ...
Muchbetter makes sense for me only if I can use the prepaid MasterCard otherwise not.
I'm surprised that so few have noticed because I assumed that more people use Muchbetter in combination with the card

Does anyone have more info dbzgl.?

Or who has the days times a withdrawal at the ATM made?


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ErikS
Amateur

Muchbetter Mastercard

29th Jun. 2020, at 12:30 pm CEST#6
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Hi,

already opened a thread about this 3 days ago. Anyway

Yes cards are currently blocked. What interests me more is what happens when MuchBetter goes bankrupt. Is the money on the wallet then gone?
The are yes at the EMA or how that is called. So already under some kind of financial supervision. But sone Deposit protection gives I think times not or?

Hopefully they will look for another provider. Have bissl fear for my money on the wallet. Is two times even three digits but does not want to transfer to the bank. Sense was just that I want to bypass the bank because they make themselves in the shirt and are paranoid

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gamble1
Legend

Muchbetter Mastercard

29th Jun. 2020, at 12:51 pm CEST#7
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Thank you for the answers

@ErikS

Exactly that was also my thought the bank bypass with MuchBetter therefore I am without MasterCard aufgeschmissen

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Jojolino
Amateur

Muchbetter Mastercard

29th Jun. 2020, at 02:05 pm CEST#8
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Yes, without MasterCard MuchBetter makes no sense for me regarding the banks.
Your balance is safe in the muchbetter eWallet, which has nothing to do with the Wire Card Solution. The prepaid Mastercard is issued by the Provider Wirecard, they make the bookings when you withdraw money with the card or buy something in the store with it.
The money in the Ewallet is safe because it is managed by Muchbetter
If you really can't use the Mastercard anymore, you still have the alternative to transfer the money from the wallet to your bank account
But that's out of the question for me because I don't want to have any bookings from something like that on my account

Let's hope that there will soon be a solution for this otherwise it just does not make sense anymore.

Will wait a few days and then contact Muchbetter support, let's see what they say

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Jojolino
Amateur

Muchbetter Mastercard

30th Jun. 2020, at 12:38 pm CEST#9
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Update just found a post:
"
The Financial Conduct Authority (FCA) late Monday night gave the green light for the Munich-based group to resume processing electronic payments in the United Kingdom. Customers would be able to use their cards as usual, the authority said. However, the FCA said it would keep a close eye on Wirecard's business.

Last Friday, the Financial Markets Authority had banned Wirecard Card Solutions Ltd from all regulated activities with immediate effect. In addition, the FCA had issued a ban on moving funds and assets. Wirecard's parent company had filed for insolvency on Thursday."

According to the report, it should go again at the ATM with the card to withdraw money.

if one of you tests it ... would be great if you post it if it really works?
I will test it the days of course.

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ErikS
Amateur

Muchbetter Mastercard

30th Jun. 2020, at 02:29 pm CEST#10
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Great that the info does not come from MuchBetter :| Ne have not tested it yet. Am curious

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