Has The Equity PayPal Withdrawal Method Stalled?

Update: 24th November, 2017. Equity Bank stopped the method below and now uses an even better one. Click here to check it out.

Update: 16th Nov, 2013. This withdrawal method is back to normal. Here is Equity’s official position on the PayPal withdrawal delays.

When Equity Bank first introduced their PayPal withdrawal method, I did a blog post and titled it Equity Bank Joins the PayPal Withdrawal Race – Deal or No Deal?.

By then, my hope was that this was not going to be a similar case with NationHela which was widely publicized but soon became unreliable and was eventually called off. I personally tested the Equity method and confirmed that it worked.

However, from reports that I am getting on my blog comments and social media, people are wondering if this method has stalled. People who withdrew their cash on 29th October have not received any money yet, a whole 14 days later (at the time of writing).

Below are some of the comments I’ve been receiving. Click on a comment to see exactly where it was originally posted:

The promised 5-8 days for paypal withdrawal does not work. I have been waiting two weeks now @KeEquityBank @FreelancerKenya

— Milli (@mnjue) November 12, 2013

My advice is that you avoid using this method till this problem is cleared.   In recent news, there was also a problem withdrawing money using a Payoneer on Equity Bank ATMs. This had a wide response in my Facebook page as seen below: