I am pro-PIPS, but am afraid that several calls to Picpay reveal that only 10 withdrawals are being approved per day and bankwires and cheques will continue to be 5-6 months behind for a very long time.

These were phone calls this week. About 80,000 are trying to withdraw according to the communication.

Then I read the VAT update that they are ready to go, but Picpay is not. Then the Phillippines bank can speed up withdrawals if additional staff were employed by them and Picpay - but they won't.

Also, they could use the services at http://www.epaycardservices.com/ or http://discount.can-wtd.com/index.php?ref= - we members are quite prepared to pay the additional costs. We are also prepared to pay for additional Picpay and Bank staff.

This is very sad news for a very loyal Pipster. All I can do is hang in there.