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Old 01-11-2019, 10:26 AM   #51
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Quote:
Originally Posted by tayax View Post
They told me it's not possible anymore....

Code:
Your EFT was rejected because transfers to TRANSFERWISE are not available anymore therefore our processors will no longer send payments to these types of bank accounts.
Shit... paid about 0.7% in conversion fee there, paxum takes 3.5%.
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Old 01-14-2019, 12:49 PM   #52
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Originally Posted by LitAsFuck View Post
i know that the temp cards are real cards, i have one of those.
but you know what i am talking about since you announced the next cards as "real" paxum cards, with real i don't mean that trucash cards are virtual cards or whatever.
so, how can i find out when i will get my next card with higher limits?
When a permanent Paxum card is submitted for your account you will see a new entry inside your Paxum account for a Paxum card. You will be able to monitor its progress within your account. Unfortunately I cannot give you a timeframe for when this will display inside your account specifically and I apologize for that.


Quote:
Originally Posted by tayax View Post
They told me it's not possible anymore....

Code:
Your EFT was rejected because transfers to TRANSFERWISE are not available anymore therefore our processors will no longer send payments to these types of bank accounts.
All withdrawals will only be approved to your own real bank account. This means withdrawals to Non Banking Institutions or Payment Service Providers or any financial entity other than a legitimate licensed bank will not be approved. We do not allow withdraw operations to any name other than the name verified on your Paxum account.
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Old 01-14-2019, 01:06 PM   #53
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When a permanent Paxum card is submitted for your account you will see a new entry inside your Paxum account for a Paxum card. You will be able to monitor its progress within your account. Unfortunately I cannot give you a timeframe for when this will display inside your account specifically and I apologize for that.


All withdrawals will only be approved to your own real bank account. This means withdrawals to Non Banking Institutions or Payment Service Providers or any financial entity other than a legitimate licensed bank will not be approved. We do not allow withdraw operations to any name other than the name verified on your Paxum account.
Transferwise have all the necessary licenses and the only problem with them is that they are much cheaper than the traditional banks, or in your case-cheaper than your big conversion fees.

About your "card", I've been monitoring the new card issue for 10 months now. What is the term for the process of charging a service that you know you can't offer. I guess it's called stealing.
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Old 01-15-2019, 04:56 AM   #54
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Transferwise have all the necessary licenses and the only problem with them is that they are much cheaper than the traditional banks, or in your case-cheaper than your big conversion fees.

About your "card", I've been monitoring the new card issue for 10 months now. What is the term for the process of charging a service that you know you can't offer. I guess it's called stealing.


paxum is anonymous yet too careful where customer send money . hmmm is it possible to provide EFT for 190 countries? paxum trying to cut many users from withdraw cash and offer bad alternative as traditional wire transfer .



reuters.com/article/transferwise-britain/start-up-transferwise-breaks-into-britains-faster-payments-scheme-idUSL8N1RU4OL
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Old 01-15-2019, 06:17 PM   #55
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Paxum. Winning.

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Old 01-16-2019, 04:53 AM   #56
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Paypal. Winning.

https://www.trustpilot.com/review/www.paypal.com
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Old 01-16-2019, 05:38 AM   #57
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All withdrawals will only be approved to your own real bank account. This means withdrawals to Non Banking Institutions or Payment Service Providers or any financial entity other than a legitimate licensed bank will not be approved. We do not allow withdraw operations to any name other than the name verified on your Paxum account.

As far as I know, Revolut is a real banking institution and yet you also refuse EFT on those accounts. I don't understand what's the problem....
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Old 01-16-2019, 05:57 AM   #58
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. . .
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Old 01-16-2019, 07:12 AM   #59
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All withdrawals will only be approved to your own real bank account. This means withdrawals to Non Banking Institutions or Payment Service Providers or any financial entity other than a legitimate licensed bank will not be approved. We do not allow withdraw operations to any name other than the name verified on your Paxum account.
WOW. Paxum discrediting Transferwise

Are you saying they are not licensed Ruth?

How fucking obtuse are you?
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Old 01-16-2019, 08:36 AM   #60
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i don't have either, i was one of the first to receive the trucash card but since they changed the limit and paxum announced that their new "real" paxum card will have higher limits i am waiting for it.
since this announcement they have stopped talking about the new card!
Ok, my Paxum Prepaid Card (SEPA) is now in "Printing" status from 2019-01-13 15:27:54.
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Old 01-16-2019, 10:52 AM   #61
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As far as I know, Revolut is a real banking institution and yet you also refuse EFT on those accounts. I don't understand what's the problem....
Revolut doesn't give you a virtual bank account, transferwise however does so they shouldnt be shafted, but i believe this is either
a) they are being shafted on fees so they removed these options
b) banks have a hard time with these operations because they're gaining more and more ground and pushing them out.
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Old 01-16-2019, 10:58 AM   #62
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Transferwise is not a bank.

Revolut is not a bank either.
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Old 01-16-2019, 11:23 AM   #63
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Ok, my Paxum Prepaid Card (SEPA) is now in "Printing" status from 2019-01-13 15:27:54.
interesting, mine card status has not changed yet, it still has the "Submitted" status and this since end of October.
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Old 01-16-2019, 11:47 AM   #64
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Yes, but there's a difference between the two tho. With transferwise you do indeed get a virtual bank account in your name, with revolut you don't.
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Old 01-16-2019, 11:56 AM   #65
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The truth is that Paxum are under special control because they are OK with the porn business. They will never be able to offer a secure and stable service because for the conservative authorities in the US and the EU porn is the equivalent of something bad.

On the other hand, the selective announcement of fragments of the truth, disparaging attitude towards customers and wrongful collection of fees are things that are unacceptable for any business. For example, the lady's behavior from today. She came to tell us which institutions are not banks, neglecting to say why the transfers to an external card don't work or why we paid an annual maintenance fee, in my case also a fee for reissue for a service that does not exist.
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Old 01-16-2019, 12:17 PM   #66
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I think we'll never receive these new cards ... I'm waiting for mine almost 1 year already. I've created 2 external cards specially to withdraw from paxum, both stoped working after few transactions. Transferwise was a great solution (received their card for a week). The only thing I regret is that I did not pull out all my balance while i had this chance....
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Old 01-16-2019, 12:33 PM   #67
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The truth is that Paxum are under special control because they are OK with the porn business. They will never be able to offer a secure and stable service because for the conservative authorities in the US and the EU porn is the equivalent of something bad.

On the other hand, the selective announcement of fragments of the truth, disparaging attitude towards customers and wrongful collection of fees are things that are unacceptable for any business. For example, the lady's behavior from today. She came to tell us which institutions are not banks, neglecting to say why the transfers to an external card don't work or why we paid an annual maintenance fee, in my case also a fee for reissue for a service that does not exist.
Yes I posted about Transferwise and Revolut as they were both mentioned in this thread.

Transfers to external Mastercards are functional. Transfers to external Visa are not currently available. I'm sorry I thought that had already been made clear.

We charge $44.95 USD for the annual card fee. If you do not want the card we can refund the annual card fee at any time.
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Old 01-16-2019, 12:42 PM   #68
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We charge $44.95 USD for the annual card fee. If you do not want the card we can refund the annual card fee at any time.
On the contrary, I do want the card, but it just doesn't exist. That's what I'm talking about. Instead of explaining what the fees are for, explain where the cards are.
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Old 01-17-2019, 01:30 AM   #69
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Yes I posted about Transferwise and Revolut as they were both mentioned in this thread.

Transfers to external Mastercards are functional. Transfers to external Visa are not currently available. I'm sorry I thought that had already been made clear.

We charge $44.95 USD for the annual card fee. If you do not want the card we can refund the annual card fee at any time.




Would be great to update the website saying VISA are not an available option.


Can you clarify something: is it possible to withdraw to a Transferwise Mastercard?
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Old 01-17-2019, 01:38 AM   #70
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On the contrary, I do want the card, but it just doesn't exist. That's what I'm talking about. Instead of explaining what the fees are for, explain where the cards are.
Ruth is deliberately tricky in her answers, no straight question gets a straight answer.

This company is as dodgy as you can get, all the red flags exist:
  • Operates out of Post Office Box
  • No Real Headquarter Address on Website
  • Obscure Support & Questionable Customer Service
  • Regulatory Troubles with Banks, Cards & Operation in some countries eg: USA

Then add that to cards promised that don't exist, two sales reps in western countries with the rest of the operation hidden from view. Paxum smells.

If Paxum goes belly up, Ruth will be claiming plausible deniability in that she's only a rep and only tells people what she's been told to say. There's zero accountability with Paxum.
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Old 01-17-2019, 02:07 AM   #71
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When is the EFT option coming for Indian Webmasters?
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Old 01-17-2019, 03:39 AM   #72
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Ruth is deliberately tricky in her answers, no straight question gets a straight answer.
Unfortunately, you're right. Sometimes this is even more irritating than their daily problems.

Quote:
Originally Posted by tayax View Post
Can you clarify something: is it possible to withdraw to a Transferwise Mastercard?
I'll probably give you a more accurate answer than hers. No, you can't because Transferwise will probably refuse the transaction.
Quote:
We may, at our reasonable discretion, decline the use of your Card for situations including, but not limited to: transactions for cash (other than ATM withdrawal) including for example cash back, cash from a bank, money orders, traveller’s cheques, foreign exchange, or bureau de change, or any illegal purposes.
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Old 01-17-2019, 06:53 AM   #73
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interesting, mine card status has not changed yet, it still has the "Submitted" status and this since end of October.
Update: "Shipped (Shipped 2019-01-16 17:25:37)"
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Old 01-17-2019, 07:17 AM   #74
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Anybody know if Paxum EFT's work, sending them to Monese ?

Ruth ?

I tried to withdraw to external mastercard last week.
It said approved, then about 1 min later i got an email saying it failed.
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Old 01-17-2019, 07:49 AM   #75
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Ruth is deliberately tricky in her answers, no straight question gets a straight answer.
ya.

cards in the motion

lol

#pathetic
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Old 01-18-2019, 06:23 AM   #76
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That is great news Brian! Thank you for sharing your experience!
Made my second EFT in Canada last night and this morning i got a notification its been completed.
Should show up in my bank account sometimes today!

I like it and i don't need a card anymore, EFT to my bank account do the job for me .
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Old 01-18-2019, 07:18 AM   #77
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Made my second EFT in Canada last night and this morning i got a notification its been completed.
Should show up in my bank account sometimes today!

I like it and i don't need a card anymore, EFT to my bank account do the job for me .
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Old 01-18-2019, 07:19 AM   #78
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Paul Markham loves Paxum
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Old 01-18-2019, 11:27 AM   #79
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Finally happy to say I have $0 stored on my paxum.

I transfered everything to Revolut Mastercard. It works.$6 + 2,95%
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Old 01-18-2019, 03:56 PM   #80
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Yea, expect that to be disabled soon (possibly), but i don't see much financial benefit in that from their own mastercard (if you have it).
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Old 01-22-2019, 11:51 PM   #81
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How long does it typically take from the time you get an email confirming an EFT payment has been 'initiated' to the time you get a one that says 'completed' ?

I'm sure it varies, but it should not usually take more than 24 hours , right ?

Thanks
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Old 01-23-2019, 01:59 AM   #82
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How long does it typically take from the time you get an email confirming an EFT payment has been 'initiated' to the time you get a one that says 'completed' ?

I'm sure it varies, but it should not usually take more than 24 hours , right ?

Thanks
My experience is that usually it takes 12-24 hours. A very few times it takes up to 2 days.

By the way, does anybody understand the limits?
My account (and the front page) states that EFT transaction limit is $3500 and daily limit is $10000.

But when trying two transactions of $3200 only the first works, and support tells me:
Quote:
Please note that the daily limit for the EFT withdrawal is $3500.
I don't understand how I can misread the text on their site stating it is $10.000.
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Old 01-23-2019, 10:50 AM   #83
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I am waiting my temporary card since may 2018.
I see on this forum there a lot Paxum bots who lick to Ruth for some bonus.
In past Paxum was good, but now it is not. You can see sometimes that woman in red who talk the same story..
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Old 01-23-2019, 11:36 AM   #84
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How long does it typically take from the time you get an email confirming an EFT payment has been 'initiated' to the time you get a one that says 'completed' ?

I'm sure it varies, but it should not usually take more than 24 hours , right ?

Thanks
mine took around 2-3 business days.
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Old 01-24-2019, 06:45 AM   #85
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My experience is that usually it takes 12-24 hours. A very few times it takes up to 2 days.

By the way, does anybody understand the limits?
My account (and the front page) states that EFT transaction limit is $3500 and daily limit is $10000.

But when trying two transactions of $3200 only the first works, and support tells me:

I don't understand how I can misread the text on their site stating it is $10.000.
it's just bullshit . do you believe anything paxum say ?
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Old 01-24-2019, 09:20 AM   #86
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@klinton @xxx6live

Thanks for the replies.

It took about 36 hours to get the 'completed' email.

And almost 36 hours later the funds are NOT in my acc.
I guess ill give it until end of business tomorrow.

EFT's should'nt take this long to a standard bank.
Should take max 24 hours.
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Old 01-24-2019, 12:13 PM   #87
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Made my second EFT in Canada last night and this morning i got a notification its been completed.
Should show up in my bank account sometimes today!

I like it and i don't need a card anymore, EFT to my bank account do the job for me .
I'm assuming you did an EFT from Paxum USD to a Canadian Dollar account? If so, what's the conversion rate?

I know the feee itself is, umm, I think $8.95 USD to do the EFT, but curious what Paxum takes on the conversion rate to Cndn.
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Old 01-31-2019, 08:28 AM   #88
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When is the EFT option coming for Indian Webmasters?
Anyone has any idea on this?
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Old 01-31-2019, 08:52 AM   #89
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I'm assuming you did an EFT from Paxum USD to a Canadian Dollar account? If so, what's the conversion rate?

I know the feee itself is, umm, I think $8.95 USD to do the EFT, but curious what Paxum takes on the conversion rate to Cndn.
Paxum Exchange Rate: 1 USD = 1.2767 CAD (1 CAD = 0.7833 USD) ( jan 31, 2019 )
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Old 05-10-2019, 07:37 AM   #90
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Four months later: None of the five currencies mentioned in the OP (AUD, CAD, HUF, PHP, PLN) are listed as available for EFT withdraw.

What happened?
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Old 05-10-2019, 08:01 AM   #91
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In fact I notice USD is missing from the EFT list, too.

What's going on?
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Old 05-10-2019, 08:40 AM   #92
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They should really re-enable transferwise till they fix this. But doubt that will happen.
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Old 05-10-2019, 08:42 AM   #93
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Originally Posted by rowan View Post
Four months later: None of the five currencies mentioned in the OP (AUD, CAD, HUF, PHP, PLN) are listed as available for EFT withdraw.

What happened?
Why isn't Ruth responding to any of these threads?

How long has it been since Ruth posted here?
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Old 05-10-2019, 08:43 AM   #94
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Originally Posted by Bladewire View Post
I sent Ruth responding to any of these threads?

How long has it been since Ruth posted here?
She replied to my email i guess they are just busy
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Old 05-10-2019, 08:47 AM   #95
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well the shit just hit the fan!
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Old 05-13-2019, 07:26 AM   #96
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No response to my ticket asking what happened (is Paxum support 24/7 or business hours only? I couldn't find this information) and no response on GFY that I can see.
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Old 05-13-2019, 09:01 AM   #97
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Update.... Paxum have since responded:

We don't have an estimate but we're working on having it re-instated.

We assure you that as soon as we have an update you will be notified.
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Old 05-13-2019, 11:00 AM   #98
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So no more withdraws with Paxum card?
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Old 05-13-2019, 12:47 PM   #99
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Originally Posted by ladida View Post
They should really re-enable transferwise till they fix this. But doubt that will happen.
I have this same question, do they need to enable?, we cannot just send a wire to our transferwise account?
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Old 05-13-2019, 06:04 PM   #100
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Still missing my wire from the 2nd
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