Paxum closing US PERSONAL Accounts
Wow, this is huge news, they quit allowing US citizens getting Mastercards but now accounts closing. Sad news sad sad :helpme :(
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I just started a thread at the same time. Received the notice. This is disappointing.
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ya man, just seen too, ya this is almost devistating :(
I want to know what's going to happen with funds sent to our closed accounts, Paxum (Ruth, Chris?) do you have something for this? |
Soo what is the reason
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not good news at all
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ETF'ing my $$ outta there today... but we have limits!!! So that'll be another issue :( Also with incoming payments going to an invalid Paxum addy (after closing accounts our payments will be invalid i guess)
... this going to be a terrible mess |
interesting turn of events
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i avoided them for payments no big deal here
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Cant you guys just move to Paxum Bank?
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I messaged them about the paxum bank, I can't even sign up - it's downloading a scrambled zip file when I hit signup
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2 whole days of notice? Awesome!
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Just to clarify we are closing US Personal accounts.
US business accounts are fine. As for the 48 hour notice. The 48 hour is for you to manually go into your account and transfer the funds to your bank or to your card. If you do not do this within 48 hours we will start the process for you. No one will have funds stuck with us. |
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Future payments will be sent to our closed Paxum accounts, this is unavoidable. How will this be handled?
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If the reason they gave was true, they would close all perso accounts not just the US. It is obvious that they have a American 3 letters organization like the FBI on their back but they can't admit this or it would making people panic. |
There are hundreds if not thousands of paysites who pay out via paxum, how will the transfer be handled in only a 48 hour period?
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2 days? fucking hard. I feel federal shit? IRS?
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It just adds to the list of USA account closings recently
bitmex okex bitfinex bx and now Paxum :Oh crap |
What was the reason given? My account is european so I didn't get the message and jscott cut it off.
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Sorry Konrad, here's the full:
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some people were notified of their Paxum US personal accounts being closed months ago and there were threads/posts about it. you guys must have missed them.
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Paxum sounds like Epassporte... well, reminds me of this nightmare!
a shame |
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They clearly have some kind of concerns if that they want those private account holders off that quickly. |
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Paxum had already removed US citizens use of Mastercards, so this is not totally surprising, but they seemed like they were working to improve US customers situation, last i heard they were "working on getting US mastercards back" and yes agreed, 48hrs is not enough time, i for sure will be getting some payments sent to my soon-to-be closed Paxum addy, waiting to find out what will happen about those :Oh crap |
@chris can we open business accounts in the USA?
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I just don't get what makes them give short notices like that.
Great customer service on their part. |
If you have a Paxum Open Mastercard ( printed from Choice Bank ) you can use it after Jan. 10... as long as the card isnt expired.
My card is valid thru March 30 2018 |
Yes, I would say non-US customers who receive a lot of affiliate payments ought to consider beginning to move those payments to other methods. You don't want to get caught and screwed by this unconcern for the customer when it's your turn!
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:helpme |
This strikes me as a completely unprofessional move by Paxum.
We have supplier (affiliate) payments that are just about to be made. We sent a wire load to Paxum a week ago in good faith, to be able to pay these suppliers. And, NOW you pull the rug out from under these account holders? We are not directly affected (we have a Canadian Business account with Paxum), but we will work with any impacted suppliers to get payment to you, by whatever payment method we offer that works best for you. For those that are impacted, please contact me; [email protected] or Skype:ravo.fpctraffic |
So I logged into my personal account and it tells me to change the password. I change the password and log back in and it says "This account is closed"
So how do we get our money out? And unless you plan on keeping our money how do we get around the daily withdrawl limits? |
sad to hear
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Sorry to hear that for All the US client who will be affected with this. But there is still other service out there !
We have invite our USA Client to Join epayments as alternative if they can't open a Paxum business account. Any client from TC Network who will be affected by this Paxum change your welcome to email us : [email protected] . Thanks |
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Is this just me, or have others seen this issue? When I verified my account I was sent to finish the signup. There is no "United States" option for Citizenship. http://www.musclewomen.org/Capture.PNG Under Country Of Birth there is an option for "United States" http://www.musclewomen.org/Capture2.PNG But again for Country Of Residence there is no option for "United States" http://www.musclewomen.org/Capture2.PNG Has anyone else seen this? |
48 hour notice, fucking lol. Did Chris Mallick get ahold of this one too?
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what will happen to all the documents and documents being held above the heads photos id's etc.
saw this coming from a mile away odd we can still make accounts with payoneer firstchoice same bank. |
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official reason Chris?
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Months of consideration, 48 hours of notice. This doesn't smell right.
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FATCA has finally reached paxum?
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I started the Application process for Paxum Bank in Berlin at the XBiz show. 2 months later, I get BS rejection from whatever "Bank" and you guys did ABSOLUTELY NOTHING to help me when I notified you. AND, as of right now, midnight London time, NO NOTICE from Paxum! Good thing I subscribe to XBIZ and have this window open. AWFUL! Are you planning to show your face at InterNext in 2 weeks????? |
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