question for Ruth, Paxum
 

In my Paxum euro account in are instructions :Important Message

We are in the process of creating a new IBAN account for your account. This process might take up to 4 weeks to complete.

As soon as this process is finished, new details will be posted here. We are very sorry for the inconvenience that this might have caused you, but we hope you understand that this is beyond our control.


Paxum Inc.

Can I provide bank wire transfers??

I have noticed that too. What does it means ?

yup that is new.. i don't need EU account so i don't mind that.

It most probably means that Paxum (most likely) used the now defunkt Wirecard in Germany for their customer’s IBAN. Since Wirecard had to close, they are bringing in someone else.

The IBAN number is there for you to be able to accept incoming transfers inte your Paxum account, to receive payment from someone who might not have Paxum themselves.