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-   -   RedPass = Paxum Killer (https://gfy.com/showthread.php?t=1050837)

V_RocKs 12-22-2011 07:06 AM

I don't see it killing Paxum. I have gotten way to used to it.

If the redpass interface is anything as shitty as the Zombaio webmaster interface is, I won't be using redpass ever.

Niktamer 12-22-2011 07:07 AM

I like Paxum .. Octav being Canadian is a big + for us

and honestly for redpass having the word "pass" and the same rep as epassporte had....somehow give me a weird feeling .

V_RocKs 12-22-2011 07:07 AM

Quote:

Originally Posted by nikki99 (Post 18646387)
3rd world countries, every time I withdrawal money from paxum I need to pay a fee $8 dollars aprox, is that normal?

Yes... Banks do the fees for that, not Paxum.

It is MUCH cheaper than cashing a check in 3rd world country and many times less than a wire fee. Just need to withdrawal in large amounts.

Chris 12-22-2011 07:10 AM

Quote:

Originally Posted by nikki99 (Post 18646387)
3rd world countries, every time I withdrawal money from paxum I need to pay a fee $8 dollars aprox, is that normal?

Paxum does not charge anything over the $2.00 ATM withdraw fee.

but ICQ me or email me please

[email protected] - 71462500



Chris

Michael O 12-22-2011 07:25 AM

Quote:

Originally Posted by LIQUIDER (Post 18646428)
i stiil cant find redpass at sponsors that i use..
maybe next year :)

We have sponsors signed up, we are a new company and adding customers every day but its the holiday season and they have to announce themselves
that they added RedPass.

CaptainHowdy 12-22-2011 07:25 AM

Paxum for me ...

Talia_Payoneer 12-22-2011 07:42 AM

Quote:

Originally Posted by Why (Post 18645179)
after the epassporte fiasco, anyone keeping any money in these services is asking for it. Unless they are FDIC insured and backed by a proper bank with a license, i wouldnt touch em with a ten foot pole.

IMHO.

Since you mentioned it, Payoneer IS FDIC insured, and we are backed by several banks, but also very large venture capital firms, including Greylock Partners and Carmel Ventures. We're also a registered Money Service Business in the USA. You can see it listed here (under New York): http://www.fincen.gov/financial_inst...eselector.html

dirtymind 12-22-2011 07:53 AM

i use paxum but i don't keep my money on it after losing a couple of k wit epassporte

u-Bob 12-22-2011 08:02 AM

Quote:

Originally Posted by Michael O (Post 18645486)
Competition is good for everyone

True.

feedback: I think Redpass is making a mistake by branding itself as a payment solution for the online entertainment industry. That's kinda limiting yourself, when the market for ewallet services is a lot bigger.

Michael O 12-22-2011 08:29 AM

Quote:

Originally Posted by nikki99 (Post 18646387)
3rd world countries, every time I withdrawal money from paxum I need to pay a fee $8 dollars aprox, is that normal?

Mastercard charges a 1% fee if you withdraw in a non USD currency some banks or card issuers may add on an additional 2-3% or more which RedPass do not do.

Since I see Payoneer in a RedPass/Paxum thread thread I will bring up this thread: https://gfy.com/showthread.php?t=1048440 Where both Paxum and Payoneer claims that MC charges up to 3% in currency conversion fees.
MC charges 1%, look it up, research it and realize thats the way it is.

I did a withdrawal in THB on my RedPass card.
http://www.redpassblog.com/thailand2.jpg
I got 31 THB/USD which were as good as the rate for $100 bills at Bangkok Bank

I did the same transaction at one of our competitors and got:
http://www.redpassblog.com/thailand1.jpg
Which is an exchange rate that is 3% worse.

So for someone withdrawing in non-us currency and making $2.000 a month they would make more than $700 a year using RedPass compared to our competitors.

Michael O 12-22-2011 08:30 AM

Quote:

Originally Posted by u-Bob (Post 18646555)
True.

feedback: I think Redpass is making a mistake by branding itself as a payment solution for the online entertainment industry. That's kinda limiting yourself, when the market for ewallet services is a lot bigger.

Can you please send me an email, I have been trying to catch you online but ICQ sucks so email might be better.
[email protected]

u-Bob 12-22-2011 08:34 AM

Quote:

Originally Posted by Michael O (Post 18646607)
Can you please send me an email, I have been trying to catch you online but ICQ sucks so email might be better.
[email protected]

mail sent

JFK 12-22-2011 08:37 AM

Quote:

Originally Posted by dirtymind (Post 18646540)
i use paxum but i don't keep my money on it after losing a couple of k wit epassporte

smart move, they are all transfer services, once they did they job, do yours, take the funds out:thumbsup
We use Paxum, Payoneer and Red Pass, giving our clients multiple choices:thumbsup

brassmonkey 12-22-2011 09:40 AM

we'll see but its pretty late in the game.

cooldude7 12-22-2011 11:12 AM

idea is to diversify ;)

or can i say spread out your monies in various accounts, so if one goes down, u wont be broke :P

Chosen 12-22-2011 01:10 PM

I support Paxum :thumbsup

LatinaCrazy 12-22-2011 01:22 PM

Quote:

Originally Posted by nikki99 (Post 18646387)
3rd world countries, every time I withdrawal money from paxum I need to pay a fee $8 dollars aprox, is that normal?

Nikki I can tell you this, we pay 3 bucks for each withdrawal Citi Bank tries to hit us up for 4 bucks, but that is not what hurts, What hurts is that Payoneer chares about 3.5% on FX. They insiste they dont but I can do the not so complicated math.

As for us people in the Third World countries many ATMs have a very low limit as to what you can withdraw, around 200 bucks. Why is that important? Well for on to take out 2k that is 10 withdrawals in 1 day. 30 bucks. Then many cards have a limit as to how many daily, weekly, monthly transactions you can have. Most cards are limited to 5 transaction at the ATM daily..

By the way RedPas does not list number of permitted transactions.

So if not only sponsors but other companies start using RedPasss it will save us a lot of money.

nikki99 12-22-2011 01:42 PM

Quote:

Originally Posted by LatinaCrazy (Post 18647194)
Nikki I can tell you this, we pay 3 bucks for each withdrawal Citi Bank tries to hit us up for 4 bucks, but that is not what hurts, What hurts is that Payoneer chares about 3.5% on FX. They insiste they dont but I can do the not so complicated math.

As for us people in the Third World countries many ATMs have a very low limit as to what you can withdraw, around 200 bucks. Why is that important? Well for on to take out 2k that is 10 withdrawals in 1 day. 30 bucks. Then many cards have a limit as to how many daily, weekly, monthly transactions you can have. Most cards are limited to 5 transaction at the ATM daily..

By the way RedPas does not list number of permitted transactions.

So if not only sponsors but other companies start using RedPasss it will save us a lot of money.

and all of this because we are Negros


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