GoFuckYourself.com - Adult Webmaster Forum - View Single Post - PAXUM is the best epass alternative. Here's why:

epitome · 10-12-2010, 11:17 AM

My gut usually never fails me and like someone above said, I'm uneasy with Paxum for some reason.

One thing may be that they are trying just a little too hard.

Plus, there has been some disinformation from their reps. For instance, Ruth said that all wallet funds are protected by the CDIC, when in fact only the first $100,000 of an account are protected. All wallet funds may have as little as $100k in aggregate protection. Even if there are multiple accounts (say 5), if it's like the FDIC, they have to be different types, titled different ways to get the $100k for each account.

There was the whole PO Box fiasco and then we're magically presented an address that is to a month-to-month business center (read: no long term lease obligations like a typical 5 year office lease).

Then there is the penis pill association.

Then there is the past no past processing or real financial experience.

Then there are the bugs that programmers discovered.

The misspellings on the website.

The "we're Canadian, but yeah, you're card funds will be in Belize" (yes, I do understand the reasoning of that 100% but I felt like they tried to gloss over that in the beginning).

Then there is the zero experience in the money transfer business.

Then there are the anonymous investors, which is pretty common but there has been a little shady shit over the years in that city and some of us are worried that the anonymous investors are people that got ran out of the biz trying to get back in.

That is just off the top of my head.

A lot of that could have been alleviated through better planning and training but they were more worried about chasing the Epass buck than proper planning and training and that is yet another alarm.

10-12-2010, 11:17 AM
epitome So Fucking Lame Industry Role: Join Date: Jun 2009 Location: St. Petersburg, FL Posts: 12,156	My gut usually never fails me and like someone above said, I'm uneasy with Paxum for some reason. One thing may be that they are trying just a little too hard. Plus, there has been some disinformation from their reps. For instance, Ruth said that all wallet funds are protected by the CDIC, when in fact only the first $100,000 of an account are protected. All wallet funds may have as little as $100k in aggregate protection. Even if there are multiple accounts (say 5), if it's like the FDIC, they have to be different types, titled different ways to get the $100k for each account. There was the whole PO Box fiasco and then we're magically presented an address that is to a month-to-month business center (read: no long term lease obligations like a typical 5 year office lease). Then there is the penis pill association. Then there is the past no past processing or real financial experience. Then there are the bugs that programmers discovered. The misspellings on the website. The "we're Canadian, but yeah, you're card funds will be in Belize" (yes, I do understand the reasoning of that 100% but I felt like they tried to gloss over that in the beginning). Then there is the zero experience in the money transfer business. Then there are the anonymous investors, which is pretty common but there has been a little shady shit over the years in that city and some of us are worried that the anonymous investors are people that got ran out of the biz trying to get back in. That is just off the top of my head. A lot of that could have been alleviated through better planning and training but they were more worried about chasing the Epass buck than proper planning and training and that is yet another alarm. Last edited by epitome; 10-12-2010 at 11:18 AM..