Quote:
Originally Posted by SAC
So according to Ruth Paxum is incorporated in Canada but Paxum's terms claim Belize...so what the fuck is it? Also what bank does Paxum actually use since its not listed anywhere on your site?
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the belize jurisdiction is for the credit card as per the licenses with Master Card international you have to have an entity in the country where the card is issued from.
Paxum Inc. is a Canadian corporation feel free to verify on the government website at :
https://ssl.req.gouv.qc.ca/slc0110_eng.html
enter paxum and hit search.
Paxum is a fully accredited Money Transfer business in Canada feel free to verify at
http://www10.fintrac-canafe.gc.ca/ms...earch-eng.html
note: The FDIC guarantees $250k if the BANK FAILS and pays that money to the ewallet business (paxum for example) and not to account holders of paxum (webasters). at any single time any serious money transfer business like paxum has several millions floating and that 250k does not cover much. If a company was to go bankrupt again that FDIC does not cover people's money in any way , thats why we say that it is bullshit and anybody bragging about FDIC insurance just takes people for fools.
but its 10pm here and I'm going to get some rest
