10-23-2010, 08:45 AM
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Masterbaiter
Industry Role:
Join Date: Feb 2006
Posts: 26,415
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Quote:
Originally Posted by Buzz
wake up people, Paxum is NOT A BANK!
if you want guarantees, safety, transparency - go for a real bank.
if you want fast, handy, compfortable, and [for some people] tax free money transfers - you go for a company like Paxum.
And I totally agree with Chris - if a company like that collapses there's always good chance that you lose your money, no matter if it's insured or not.
so far Paxum is the bet offer on the market.
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No shit paxum ain't a bank... you guys can stop screaming that now. Sheesh.
Maybe I and others went a lil too hard on paxum these past couple weeks, but it was worth it. Questions needed to be answered, and issues about them needed to be spoken up about. Seems they've been tightening up their ship.
I still don't see them as the "best offer on the market" though. I see them as an unneeded middleman here to nickel and dime uneducated adult webmasters with fees and shit. Any dick-head can get that same prepaid master card directly from the choice bank website without paxums logo all over it and since it's a prepaid card there will be no credit check: http://www.choicebankltd.com/card/prepaid.php You could even transfer money from a card with paxums logo on it to one that the smart guy went and got himself from the site since they offer card to card transfers without paxum being involved. Everyone can also get affiliate earnings deposited into any non-paxum prepaid card, its kinda like a bank account direct deposit. All we have to do is demand this stuff from progams instead of demanding more middlemen from programs.
There is no need for paxum to put themselves in the middle of things taking all kinds of fees in between, unless people just want there card to be paxum skinned.
We all can even start our very own paxum/epass type of company and rape the uneducated in our industry with fees for no reason just by signing up here: http://www.choicebankltd.com/card/merchantservices.php

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