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Old 07-12-2013, 01:24 PM  
RuthB
Let's Get Paxumized!
 
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Join Date: May 2005
Location: Vancouver, Canada
Posts: 7,248
Paxum is a Canadian Incorporated Company. We were incorporated in the province of Quebec in 2007. This is a fact. Paxum is also registered as a company in various other countries, including Belize.

Paxum provides the Paxum prepaid Mastercard to all verified clients who wish to request one. The Paxum prepaid Mastercard is provided through our relationship with Choice Bank of Belize. Hence, since we issue our cards from Belize, we need to mention that in our Terms.

This information has been clearly stated from the beginning when we were repeatedly asked our location and where everything was based. This has NOT changed.

The only thing that has changed recently is that Choice bank has now changed their rules and will not authorize a Paxum prepaid Mastercard with just a drivers license. We are in negotiations with them to reverse this rule, but unfortunately such things take time. As a result, in the interim, in order to provide new Paxum cards to our clients, we must continue to abide by the rules laid out by Choice Bank and request the appropriate identification.

If you do not wish to have a Paxum Mastercard then you do not need to provide any documentation beyond the regular documentation we request for account verification (namely a picture ID and proof of address, and a DL is still acceptable as primary ID for account verification with Paxum). Paxum has ALWAYS provided alternative withdrawal methods such as wire, check, EFT, and to an already existing credit card besides the option of the Paxum Mastercard.
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