Paxum closed my account

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  • cosis
    Confirmed User
    • Aug 2001
    • 5291
    #1

    Paxum closed my account

    I have been using Paxum for several years with a few minor issues. Two day's ago when I tried to login it said "Account Closed". After waiting for 2 day's for a reply from Paxum, I was sent this... wtf? The only reason I found out is because my Nifty Stats accounts stopped working because payment didn't go through that is automatically sent. No email, no notice that my account was being closed.


    "Dear ______,

    We were notified that this account can no longer remain open, however, you can continue our relation by opening an account with Paxum Bank (PAXUM BANK LIMITED - Personal Banking, Business Banking, Loans, Merchant Accounts, Mass Payout Solutions).

    Other details aren't available at the moment. If or when they will be we will provide them for you.

    Best Regards."
    Tags: None
    • Barry-xlovecam
      It's 42
      • Jun 2010
      • 18083
      #2
      https://www.paxumbank.com/about/about-us/

      I would wait for Ruth to come by before you do anything.

        Comment

        • xXXtesy10
          Fakecoin Investor
          • Jul 2012
          • 7127
          #3
          WARNING: Stay Away From Marlboroack aka aka Brandon Ackerman
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            Comment

            • xXXtesy10
              Fakecoin Investor
              • Jul 2012
              • 7127
              #4
              https://www.paxumbank.com/personal/

              "Saving account"
              ..
              Rates as low as 8.5% APR
              because you want lower rate on saving
              WARNING: Stay Away From Marlboroack aka aka Brandon Ackerman
              http://gfy.com/21169705-post8.html
              Donny Long is Felon, Stalker, Scammer & Coward
              http://www.ripoffreport.com/reports/...lon-int-761244

                Comment

                • rowan
                  Too lazy to set a custom title
                  • Mar 2002
                  • 17393
                  #5
                  Ouch. Keenly watching this thread.

                    Comment

                    • rowan
                      Too lazy to set a custom title
                      • Mar 2002
                      • 17393
                      #6
                      Originally posted by xXXtesy10
                      https://www.paxumbank.com/personal/

                      "Saving account"
                      ..
                      Rates as low as 8.5% APR
                      because you want lower rate on saving
                      "If your employer pays you through Paxum's Payroll Solution, you may qualify to receive a loan from Paxum Bank. Enjoy low interest rates and fast approval decisions. Over 90% of applicants get approved!"

                      Looks like they're actually loan rates. You reckon an offshore savings account would pay 8.5%?

                      Then again they're hidden behind cloudflare (HTTP) and domainsbyproxy (WHOIS)...

                        Comment

                        • CaptainHowdy
                          Too lazy to set a custom title
                          • Dec 2004
                          • 94730
                          #7
                          Ruth to the rescue ...

                            Comment

                            • Oracle Porn
                              Affiliate
                              • Oct 2002
                              • 24433
                              #8
                              https://www.paxumbank.com/personal/s...o-buy-a-house/

                              imma buy myself a house with paxum


                                Comment

                                • TheDynasty
                                  See Signature
                                  • Apr 2016
                                  • 5882
                                  #9
                                  ouch sorry to hear that
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                                    Comment

                                    • cosis
                                      Confirmed User
                                      • Aug 2001
                                      • 5291
                                      #10
                                      Originally posted by TheDynasty
                                      ouch sorry to hear that
                                      I never leave money in the account. As soon as I receive a payment I send it to my bank. I never fully trusted using them enough to keep money in the account.

                                      Still I am setup to receive payments from sponsors and advertisers.

                                        Comment

                                        • BigFurry
                                          Confirmed User
                                          • Nov 2003
                                          • 1574
                                          #11
                                          Sorry to hear, that's pretty frightening.

                                          What country are you from?

                                          I read earlier that they won't open new accounts for people from the US. Are you from the US as well?

                                            Comment

                                            • RuthB
                                              Let's Get Paxumized!
                                              • May 2005
                                              • 7248
                                              #12
                                              Originally posted by cosis
                                              I have been using Paxum for several years with a few minor issues. Two day's ago when I tried to login it said "Account Closed". After waiting for 2 day's for a reply from Paxum, I was sent this... wtf? The only reason I found out is because my Nifty Stats accounts stopped working because payment didn't go through that is automatically sent. No email, no notice that my account was being closed.


                                              "Dear ______,

                                              We were notified that this account can no longer remain open, however, you can continue our relation by opening an account with Paxum Bank (PAXUM BANK LIMITED - Personal Banking, Business Banking, Loans, Merchant Accounts, Mass Payout Solutions).

                                              Other details aren't available at the moment. If or when they will be we will provide them for you.

                                              Best Regards."
                                              Hi cosis,

                                              Can you please hit me up with your account username? My email is [email protected]

                                              Thanks,
                                              Ruth
                                              Send & Receive Mass Global Payments - Mass P2P/Wire/EFT/SEPA - Adult Industry Friendly - Award Winning Payment Service - Fast, Reliable & Secure!
                                              Paxum ...... Paxum Bank
                                              Email: [email protected] ~ Telegram: PaxumRuth

                                                Comment

                                                • Belinda
                                                  NubilesCash.com Manager
                                                  • Jul 2005
                                                  • 4365
                                                  #13
                                                  I emailed you back about your account with us as well. Email me back when you get a chance.
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                                                    Comment

                                                    • cosis
                                                      Confirmed User
                                                      • Aug 2001
                                                      • 5291
                                                      #14
                                                      Originally posted by BigFurry
                                                      Sorry to hear, that's pretty frightening.

                                                      What country are you from?

                                                      I read earlier that they won't open new accounts for people from the US. Are you from the US as well?
                                                      I am in the US

                                                        Comment

                                                        • cosis
                                                          Confirmed User
                                                          • Aug 2001
                                                          • 5291
                                                          #15
                                                          Originally posted by Belinda
                                                          I emailed you back about your account with us as well. Email me back when you get a chance.
                                                          Thanks Belinda, I just replied.

                                                            Comment

                                                            • cosis
                                                              Confirmed User
                                                              • Aug 2001
                                                              • 5291
                                                              #16
                                                              Originally posted by RuthB
                                                              Hi cosis,

                                                              Can you please hit me up with your account username? My email is [email protected]

                                                              Thanks,
                                                              Ruth
                                                              Ruth - okay Thanks for looking

                                                                Comment

                                                                • Brian mike
                                                                  #Alberta51
                                                                  • Oct 2014
                                                                  • 8735
                                                                  #17
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                                                                    Comment

                                                                    • RuthB
                                                                      Let's Get Paxumized!
                                                                      • May 2005
                                                                      • 7248
                                                                      #18
                                                                      Originally posted by cosis
                                                                      Ruth - okay Thanks for looking
                                                                      Thanks, I've replied to your email. Your account has been reopened.

                                                                      Ruth
                                                                      Send & Receive Mass Global Payments - Mass P2P/Wire/EFT/SEPA - Adult Industry Friendly - Award Winning Payment Service - Fast, Reliable & Secure!
                                                                      Paxum ...... Paxum Bank
                                                                      Email: [email protected] ~ Telegram: PaxumRuth

                                                                        Comment

                                                                        • cosis
                                                                          Confirmed User
                                                                          • Aug 2001
                                                                          • 5291
                                                                          #19
                                                                          Originally posted by RuthB
                                                                          Thanks, I've replied to your email. Your account has been reopened.

                                                                          Ruth
                                                                          Thank you

                                                                            Comment

                                                                            • EddyTheDog
                                                                              Just Doing My Own Thing
                                                                              • Jan 2011
                                                                              • 25433
                                                                              #20
                                                                              Ruth is back - Yay!..

                                                                                Comment

                                                                                • BigFurry
                                                                                  Confirmed User
                                                                                  • Nov 2003
                                                                                  • 1574
                                                                                  #21
                                                                                  Glad to hear it has been resolved!

                                                                                  Ruth, is it possible to know if this was a single mistake, or there is mass account closing going on?

                                                                                    Comment

                                                                                    • nikki99
                                                                                      Supermodel
                                                                                      • Nov 2004
                                                                                      • 23087
                                                                                      #22
                                                                                      Originally posted by RuthB
                                                                                      Thanks, I've replied to your email. Your account has been reopened.

                                                                                      Ruth


                                                                                      Paxum the best thing that happend to us
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                                                                                        • JuicyBunny
                                                                                          So Fucking Banned
                                                                                          • Jun 2010
                                                                                          • 2145
                                                                                          #23
                                                                                          Ruth Rocks!

                                                                                            Comment

                                                                                            • RyuLion
                                                                                              ClubDomCash.com
                                                                                              • Mar 2003
                                                                                              • 32369
                                                                                              #24
                                                                                              Originally posted by Oracle Porn

                                                                                              imma buy myself a house with paxum

                                                                                              Adult Biz Consultant A tech head since 1995
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                                                                                                Comment

                                                                                                • 3xmedia
                                                                                                  Confirmed User
                                                                                                  • Apr 2004
                                                                                                  • 5738
                                                                                                  #25
                                                                                                  scary, 90% of my payments are currently with Paxum so I'd be fucked hard
                                                                                                  ---

                                                                                                    Comment

                                                                                                    • CaptainHowdy
                                                                                                      Too lazy to set a custom title
                                                                                                      • Dec 2004
                                                                                                      • 94730
                                                                                                      #26
                                                                                                      Originally posted by ruthb
                                                                                                      thanks, i've replied to your email. Your account has been reopened.

                                                                                                      Ruth
                                                                                                      <3 <3 <3 ...

                                                                                                        Comment

                                                                                                        • cosis
                                                                                                          Confirmed User
                                                                                                          • Aug 2001
                                                                                                          • 5291
                                                                                                          #27
                                                                                                          I did get my account re-opened but I have to switch to Paxum Bank within 30 day's based on my location. I am in South Carolina. Still confused as to why this has happened. It looks like the fee's with Paxum Bank are a lot higher.

                                                                                                            Comment

                                                                                                            • EddyTheDog
                                                                                                              Just Doing My Own Thing
                                                                                                              • Jan 2011
                                                                                                              • 25433
                                                                                                              #28
                                                                                                              Originally posted by cosis
                                                                                                              I did get my account re-opened but I have to switch to Paxum Bank within 30 day's based on my location. I am in South Carolina. Still confused as to why this has happened. It looks like the fee's with Paxum Bank are a lot higher.
                                                                                                              Paxum Bank - WTF is that?..

                                                                                                                Comment

                                                                                                                • cosis
                                                                                                                  Confirmed User
                                                                                                                  • Aug 2001
                                                                                                                  • 5291
                                                                                                                  #29
                                                                                                                  Originally posted by EddyTheDog
                                                                                                                  Paxum Bank - WTF is that?..
                                                                                                                  https://paxumbank.com/

                                                                                                                  My guess is a lot of people will be introduced to it soon

                                                                                                                    Comment

                                                                                                                    • anexsia
                                                                                                                      Confirmed User
                                                                                                                      • May 2010
                                                                                                                      • 5735
                                                                                                                      #30
                                                                                                                      Just had the same thing happen to me!! What the heck?! In Virginia here.

                                                                                                                      "We were notified that this account can no longer remain open, however, you can continue our relation by opening an account with Paxum Bank (PAXUM BANK LIMITED - Personal Banking, Business Banking, Loans, Merchant Accounts, Mass Payout Solutions).

                                                                                                                      Other details aren't available at the moment. If or when they will be we will provide them for you."

                                                                                                                        Comment

                                                                                                                        • brassmonkey
                                                                                                                          Pay It Forward
                                                                                                                          • Sep 2005
                                                                                                                          • 77396
                                                                                                                          #31
                                                                                                                          Originally posted by cosis
                                                                                                                          https://paxumbank.com/

                                                                                                                          My guess is a lot of people will be introduced to it soon
                                                                                                                          a bank in dominica
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                                                                                                                            Comment

                                                                                                                            • EddyTheDog
                                                                                                                              Just Doing My Own Thing
                                                                                                                              • Jan 2011
                                                                                                                              • 25433
                                                                                                                              #32
                                                                                                                              Originally posted by brassmonkey
                                                                                                                              a bank in dominica
                                                                                                                              I don't like the sound of that at all - Ruth is great but you need about a thousand more of her to run a bank...

                                                                                                                                Comment

                                                                                                                                • brassmonkey
                                                                                                                                  Pay It Forward
                                                                                                                                  • Sep 2005
                                                                                                                                  • 77396
                                                                                                                                  #33
                                                                                                                                  Originally posted by EddyTheDog
                                                                                                                                  I don't like the sound of that at all - Ruth is great but you need about a thousand more of her to run a bank...
                                                                                                                                  https://www.forbes.com/2010/07/26/of...bert-wood.html
                                                                                                                                  TRUMP 2026 KEKAW!!! - The Laken Riley Act Is Law!
                                                                                                                                  DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

                                                                                                                                    Comment

                                                                                                                                    • RuthB
                                                                                                                                      Let's Get Paxumized!
                                                                                                                                      • May 2005
                                                                                                                                      • 7248
                                                                                                                                      #34
                                                                                                                                      We are introducing some new services/features to Paxum.com (such as the ability to accept 3rd party payments and issue 3rd party payments, IBAN EUR accounts, etc). Paxum.com cannot offer some of those services to clients from certain jurisdictions, therefore those clients will need to be switched to Paxum Bank so they can enjoy the same features as other Paxum.com clients.

                                                                                                                                      Paxum Bank and Paxum.com are fully integrated with each other. Clients will be able to instantly send and receive P2P payments (to other account-holders) between Paxum Bank and Paxum.com, and vice versa.
                                                                                                                                      Send & Receive Mass Global Payments - Mass P2P/Wire/EFT/SEPA - Adult Industry Friendly - Award Winning Payment Service - Fast, Reliable & Secure!
                                                                                                                                      Paxum ...... Paxum Bank
                                                                                                                                      Email: [email protected] ~ Telegram: PaxumRuth

                                                                                                                                        Comment

                                                                                                                                        • cosis
                                                                                                                                          Confirmed User
                                                                                                                                          • Aug 2001
                                                                                                                                          • 5291
                                                                                                                                          #35
                                                                                                                                          Which jurisdictions? So far South Carolina and Virginia?

                                                                                                                                            Comment

                                                                                                                                            • RuthB
                                                                                                                                              Let's Get Paxumized!
                                                                                                                                              • May 2005
                                                                                                                                              • 7248
                                                                                                                                              #36
                                                                                                                                              Originally posted by brassmonkey
                                                                                                                                              a bank in dominica
                                                                                                                                              Dominica is a beautiful location, and part of the Commonwealth of Nations (formerly the British Commonwealth). There's nothing wrong with that.

                                                                                                                                              It is not illegal for a US Citizen to have a bank account outside of the United States. US citizens are entitled to have money and investments anywhere in the world as long as foreign accounts are disclosed. Clients would naturally have to report the account to the IRS, and Paxum Bank will remind its US clients which reports need to be filed, and when they are due.

                                                                                                                                              Originally posted by EddyTheDog
                                                                                                                                              I don't like the sound of that at all - Ruth is great but you need about a thousand more of her to run a bank...
                                                                                                                                              Thanks, but I'm just one cog in this great Paxum machine. We have a lot of really good people working hard every single day to serve our customers needs and provide a reliable, secure and easy-to-use payment service.
                                                                                                                                              Send & Receive Mass Global Payments - Mass P2P/Wire/EFT/SEPA - Adult Industry Friendly - Award Winning Payment Service - Fast, Reliable & Secure!
                                                                                                                                              Paxum ...... Paxum Bank
                                                                                                                                              Email: [email protected] ~ Telegram: PaxumRuth

                                                                                                                                                Comment

                                                                                                                                                • shiraz9944
                                                                                                                                                  Confirmed User
                                                                                                                                                  • Jan 2002
                                                                                                                                                  • 567
                                                                                                                                                  #37
                                                                                                                                                  Agreed, we deserve to know which jurisdictions are going to have this occur, and to do it without prior notice? That is just horrible business.

                                                                                                                                                    Comment

                                                                                                                                                    • shiraz9944
                                                                                                                                                      Confirmed User
                                                                                                                                                      • Jan 2002
                                                                                                                                                      • 567
                                                                                                                                                      #38
                                                                                                                                                      Originally posted by brassmonkey
                                                                                                                                                      https://www.forbes.com/2010/07/26/of...bert-wood.html
                                                                                                                                                      So what is a company like Apple going to do with a quarter TRILLION in Irish Bank Accounts to keep their effective tax rate near zero?

                                                                                                                                                        Comment

                                                                                                                                                        • JohnnyNight
                                                                                                                                                          Confirmed User
                                                                                                                                                          • Jun 2012
                                                                                                                                                          • 484
                                                                                                                                                          #39
                                                                                                                                                          Happened to me too... I'm in the U.S.

                                                                                                                                                          Yeah the Paxum Bank is basically the same as Paxum.com.. ACH rates 8.95 rather 5.00 though..

                                                                                                                                                          But applying for the bank account is more involved.. More docs required and entire application needs to be sent in, can't apply online...

                                                                                                                                                            Comment

                                                                                                                                                            • Brian mike
                                                                                                                                                              #Alberta51
                                                                                                                                                              • Oct 2014
                                                                                                                                                              • 8735
                                                                                                                                                              #40
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                                                                                                                                                              Payoneer >>>>> first choice pay

                                                                                                                                                              Paxum >>>> paxum bank


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                                                                                                                                                                • Barry-xlovecam
                                                                                                                                                                  It's 42
                                                                                                                                                                  • Jun 2010
                                                                                                                                                                  • 18083
                                                                                                                                                                  #41
                                                                                                                                                                  https://www.irs.gov/businesses/incom...oad-is-taxable

                                                                                                                                                                  This only applies to US persons. Not legal advice and not tax advice.

                                                                                                                                                                  Look up 'income repatriation' regarding Apple

                                                                                                                                                                  Did you know ACH from at US banks costs $0.28 to as little as $0.18 for commercial accounts. ACH is free at my personal bank for limited volume (as a personal account). Incoming wires are no fee on my personal account. SEPA/EFT is a bit more. I have a pdf from a bank in Ireland that charges 0,55 € for a EFT. Bank fees are really a blind item these days.

                                                                                                                                                                    Comment

                                                                                                                                                                    • onwebcam
                                                                                                                                                                      Fake Nick 1.0
                                                                                                                                                                      • Oct 2005
                                                                                                                                                                      • 27689
                                                                                                                                                                      #42
                                                                                                                                                                      Originally posted by Oracle Porn
                                                                                                                                                                      https://www.paxumbank.com/personal/s...o-buy-a-house/

                                                                                                                                                                      imma buy myself a house with paxum
                                                                                                                                                                      Now that they have their own bank they can even finance a movie.
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                                                                                                                                                                        Comment

                                                                                                                                                                        • ZENRA
                                                                                                                                                                          Confirmed User
                                                                                                                                                                          • Sep 2016
                                                                                                                                                                          • 655
                                                                                                                                                                          #43
                                                                                                                                                                          Originally posted by RuthB
                                                                                                                                                                          We are introducing some new services/features to Paxum.com (such as the ability to accept 3rd party payments and issue 3rd party payments, IBAN EUR accounts, etc). Paxum.com cannot offer some of those services to clients from certain jurisdictions, therefore those clients will need to be switched to Paxum Bank so they can enjoy the same features as other Paxum.com clients.

                                                                                                                                                                          Paxum Bank and Paxum.com are fully integrated with each other. Clients will be able to instantly send and receive P2P payments (to other account-holders) between Paxum Bank and Paxum.com, and vice versa.

                                                                                                                                                                          Hi Ruth,

                                                                                                                                                                          Does Paxum Bank allow adult businesses in USA to create accounts there? I know Paxum has won many an adult industry award, but could you officially state on record that adult businesses are allowed? It'll probably give me and many others some peace of mind knowing that if we did open an account there, the chances of it being shut down for 'reputational risk' would be minimal.

                                                                                                                                                                          Thank you.
                                                                                                                                                                          ZENRA | Subtitled Japanese AV | @ZENRAMANIAC
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                                                                                                                                                                            Comment

                                                                                                                                                                            • Paul Markham
                                                                                                                                                                              Too old to care
                                                                                                                                                                              • Jun 2001
                                                                                                                                                                              • 52942
                                                                                                                                                                              #44
                                                                                                                                                                              Originally posted by RuthB
                                                                                                                                                                              Thanks, I've replied to your email. Your account has been reopened.

                                                                                                                                                                              Ruth
                                                                                                                                                                              Drama over, nothing to see here.



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                                                                                                                                                                                Comment

                                                                                                                                                                                • CPA-Rush
                                                                                                                                                                                  small trip to underworld
                                                                                                                                                                                  • Mar 2012
                                                                                                                                                                                  • 4927
                                                                                                                                                                                  #45
                                                                                                                                                                                  Originally posted by RuthB
                                                                                                                                                                                  We are introducing some new services/features to Paxum.com (such as the ability to accept 3rd party payments and issue 3rd party payments, IBAN EUR accounts, etc). Paxum.com cannot offer some of those services to clients from certain jurisdictions, therefore those clients will need to be switched to Paxum Bank so they can enjoy the same features as other Paxum.com clients.

                                                                                                                                                                                  Paxum Bank and Paxum.com are fully integrated with each other. Clients will be able to instantly send and receive P2P payments (to other account-holders) between Paxum Bank and Paxum.com, and vice versa.
                                                                                                                                                                                  checks, no?

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                                                                                                                                                                                    • anexsia
                                                                                                                                                                                      Confirmed User
                                                                                                                                                                                      • May 2010
                                                                                                                                                                                      • 5735
                                                                                                                                                                                      #46
                                                                                                                                                                                      Originally posted by JohnnyNight
                                                                                                                                                                                      Happened to me too... I'm in the U.S.

                                                                                                                                                                                      Yeah the Paxum Bank is basically the same as Paxum.com.. ACH rates 8.95 rather 5.00 though..

                                                                                                                                                                                      But applying for the bank account is more involved.. More docs required and entire application needs to be sent in, can't apply online...
                                                                                                                                                                                      That's a little scary considering Paxum already required more docs/info then my US Bank Accounts, Paypal, and my brokerage.

                                                                                                                                                                                        Comment

                                                                                                                                                                                        • King Mark
                                                                                                                                                                                          So Fucking Banned
                                                                                                                                                                                          • Aug 2016
                                                                                                                                                                                          • 27033
                                                                                                                                                                                          #47
                                                                                                                                                                                          Originally posted by onwebcam
                                                                                                                                                                                          Now that they have their own bank they can even finance a movie.
                                                                                                                                                                                          Motion picture coming soon...

                                                                                                                                                                                            Comment

                                                                                                                                                                                            • SleepWalker
                                                                                                                                                                                              Confirmed User
                                                                                                                                                                                              • Apr 2009
                                                                                                                                                                                              • 683
                                                                                                                                                                                              #48
                                                                                                                                                                                              Originally posted by Paul Markham
                                                                                                                                                                                              Drama over, nothing to see here.
                                                                                                                                                                                              not true, his account was reopened for 30 days only and he his being forced into paxum bank. We still don't know the reason.

                                                                                                                                                                                                Comment

                                                                                                                                                                                                • King Mark
                                                                                                                                                                                                  So Fucking Banned
                                                                                                                                                                                                  • Aug 2016
                                                                                                                                                                                                  • 27033
                                                                                                                                                                                                  #49
                                                                                                                                                                                                  https://www.fdic.gov/deposit/deposits/faq.html

                                                                                                                                                                                                    Comment

                                                                                                                                                                                                    • brassmonkey
                                                                                                                                                                                                      Pay It Forward
                                                                                                                                                                                                      • Sep 2005
                                                                                                                                                                                                      • 77396
                                                                                                                                                                                                      #50
                                                                                                                                                                                                      Originally posted by anexsia
                                                                                                                                                                                                      That's a little scary considering Paxum already required more docs/info then my US Bank Accounts, Paypal, and my brokerage.
                                                                                                                                                                                                      it's really fuking weird! because payoneer uses the same bank in belize! i think paxum has less protections (insurance) therefore they doc you to hell!! if you are doing fraud who would give their real info??
                                                                                                                                                                                                      TRUMP 2026 KEKAW!!! - The Laken Riley Act Is Law!
                                                                                                                                                                                                      DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

                                                                                                                                                                                                        Comment

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