Paxum closed my account

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  • rowan
    Too lazy to set a custom title
    • Mar 2002
    • 17393
    #76
    Just for comparison...

    Payment from program via wire:

    - Consistently arrives ~30 hours after midnight UTC (end of billing period). I don't have to log in anywhere, make any withdrawal requests, or do anything else. The funds just arrive in my bank account.


    Payment from program via Paxum:

    - First withdraw took 23 days, from request, to when funds arrived in my bank account.

    - Second one wasn't even released by Paxum until 5 days after withdraw request. It's now day #8. Still no sign of funds.


    Bitcoin would be awesome as the exchange I use allows use of funds after a single confirm. I could sell it 10 minutes after it was sent, and have the funds in my bank account by that evening. I'll keep dreaming...

      Comment

      • boziffous
        Confirmed User
        • Apr 2009
        • 1370
        #77
        My Paxum account was reopened, but I was told that based on my location, in the next 30 days I'll need to migrate my existing Paxum account to Paxum Bank.
        email: [email protected]

        Adult Domains for Sale

          Comment

          • brassmonkey
            Pay It Forward
            • Sep 2005
            • 77396
            #78
            bitcoin is a bother this is a fucking mess!
            TRUMP 2026 KEKAW!!! - The Laken Riley Act Is Law!
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              Comment

              • brassmonkey
                Pay It Forward
                • Sep 2005
                • 77396
                #79
                Originally posted by rowan
                It's probably more to cover their own butts (and those further up the chain) in case something really bad points back to them. I don't think anyone could accuse Paxum of a cursory glance and a rubber stamping of a new account application... I had my docs rejected 3 times...
                companies get coverage and have accounts for fraud damage.
                TRUMP 2026 KEKAW!!! - The Laken Riley Act Is Law!
                DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

                  Comment

                  • rowan
                    Too lazy to set a custom title
                    • Mar 2002
                    • 17393
                    #80
                    Has there been an official announcement yet? I bet I'm not the only person bothered by this.

                    I get that if Paxum has to announce every banking change in every part of the world it's going to increase the panic levels unnecessarily, but, closing out all (?) USA accounts seems to me to be a pretty major change... and especially with zero notice.

                      Comment

                      • SleepWalker
                        Confirmed User
                        • Apr 2009
                        • 683
                        #81
                        Originally posted by rowan
                        Has there been an official announcement yet? I bet I'm not the only person bothered by this.
                        I don't think so and it doesn't make any sense!

                        We simply need to know which states and or countries are now longer supported by Paxum.com

                          Comment

                          • cosis
                            Confirmed User
                            • Aug 2001
                            • 5291
                            #82
                            I sent in my application for Paxum Bank. Kind of a pain but I receive a lot of payments from Paxum so I don't have much of a choice.

                              Comment

                              • anexsia
                                Confirmed User
                                • May 2010
                                • 5735
                                #83
                                Originally posted by hdbuilder
                                Am i reading this right? For a personal account the minimum deposit is 10K and for a business its 50K? If it's right the average webmaster wont be able to open one...
                                Is this true? or is it just for Savings?

                                  Comment

                                  • RuthB
                                    Let's Get Paxumized!
                                    • May 2005
                                    • 7248
                                    #84
                                    Originally posted by anexsia
                                    Is this true? or is it just for Savings?
                                    That is just for Savings accounts
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                                      Comment

                                      • hdbuilder
                                        Confirmed User
                                        • Jun 2012
                                        • 1338
                                        #85
                                        Good happy to hear that, thx Ruth

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                                          • MediumPimpin
                                            Confirmed User
                                            • Apr 2003
                                            • 1488
                                            #86
                                            Mine was just cancelled also.
                                            nats.mediumpimpin.com

                                              Comment

                                              • SleepWalker
                                                Confirmed User
                                                • Apr 2009
                                                • 683
                                                #87
                                                Originally posted by MediumPimpin
                                                Mine was just cancelled also.
                                                Which state or country?

                                                  Comment

                                                  • MediumPimpin
                                                    Confirmed User
                                                    • Apr 2003
                                                    • 1488
                                                    #88
                                                    In in the US, Florida.
                                                    nats.mediumpimpin.com

                                                      Comment

                                                      • TheDynasty
                                                        See Signature
                                                        • Apr 2016
                                                        • 5882
                                                        #89
                                                        I would never leave 10k - 50k in a bank called "Paxum Bank"
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                                                          Comment

                                                          • brassmonkey
                                                            Pay It Forward
                                                            • Sep 2005
                                                            • 77396
                                                            #90
                                                            Originally posted by TheDynasty
                                                            I would never leave 10k - 50k in a bank called "Paxum Bank"
                                                            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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