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Old 08-13-2021, 12:10 AM   #1
andrewg99
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paxum

hey, need some info about paxum from someone who is using it

what are the taxes when someone transfer an amount of money into my paxum account?

what are the taxes for me to withdraw the money from my paxum account to my bank account / visa card?
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Old 08-13-2021, 12:27 AM   #2
Denny
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You can find this info on their website.
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Old 08-13-2021, 12:43 AM   #3
TurboB
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https://eu.paxum.com/fees/personal
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Old 08-13-2021, 01:10 AM   #4
andrewg99
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okay, cool. you are a good searcher :D

does paxum have restrictions like paypal do?

for example, paypal temporary block accounts with too many large transactions.
does paxum care about the money you get etc?

I would not like to see my account blocked with amounts of thousands of euros in it...like paypal
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Old 08-13-2021, 01:22 AM   #5
TurboB
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Usually no. But there are some people complaining about account blocks.
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Old 08-13-2021, 04:33 AM   #6
3xmedia
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Quote:
Originally Posted by andrewg99 View Post
okay, cool. you are a good searcher :D

does paxum have restrictions like paypal do?

for example, paypal temporary block accounts with too many large transactions.
does paxum care about the money you get etc?

I would not like to see my account blocked with amounts of thousands of euros in it...like paypal
they also need to follow certain laws and regulations so it's possible.
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Old 08-14-2021, 03:59 PM   #7
SekobA
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There're million possibility to be blocked.Good luck
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Old 08-14-2021, 06:15 PM   #8
wankawonk
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its completely dependent on where you live and how your business is structured

paxum will block your account for high-risk activities but they have no way to know if you're paying taxes on money flowing in and out. That's up to you to report to your government -- and if you care about compliance, you probably want to hire an accountant.
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