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-   -   Seems the Paxum.com train starts rolling and nobody can stop them. (https://gfy.com/showthread.php?t=993388)

epitome 10-20-2010 07:24 AM

Quote:

Originally Posted by Steve-Paxum (Post 17624764)
All funds in the E-wallet are sitting in our Bank Accounts. We do not use that for investment purposes. We also have an additional 10-20% of our own in the bank accounts. So if all Paxum users decided to withdraw their money in one day, they would be able to do so without any problems. For every 100,000 USD in Paxum we have anywhere from 100,000 to 120,000 USD in the bank account. Of course that might change later on but it will never been less then 100% of the funds.

:error

I've given up on trying count the :error's.

According to the 10-20% internal rule you have if there is $50 million in there you will have at least $5 million of Paxum money tied up?

CyberHustler 10-20-2010 07:25 AM

People are jumping to paxum like they jumped to crack in the 80's. It's not because paxum is a great magnificent company here to magically take care of the adult industry, it's because the sheep are following the sheep as usual.

Like I've said before, after the epass fiasco I've been on my "fuck a middleman" shit.. especially new ones that just popped up right after epass robbed(?) us. Like seriously, where the fuck did paxum come from? You can't just wake up and make one of these companies just because you feel like it one day. Paxum also lists companies on their sponsor list that don't actually use Paxum. Then the supposed owner of paxum and a goofy rep have 2 completely different excuses as to how that happens? Fuck outta here with that type of lying bullshit. Paxums office was a UPS P.O. box until somebody noticed, then they switched to a rent-an-office monthly solution right away. Looks like they did that just to shut people up. Either way, I'm not trusting my money with a company who doesn't even have a real location.

Not only that, but paxum is shrouded in secrecy. Who's the financial muscle behind these clowns? Who the fuck really owns this shit? Please let a nigga know. Lets not even get into the army of fresh 2010 new-booty nicks doing nothing else but hyping Paxum up constantly... And random other nicks just blindly supporting them... before anybody could even really use them yet. Nobody even had a paxum card yet, but there was a mob of supporters? Seems like the company is using fake nicks and buying out post whores to make themselves out to be great. Or some people know more about these fuck-sticks than others and don't want to let others in on it. The fuck kinda shit is that?

Paxums bank doean't even offer any type of insurance whatsoever on depositors funds. I know Paxum is not meant to be used as a fucking bank with people leaving lots of money in there, but if I get a nice sized deposit for whatever reason and shit hits the fan right before I have a chance to withdraw it (like just happened to me with epass) I'm not going to want to hear any of those "but it's not a bank" excuses... I didn't fucking use epass as a bank.

Agent 488 10-20-2010 07:31 AM

some people go off the deep end for paxum, but some people want a payment solution, know the risks and are willing to try it. it's not so black and white.

Quote:

Originally Posted by NanoBot (Post 17625120)
People are jumping to paxum like they jumped to crack in the 80's. It's not because paxum is a great magnificent company here to magically take care of the adult industry, it's because the sheep are following the sheep as usual.

Like I've said before, after the epass fiasco I've been on my "fuck a middleman" shit.. especially new ones that just popped up right after epass robbed(?) us. Like seriously, where the fuck did paxum come from? You can't just wake up and make one of these companies just because you feel like it one day. Paxum also lists companies on their sponsor list that don't actually use Paxum. Then the supposed owner of paxum and a goofy rep have 2 completely different excuses as to how that happens? Fuck outta here with that type of lying bullshit. Paxums office was a UPS P.O. box until somebody noticed, then they switched to a rent-an-office monthly solution right away. Looks like they did that just to shut people up. Either way, I'm not trusting my money with a company who doesn't even have a real location.

Not only that, but paxum is shrouded in secrecy. Who's the financial muscle behind these clowns? Who the fuck really owns this shit? Please let a nigga know. Lets not even get into the army of fresh 2010 new-booty nicks doing nothing else but hyping Paxum up constantly... And random other nicks just blindly supporting them... before anybody could even really use them yet. Nobody even had a paxum card yet, but there was a mob of supporters? Seems like the company is using fake nicks and buying out post whores to make themselves out to be great. Or some people know more about these fuck-sticks than others and don't want to let others in on it. The fuck kinda shit is that?

Paxums bank doean't even offer any type of insurance whatsoever on depositors funds. I know Paxum is not meant to be used as a fucking bank with people leaving lots of money in there, but if I get a nice sized deposit for whatever reason and shit hits the fan right before I have a chance to withdraw it (like just happened to me with epass) I'm not going to want to hear any of those "but it's not a bank" excuses... I didn't fucking use epass as a bank.


Steve-Paxum 10-20-2010 07:33 AM

Quote:

Originally Posted by Agent 488 (Post 17625041)
can we start taking payments even though we didn't get our card yet? what do we give? our email or a username?


yes just use your email address which also acts as your login. You can add additional emails in the system.

Agent 488 10-20-2010 07:35 AM

Quote:

Originally Posted by epitome (Post 17625116)
:error

I've given up on trying count the :error's.

According to the 10-20% internal rule you have if there is $50 million in there you will have at least $5 million of Paxum money tied up?

what is hard to understand? if there is 100,000 in paxum money in their accounts they will have that plus 20 percent more.

your hate-on for paxum is blinding your judgement, white knight.

boneless 10-20-2010 07:37 AM

where the devil can i find out what the status of my card is? i applied for it they took the 44.95 from my account but nowhere i can find what status it holds, ie printed, shipped etc.

anybody able to point it out?

Shap 10-20-2010 07:37 AM

Quote:

Originally Posted by Thomas007 (Post 17624793)
Paxum do not need to be in business for long before we have saved enough in banking fees for caching checks or receiving wires to cover an eventual loss if they close shop.
Plus we'll also save us for the hassle of checks. It's labor intensive to open the letters and make lists which shall then be mailed to the bank with the checks.

My calculation is that it costs us $8 per check and a rough estimate on $30 per wire (sending and receive fee) to receive money.
I'll calculate with 50 checks and 10 wires per month.
It's $700 saved.
If we withdraw from Paxum via Wire 2 times a month, then the cost for that is about $120 a month.
700 - 120 = 580 saved per month by Paxum.
A year = $6960

Keep your balances low with Paxum, it's not a bank.

This is the smartest post I've seen on the situation. Well said.

CyberHustler 10-20-2010 07:42 AM

Quote:

Originally Posted by Thomas007 (Post 17624793)
Paxum do not need to be in business for long before we have saved enough in banking fees for caching checks or receiving wires to cover an eventual loss if they close shop.
Plus we'll also save us for the hassle of checks. It's labor intensive to open the letters and make lists which shall then be mailed to the bank with the checks.

My calculation is that it costs us $8 per check and a rough estimate on $30 per wire (sending and receive fee) to receive money.
I'll calculate with 50 checks and 10 wires per month.
It's $700 saved.
If we withdraw from Paxum via Wire 2 times a month, then the cost for that is about $120 a month.
700 - 120 = 580 saved per month by Paxum.
A year = $6960

Keep your balances low with Paxum, it's not a bank.

Fuck it then, when paxum folds I will already have an alternative waiting for you guys to save fees with and help me take you guy's money... since you guys don't mind me taking your cash as long as you save on fees.

RuthB 10-20-2010 07:45 AM

Quote:

Originally Posted by boneless (Post 17625150)
where the devil can i find out what the status of my card is? i applied for it they took the 44.95 from my account but nowhere i can find what status it holds, ie printed, shipped etc.

anybody able to point it out?

hi boneless.. I'll hit you up about this

As far as card status goes, you should be able to see that as soon as you login to your account, the first page that you see...

Actually, I just realized you have no contact details.. please hit me up so we can get this resolved

ICQ #233-854-608
Email [email protected]

Davy 10-20-2010 07:46 AM

Quote:

Originally Posted by NanoBot (Post 17625120)
People are jumping to paxum like they jumped to crack in the 80's. It's not because paxum is a great magnificent company here to magically take care of the adult industry, it's because the sheep are following the sheep as usual.

Like I've said before, after the epass fiasco I've been on my "fuck a middleman" shit.. especially new ones that just popped up right after epass robbed(?) us. Like seriously, where the fuck did paxum come from? You can't just wake up and make one of these companies just because you feel like it one day. Paxum also lists companies on their sponsor list that don't actually use Paxum. Then the supposed owner of paxum and a goofy rep have 2 completely different excuses as to how that happens? Fuck outta here with that type of lying bullshit. Paxums office was a UPS P.O. box until somebody noticed, then they switched to a rent-an-office monthly solution right away. Looks like they did that just to shut people up. Either way, I'm not trusting my money with a company who doesn't even have a real location.

Not only that, but paxum is shrouded in secrecy. Who's the financial muscle behind these clowns? Who the fuck really owns this shit? Please let a nigga know. Lets not even get into the army of fresh 2010 new-booty nicks doing nothing else but hyping Paxum up constantly... And random other nicks just blindly supporting them... before anybody could even really use them yet. Nobody even had a paxum card yet, but there was a mob of supporters? Seems like the company is using fake nicks and buying out post whores to make themselves out to be great. Or some people know more about these fuck-sticks than others and don't want to let others in on it. The fuck kinda shit is that?

Paxums bank doean't even offer any type of insurance whatsoever on depositors funds. I know Paxum is not meant to be used as a fucking bank with people leaving lots of money in there, but if I get a nice sized deposit for whatever reason and shit hits the fan right before I have a chance to withdraw it (like just happened to me with epass) I'm not going to want to hear any of those "but it's not a bank" excuses... I didn't fucking use epass as a bank.

Quoted because I like the green font. And more people need to read this.

Agent 488 10-20-2010 07:48 AM

Quote:

Originally Posted by boneless (Post 17625150)
where the devil can i find out what the status of my card is? i applied for it they took the 44.95 from my account but nowhere i can find what status it holds, ie printed, shipped etc.

anybody able to point it out?

when you login under "Credit Card Status."

BIGTYMER 10-20-2010 07:49 AM

Whoever gave me negative rep for saying I don't trust Paxum can suck my dick.

Klen 10-20-2010 09:10 AM

Well,after screwing around and researching what would be best,i concluded for very high payments using wire is best,and for small payment is best to use paxum.Mathematics is very simple here-i could use payoneer or wire for small payments too which would results in much higher fees,and that means in the end it would cost much more then potential loss if paxum go to shitter.

RuthB 10-20-2010 09:18 AM

Quote:

Originally Posted by KlenTelaris (Post 17625465)
Well,after screwing around and researching what would be best,i concluded for very high payments using wire is best,and for small payment is best to use paxum.Mathematics is very simple here-i could use payoneer or wire for small payments too which would results in much higher fees,and that means in the end it would cost much more then potential loss if paxum go to shitter.

sounds good to me, thanks for giving us a try!

You have me on your ICQ already Klen, if anything comes up or if you have any questions or anything, please don't hesitate to contact me :thumbsup

willwank 10-20-2010 09:23 AM

Quote:

Originally Posted by AdultKing (Post 17625035)
:thumbsup

I have no idea why some people would have held on to $xx,xxx in ePassporte. It's madness to use such an organization as a bank. A good rule of thumb is to only leave as much in Paypal, Paxum or Payoneer as you can afford to lose.

Exactly the same thing we said back in '05 and '06 still hundreds of affiliates (and gamblers) used it as their checking or savings account. Don't get me wrong, I hate it when anyone looses money but I'm not gonna loose any sleep over ignorant affiliates who used it as a bank. I feel for sponsors who got caught in the worst timing possible tho. Maybe there should be some kind of direct disbursement in place and let affiliates who chooses an (any) e-wallet solution carry the entire risk. Don't know if it can be done.

Paxum is as good as it gonna get. Uncomplicated, with the right products at the right prices. Betamax lost to VHS for a reason.

Denny 10-20-2010 10:33 AM

http://traffic.alexa.com/graph?&w=40...m&u=paxum.com&

PornMD 10-20-2010 10:43 AM

Quote:

Originally Posted by Dreamteam (Post 17624713)
Seems the Paxum train starts rolling and nobody can stop them.

Every singe day lots and lots of webmasters sign up with them.
People have their paxum cards in hand or the cards are in printing or shipped status.

More and more sponsors offer paxum as payment option and money flows in the system as we speak :)

For the non believers: You tried to put them in a bad daylight, but as you can see all the extra attention only made them stronger.


Good Job Paxum.
And thank you very very much for such a great product. :thumbsup

Obvious shill is obvious. And it's sad...if not for the couple people like you trying to pretend not to shill for Paxum but dedicate almost all your posts to singing their praises and shittalking all other programs, I'd maybe trust them more.

Argos88 10-20-2010 10:44 AM

How much do they charge to open and account with the DEBIT CARD send via postal mail included?

Does any sponsor open this for free?

I remember some sponsors oepened the epass account for free.

But I see in paxum is like 40 bucks for the card + another fee to open the account?

.

Tam 10-20-2010 10:53 AM

I don't know anything but that Ruth from Paxum has taken very good care of me and for the company I work for and that's what matters to me.

The thing is, you can't just go jump on the train of "they came in too fast for my taste", if they are here and they are visible and they are giving you promises, at the very least, allow them to show you that they are here and they are solid. It's always tough to start out, especially after so many were just recently burned, but you have to give people a chance. If you don't trust it, start out small and grow with them, don't just assume they aren't what they say they are. :thumbsup

So far as I am concerned and know, they are class acts, all that I have spoken to. :winkwink:

willwank 10-20-2010 10:54 AM

Quote:

Originally Posted by Argos88 (Post 17625795)
How much do they charge to open and account with the DEBIT CARD send via postal mail included?

Does any sponsor open this for free?

I remember some sponsors oepened the epass account for free.

But I see in paxum is like 40 bucks for the card + another fee to open the account?

.

Brazzers will pay the card for you if don't remember wrong.

RuthB 10-20-2010 10:59 AM

Quote:

Originally Posted by Argos88 (Post 17625795)
How much do they charge to open and account with the DEBIT CARD send via postal mail included?

Does any sponsor open this for free?

I remember some sponsors oepened the epass account for free.

But I see in paxum is like 40 bucks for the card + another fee to open the account?

.

http://www.gofuckyourself.com/showthread.php?t=992668

but no there is NO FEE to open your account AND we'll send you the card for free, you only pay when you choose to use it

Cheap 10-20-2010 11:07 AM

Quote:

Originally Posted by Argos88 (Post 17625795)
How much do they charge to open and account with the DEBIT CARD send via postal mail included?

Does any sponsor open this for free?

I remember some sponsors oepened the epass account for free.

But I see in paxum is like 40 bucks for the card + another fee to open the account?

.

Brazzers

Cheap 10-20-2010 11:08 AM

Quote:

Originally Posted by willwank (Post 17625825)
Brazzers will pay the card for you if don't remember wrong.

you are right!

ContentPimp 10-20-2010 11:36 AM

My clients want to pay via Paxum, so I accept Paxum. It is that simple.

epitome 10-20-2010 11:42 AM

Quote:

Originally Posted by Agent 488 (Post 17625146)
what is hard to understand? if there is 100,000 in paxum money in their accounts they will have that plus 20 percent more.

your hate-on for paxum is blinding your judgement, white knight.

Read what I made larger.

They said they'd have 10-20% more.

Using their 100k example, if people deposit $100k then they say they will have $110-120k.

But in his own math, his said if there is $100k in there, the account will have $100-120k when it should be 110k-120k.

If it has 100k then there is no Paxum money in there.

It's not a matter of judgment or hate. It is a matter of simple math.

Babaganoosh 10-20-2010 12:07 PM

I don't trust any company that uses shills to post for them.

zeuse 10-20-2010 12:12 PM

Quote:

Originally Posted by Argos88 (Post 17625795)
How much do they charge to open and account with the DEBIT CARD send via postal mail included?

Does any sponsor open this for free?

I remember some sponsors oepened the epass account for free.

But I see in paxum is like 40 bucks for the card + another fee to open the account?

.

Is your life that bad that you don't have $40?

Tempest 10-20-2010 12:16 PM

Quote:

Originally Posted by Davy (Post 17625181)
Quoted because I like the green font. And more people need to read this.

Why??? He's justing ranting about stuff that no one cares about... Plus it's filled with conspiracy nut stuff and some inaccuracies. For example, as it's in a canadian bank, the wallet money is insured... How many of the other options out there can say that? Hardly any of them.. The card bank might not be insured, but again, that's no different than pretty much every other option out there. But here's the thing about that.. IT DOESN'T MATTER. People are going on and on about the bank being insured but in the end, that only applies if the bank goes under and the risk of that happening is far far lower than the company fucking up or fucking off.

ContentPimp 10-20-2010 12:23 PM

Get your money out when you get paid. Put it under your pillow and sleep well.

RuthB 10-20-2010 12:30 PM

Quote:

Originally Posted by tinafaye (Post 17626124)
Get your money out when you get paid. Put it under your pillow and sleep well.

:thumbsup :thumbsup

willwank 10-20-2010 12:35 PM

Quote:

Originally Posted by Toni (Post 17624835)
We will soon announce that we pay through Paxum too

Thats good news :) Maybe I should breath some life into my account again. I'll have a look.

Hermes 10-20-2010 12:44 PM

They sure have been growing fastest, but the game is not over yet.

How do I get rid of addiction to Paxum :winkwink:

Yngwie 10-20-2010 12:51 PM

Quote:

Originally Posted by Agent 488 (Post 17625041)
can we start taking payments even though we didn't get our card yet? what do we give? our email or a username?

Yes, you can. you don't need the card in order to receive payments. you use your email address to receive $.

willwank 10-20-2010 12:52 PM

Quote:

Originally Posted by Hermes (Post 17626191)
They sure have been growing fastest, but the game is not over yet.

How do I get rid of addiction to Paxum :winkwink:

:1orglaugh

I'll switch the day I feel an anal abscess

Alprazolam 10-20-2010 12:54 PM

you are giving them way too much credit.

Yngwie 10-20-2010 12:58 PM

Quote:

Originally Posted by willwank (Post 17626214)
:1orglaugh

I'll switch the day I feel an anal abscess

As long as you don't insert the card rectally you will be fine. :1orglaugh

punkpred 10-20-2010 01:02 PM

Quote:

Originally Posted by NanoBot (Post 17625168)
Fuck it then, when paxum folds I will already have an alternative waiting for you guys to save fees with and help me take you guy's money... since you guys don't mind me taking your cash as long as you save on fees.

Oh Ohhh Someone just shat a kitten!

http://felixgilman.com/wordpress/wp-.../04/kitten.jpg

zeuse 10-20-2010 01:05 PM

Quote:

Originally Posted by Yngwie (Post 17626211)
Yes, you can. you don't need the card in order to receive payments. you use your email address to receive $.

What happens if you change your email address? Like i change ISP and lose my old email?

Tempest 10-20-2010 01:11 PM

Quote:

Originally Posted by zeuse (Post 17626257)
What happens if you change your email address? Like i change ISP and lose my old email?

You can have multiple emails set up.. But yeah.. I hate systems that use an email address as the username..

Yngwie 10-20-2010 01:11 PM

Quote:

Originally Posted by zeuse (Post 17626257)
What happens if you change your email address? Like i change ISP and lose my old email?

you can add another email address in your account. The main email will still be the one you use to log in, but you can use any email that you add to your account to receive payments.


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