paxum question - factoring - GoFuckYourself.com

TrainWreckContent · 09-10-2018, 12:42 PM

i just had someone send me a paxum payment and normally when i check my account it says tranfer but this says "factoring" and the email i got also said: The service is provided pursuant to Paxum Factoring Terms of Use.

anyone know what that means? How is this different than any other transfer?

Denny · 09-10-2018, 12:45 PM

https://www.paxum.com/legal/factoring-terms-of-use/

TrainWreckContent · 09-10-2018, 01:35 PM

thanks for the link im just a little unclear

So here is the email i got

This email confirms that [email protected] Paxum Inc has purchased your invoice #212910, issued to [email protected]
Payment Details
Transaction Number: 62590549
Transaction Date: 2018-09-10 15:30:46
Purchase Price: xxx.00 USD
Invoice Details: exchange
Sincerely,
paxum.com team

The service is provided pursuant to Paxum Factoring Terms of Use.

based on the link provided by denny its my understanding paxum bought this invoice from xxxx and gave him the money for it. Which he then sent the money to me under "factoring". Now if he did a fraudulent Sale or intentionally provided false or misleading information to Paxum, the Sale, the Claim or the Assignment of Claim, (in regards to his Customer he invoiced). And paxum finds him to have done something fraudulent does that mean they/paxum could reverse the payment i have received from him at a later time?

i just want to make sure if i send him pay pal for this paxum money im not at risk later for paxum taking the money back if he did something wrong or fradulant?

I hope that makes sense, thanks for you help!

hdbuilder · 09-10-2018, 02:05 PM

Its because he is from the US i believe and they act as a third party to transfer to them and them to you...

TrainWreckContent · 09-10-2018, 02:16 PM

Quote:

Originally Posted by hdbuilder

Its because he is from the US i believe and they act as a third party to transfer to them and them to you...

ok so does that mean paxum could reverse the money and i would have to owe it back if he did something wrong? Sorry not sure how else to ask the question, but i do appreciate the information. I have just never received money before and had it say factoring. normally it just says transfer.

TrainWreckContent · 09-10-2018, 03:14 PM

what is confusing is that the email i got says paxum bought my invoice issued to ceo@... but i have never sent ceo@... an invoice #212910. I think this is a scam the sender is trying to pull. He asked me to trade paxum for pay pal. When he sent the paxum money he some how got paxum to factor an invoice i never created.

Profits of Doom · 09-10-2018, 03:41 PM

Quote:

Originally Posted by TrainWreckContent

what is confusing is that the email i got says paxum bought my invoice issued to ceo@... but i have never sent ceo@... an invoice #212910. I think this is a scam the sender is trying to pull. He asked me to trade paxum for pay pal. When he sent the paxum money he some how got paxum to factor an invoice i never created.

You should publish the email. If I recall correctly scumbag Brandon Ackerman was using an email address that started with [email protected] or something along those lines...

TrainWreckContent · 09-10-2018, 03:46 PM

Quote:

Originally Posted by Profits of Doom

You should publish the email. If I recall correctly scumbag Brandon Ackerman was using an email address that started with [email protected] or something along those lines...

yes i just found out it is Brandon

Dear Daniel,
This email confirms that [email protected] Paxum Inc has purchased your invoice #212910, issued to [email protected] Content Licensing LLC.

why does it say paxum bought my invoice? i feel like if i sent him the pay pal money i will be out the $243 in paxum

Profits of Doom · 09-10-2018, 03:49 PM

Quote:

Originally Posted by TrainWreckContent

yes i just found out it is Brandon

Dear Daniel,
This email confirms that [email protected] Paxum Inc has purchased your invoice #212910, issued to [email protected] Content Licensing LLC.

why does it say paxum bought my invoice? i feel like if i sent him the pay pal money i will be out the $243 in paxum

DO NOT send him the Paypal money, if you do you will get fucked out of it. He fucks people on money transfers for a living, just search his name on here. Do you know what you should do? Keep the money, it will serve shitbag Ackerman right for all the people he has fucked on here...

TrainWreckContent · 09-10-2018, 03:49 PM

so he contacted me and said he has $243 in paxum and wanted to trade it for pay pal. I gave him my paxum email and instead of getting an email that says such and such just sent you money i get an email that says paxum has bought my invoice. I have never seen this before.

TrainWreckContent · 09-10-2018, 03:51 PM

Quote:

Originally Posted by Profits of Doom

DO NOT send him the Paypal money, if you do you will get fucked out of it. He fucks people on money transfers for a living, just search his name on here. Do you know what you should do? Keep the money, it will serve shitbag Ackerman right for all the people he has fucked on here...

i havent sent him anything yet, since i never saw this before i told him i need to understand this "factoring" better. I thought i was ok since paxum doesnt do charge backs on transfers, but i dont understand this factoring

CaptainHowdy · 09-10-2018, 04:22 PM

Quote:

Originally Posted by Profits of Doom

You should publish the email. If I recall correctly scumbag Brandon Ackerman was using an email address that started with [email protected] or something along those lines...

. . .

sarettah · 09-10-2018, 04:25 PM

Quote:

Originally Posted by TrainWreckContent

i havent sent him anything yet, since i never saw this before i told him i need to understand this "factoring" better. I thought i was ok since paxum doesnt do charge backs on transfers, but i dont understand this factoring

100% agree with POD. DO NOT SEND ACKERMAN ANY MONEY! You will be fucked.

.

marlboroack · 09-10-2018, 04:52 PM

Not sure why you're having this issue. I sent Chris a link to this thread. All I did was transfer the small amount to the account address you sent me. So either complete the transfer or send the money back to our Paxum account.

PS. Have not done business with any of these people above.

Nice feedback reviews here: https://gfy.com/members/marlboroack/

PornDiscounts-V · 09-10-2018, 05:19 PM

The invoicing thing is normal. Has to do with USA regulations.

TrainWreckContent · 09-10-2018, 05:40 PM

Quote:

Originally Posted by PornDiscounts-V

The invoicing thing is normal. Has to do with USA regulations.

normally when i get money in paxum i get an email like this

paxum.com
You've Got Cash!
Dear Daniel,
This email confirms that [email protected] just sent you money with paxum.com
Payment Details

compared to this one today

Dear Daniel,
This email confirms that [email protected] Paxum Inc has purchased your invoice #212910, issued to [email protected] Content Licensing LLC.
Payment Details

this one doesn't even say You've got cash

Denny · 09-10-2018, 10:43 PM

Quote:

Originally Posted by TrainWreckContent

normally when i get money in paxum i get an email like this

paxum.com
You've Got Cash!
Dear Daniel,
This email confirms that [email protected] just sent you money with paxum.com
Payment Details

compared to this one today

Dear Daniel,
This email confirms that [email protected] Paxum Inc has purchased your invoice #212910, issued to [email protected] Content Licensing LLC.
Payment Details

this one doesn't even say You've got cash

Yes, it's normal if you are paid by someone from the USA (USA Business Account-Holder). Been like that for months, Paxum announced that in February:

Quote:

New Changes Coming to Paxum Account Holders!

Paxum is changing the way you get paid from USA Business Account-Holders. As of today, all your invoices to US Payers, will be sold to Paxum and paid instantly by Paxum. We will present all purchased claims to the US Payer ourselves and collect the funds directly from the US Payer.

Also we are introducing the following additional fees to Paxum Account Holders in order to continue providing you with the best service possible:

Personal Account Holders will be charged $0.25 USD per received Paxum payment.
Busines Account Holders will be charged $1.00 USD per received Paxum payment.
All accounts that have no transactions for more then 180 days, will be charged $5.00 USD per month dormant account fee.

Please log in to your Paxum Account and accept the new terms to continue using your Paxum Account.

King Mark · 09-10-2018, 11:01 PM

Some decent lulz up in here...

BigFurry · 09-10-2018, 11:43 PM

It's normal, Paxum does this factoring stuff for every payment that's sent from the US.
If you're signed up to US-based affiliate programs, you'll see that all their payments go through Paxum factoring.

I believe this is a way for Paxum to comply with US laws easier.

TrainWreckContent · 09-11-2018, 10:54 AM

thanks for the information and clarifying!

PornDiscounts-V · 09-11-2018, 01:07 PM

I have no skin in this game and I don't know the guy you are doing the transfer with. I can only state that factoring/invoicing is standard practice and has no bearing on the legitimacy of the transaction.

TrainWreckContent · 09-12-2018, 07:32 AM

Quote:

Originally Posted by PornDiscounts-V

I have no skin in this game and I don't know the guy you are doing the transfer with. I can only state that factoring/invoicing is standard practice and has no bearing on the legitimacy of the transaction.

thank you!

marlboroack · 09-16-2018, 08:38 AM

Everything went smoothly. Will do more deals in the future for sure.

09-10-2018, 12:42 PM	#1
TrainWreckContent Confirmed User Industry Role: Join Date: Dec 2008 Location: Under a Train Wreck Posts: 8,095	paxum question - factoring i just had someone send me a paxum payment and normally when i check my account it says tranfer but this says "factoring" and the email i got also said: The service is provided pursuant to Paxum Factoring Terms of Use. anyone know what that means? How is this different than any other transfer? __________________ Need SD, HD or mobile content? Train Wreck Content & Adult Content Source has niches like Penis Enlargement Excersises, EXGF, EXBF, Tranny, Gay, Spanking, hand jobs and lots more! We also specialize in bulk packages. Need your blogs updated, site reviews, profiles, something else written? Check out: expresswritersonline! ICQ: 381-464-069 / Skype spanking.forcash / Email: [email protected]

09-10-2018, 01:35 PM	#3
TrainWreckContent Confirmed User Industry Role: Join Date: Dec 2008 Location: Under a Train Wreck Posts: 8,095	thanks for the link im just a little unclear So here is the email i got This email confirms that [email protected] Paxum Inc has purchased your invoice #212910, issued to [email protected] Payment Details Transaction Number: 62590549 Transaction Date: 2018-09-10 15:30:46 Purchase Price: xxx.00 USD Invoice Details: exchange Sincerely, paxum.com team The service is provided pursuant to Paxum Factoring Terms of Use. based on the link provided by denny its my understanding paxum bought this invoice from xxxx and gave him the money for it. Which he then sent the money to me under "factoring". Now if he did a fraudulent Sale or intentionally provided false or misleading information to Paxum, the Sale, the Claim or the Assignment of Claim, (in regards to his Customer he invoiced). And paxum finds him to have done something fraudulent does that mean they/paxum could reverse the payment i have received from him at a later time? i just want to make sure if i send him pay pal for this paxum money im not at risk later for paxum taking the money back if he did something wrong or fradulant? I hope that makes sense, thanks for you help! __________________ Need SD, HD or mobile content? Train Wreck Content & Adult Content Source has niches like Penis Enlargement Excersises, EXGF, EXBF, Tranny, Gay, Spanking, hand jobs and lots more! We also specialize in bulk packages. Need your blogs updated, site reviews, profiles, something else written? Check out: expresswritersonline! ICQ: 381-464-069 / Skype spanking.forcash / Email: [email protected]

09-10-2018, 02:05 PM	#4
hdbuilder Confirmed User Industry Role: Join Date: Jun 2012 Location: Canada Posts: 1,338	Its because he is from the US i believe and they act as a third party to transfer to them and them to you... __________________ ROBO SCRIPTS \| WP CAM PLUGIN - Scripts To Promote Cam Sites - Chaturbate, BongaCams, Streamate, LiveJasmin, Stripchat... The Cam Site Builder, The Cam Multi Site Builder -> MULTIPLE CAM SITES IN ONE

09-10-2018, 03:14 PM	#6
TrainWreckContent Confirmed User Industry Role: Join Date: Dec 2008 Location: Under a Train Wreck Posts: 8,095	what is confusing is that the email i got says paxum bought my invoice issued to ceo@... but i have never sent ceo@... an invoice #212910. I think this is a scam the sender is trying to pull. He asked me to trade paxum for pay pal. When he sent the paxum money he some how got paxum to factor an invoice i never created. __________________ Need SD, HD or mobile content? Train Wreck Content & Adult Content Source has niches like Penis Enlargement Excersises, EXGF, EXBF, Tranny, Gay, Spanking, hand jobs and lots more! We also specialize in bulk packages. Need your blogs updated, site reviews, profiles, something else written? Check out: expresswritersonline! ICQ: 381-464-069 / Skype spanking.forcash / Email: [email protected]

09-10-2018, 03:49 PM	#10
TrainWreckContent Confirmed User Industry Role: Join Date: Dec 2008 Location: Under a Train Wreck Posts: 8,095	so he contacted me and said he has $243 in paxum and wanted to trade it for pay pal. I gave him my paxum email and instead of getting an email that says such and such just sent you money i get an email that says paxum has bought my invoice. I have never seen this before. __________________ Need SD, HD or mobile content? Train Wreck Content & Adult Content Source has niches like Penis Enlargement Excersises, EXGF, EXBF, Tranny, Gay, Spanking, hand jobs and lots more! We also specialize in bulk packages. Need your blogs updated, site reviews, profiles, something else written? Check out: expresswritersonline! ICQ: 381-464-069 / Skype spanking.forcash / Email: [email protected]

09-10-2018, 12:45 PM	#2
Denny Too lazy to set a custom title Industry Role: Join Date: Feb 2005 Posts: 17,064	https://www.paxum.com/legal/factoring-terms-of-use/ __________________

09-10-2018, 04:52 PM	#14
marlboroack So Fucking Banned Industry Role: Join Date: Jul 2010 Location: ☣ Posts: 9,327	Not sure why you're having this issue. I sent Chris a link to this thread. All I did was transfer the small amount to the account address you sent me. So either complete the transfer or send the money back to our Paxum account. PS. Have not done business with any of these people above. Nice feedback reviews here: https://gfy.com/members/marlboroack/

09-10-2018, 05:19 PM	#15
PornDiscounts-V Confirmed User Industry Role: Join Date: Oct 2003 Location: L.A. Posts: 5,739	The invoicing thing is normal. Has to do with USA regulations. __________________ Blog Posts - Contextual Links - Hardlinks on 600+ Blog Network * Handwritten * 180 C Class IPs * Permanent! * Many Niches! * Bulk Discounts! GFYPosts /at/ J2Media.net

09-10-2018, 11:01 PM	#18
King Mark Masterbaiter Industry Role: Join Date: Aug 2016 Posts: 24,312	Some decent lulz up in here... __________________

09-10-2018, 11:43 PM	#19
BigFurry Confirmed User Industry Role: Join Date: Nov 2003 Posts: 1,509	It's normal, Paxum does this factoring stuff for every payment that's sent from the US. If you're signed up to US-based affiliate programs, you'll see that all their payments go through Paxum factoring. I believe this is a way for Paxum to comply with US laws easier.

09-11-2018, 10:54 AM	#20
TrainWreckContent Confirmed User Industry Role: Join Date: Dec 2008 Location: Under a Train Wreck Posts: 8,095	thanks for the information and clarifying! __________________ Need SD, HD or mobile content? Train Wreck Content & Adult Content Source has niches like Penis Enlargement Excersises, EXGF, EXBF, Tranny, Gay, Spanking, hand jobs and lots more! We also specialize in bulk packages. Need your blogs updated, site reviews, profiles, something else written? Check out: expresswritersonline! ICQ: 381-464-069 / Skype spanking.forcash / Email: [email protected]

09-11-2018, 01:07 PM	#21
PornDiscounts-V Confirmed User Industry Role: Join Date: Oct 2003 Location: L.A. Posts: 5,739	I have no skin in this game and I don't know the guy you are doing the transfer with. I can only state that factoring/invoicing is standard practice and has no bearing on the legitimacy of the transaction. __________________ Blog Posts - Contextual Links - Hardlinks on 600+ Blog Network * Handwritten * 180 C Class IPs * Permanent! * Many Niches! * Bulk Discounts! GFYPosts /at/ J2Media.net

09-16-2018, 08:38 AM	#23
marlboroack So Fucking Banned Industry Role: Join Date: Jul 2010 Location: ☣ Posts: 9,327	Everything went smoothly. Will do more deals in the future for sure.