Are you seriously considering Paxum and Payoneer?
 

If so why?

Payoneer support sucks! it has been posted in more threads this week than sexy pictures of juicy d links have been posted since he joined gfy.

Paxum APPEARS to run out of a po box in montreal with a bunch of failed program reps pushing it.

What the fuck are you guys thinking?

Well i see a lot of people will get burnt yet again for playing with fire ..some people just never learn

nope and nope

What do you recommend?

add cashX.com as well

Fucking idiots. Get paid by checks or look for another line of work. People in this industry will always fuck you. Using a payment processor just puts another person in the loop and doubles your chances of being screwed.

It is a real pain in the ass for webmasters in foreign countries to fuck with checks, are you out of the loop?

whats worse? delays or just losing everything? no brainer.

I realize this but you're going to get screwed again so be ready. There is a reason everyone used epass instead of something like paypal that is more popular. Mainstream doesn't like adult.

That means any payment processor that will work will have to be run by industry people, which means you will be fucked again because there is a shady element to this biz that will never go away.

delays. :2 cents:

They also have to deal with insane charges to cash foreign checks. It's not the same in the U.S.

Still in the long run you might lose more money. I will never use another payment processor again.

And which do you recommend?

Here's the thing... 2-3 weeks to get the cheque. $5 to deposit each one.. 20 days for it to clear.. While you're waiting, the company can go under and/or the cheque bounces etc.

Something like epass, get the cash immediately, drive to the ATM and withdraw it. Course the timing of this fiasco was fantastic in terms of money having just been deposited from sponsors.

There's risks with absolutely everything. The faster I can get the cash in my hands and into my own bank the better and epass was great for that. If a sponsor was going to fuck you, you knew right away as opposed to having to wait several weeks.

exactly the fees are high... also things get lost in the mail occasionally. Or even i lose the odd cheque just through stupidity (not often but even one every couple of years is annoying).

Half of us here i would guess are not US based so yeah ill use cheques but i dun like it :(

I am going to use wires and checks ... I am in the US.

The designer I use in Russia is going to use Payoneer.

Some folks don't have a choice.

also Paxum's fees are cheaper than Payoneer I am told, and they actually have ok support so yeah why not Paxum.

For some reason i get a bad feeling about Payoneer...

I'm going to wait until the dust settles and see what/who's left, which probably means I'm going to shift focus entirely to mainstream domains for the next few months, which considering I've sold over 100 mainstream domains and only 1 adult domain in the past month (thank you Epass :(), that's an easy decision to make.

those are the 2 companies I am not concidering

Why is that?? We offer more funding and withdraw methods then these two combined and sending and receiving funds between members is FREE. We offer multi-currency transactions, ACH/EFT, etc. We also have an option to load your funds directly onto your credit cards coming in a weeks time!

Like what the heck more do you guys need? and we are a REGISTERED MSB in Canada and the USA? I wonder what the banks are going to do when they check these guys out and find out that they are not listed or registered to handle money? Hmmm, hope you have your funds out before that happens!...just do your DD, thats all I'm saying here guys, check this stuff out first.

I've monitored several threads concerning alternatives to e-Passporte. I believe that all of the alternatives represent a certain amount of risk. Many of them are following the same or similar business models to e-Passporte.

Specifically, you have wallets that allow affiliate programs to load funds into their wallets and transfer those funds to wallets owned by the recipients for withdrawal from a card product.

Until a company comes along that provides assurances that their internal transfer systems operate in compliance with regulatory best practices (AML, SAR, OFAC, et al) and ensure that their services aren't used for Gambling or other proscribed business models there will continue to be a significant risk of loss to both program operators and affiliates.

These assurances could be provided by conducting regularly scheduled independent audits of the company's internal operations, controls and risk management that are published to wallet holders. Further, regular financial disclosure would allow users to feel more secure about the company holding their walleted funds.

These disclosures are required of banks in the U.S. and almost every international jurisdiction has regulatory oversight requirements established by their respective central banks. As private companies, these wallets are operating in a shadowy area that requires no regular review or disclosure other than the PCI compliance and basic compliance required by the card associations to issue a branded card product.

Until such a company comes along, it's a case of buyer beware. The benefits of having a means of providing instant funds access may well out-weigh the risks, but that remains to be seen.

what will happen with all the personal information and ID info and personal account and CCs stored in EPASS?

All people worry about the money... BUT they are forgetting this very important point. .personal data...

I wonder what will happen to that HUGE database with sensible information....

----

Exactly... All those Indian call centre employees that lost their job will happily sell your data, happened to some big UK banks that outsourced to India.

Don't worry about the $1k in your account worry about the car loans, mortgages and creditcards being ordered in your name with all your gov id's.

:2 cents:

im still waiting for a 500$ naughty america cheque and since 2 years they telling me they send it out next week ..such things never happend with epass

No although I am a none US webmaster.

Ill use both + one more ...

epassporte system made me millions in the past 7 years ...
(Did you notice the 'S' at the end of 'million' ?)

So I've lost $6000 and I won millions ...
Not a bad deal in my book :winkwink:

So whos the idiot here huh? hahahah

i've had more problems with bounced, missing checks or checks with the wrong info on them than epass payments.

payoneer need to add super support, p2p and lower feees and they will rule into adult industry, why they don't do it? i dont fucking know!

What he said.
Simple answer is to quickly get $$ and micropayments from the customer non US based designers have to use systems like alertpay or cashx.

Is it just me or Pimproll banner in the bottom uses 3d tech as of it looks blurry to me?

Sorry, but that's just ignorant. It may work for you, but it does not for people located outside of North America.

I'l do following-payoneer for small amounts,wire for big amounts.Very simple.

Ill give it another 5-6 years and these online adult payment systems will come full circle again The fact is Banks, Visa and Mastercard do not like $$$ from adult because it is so high risk.

As I have said in another thread I am now even getting problems with an international bank cashing checks from an adult ad network, which I never had problems with before.

I'm going for cashx.com and okpay.com

CashX looks like the best out of all of these soloutions though. And the banking system they have in place appears to be a lot safer than what the other systems are using.

Si, I can assure you Paxum is not working out of a PO Box. :1orglaugh
Kenny B is indeed coming out the office to meet with the President of the company.

I use payoneer few years now and I will ALSO now use paxum

what is problem

show must go on ;)

Ppl should do their own due diligence on Payoneer.

Agreed 100% :) We are here to answer any questions or address any concerns anyone may have regarding Paxum.

Oh dear sooooo many options what to do now?