Paxum exchange rates bad again?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • BigFurry
    Confirmed User
    • Nov 2003
    • 1574

    #1

    Business Paxum exchange rates bad again?

    After Paxum disabled USD wire withdrawals in Europe, I accepted having to exchange USD to EUR to withdraw, because USD->EUR exchange rate was set to a reasonable rate.

    Today I checked again. I get 2% less EUR than mid-rate. That's a total spread of 4%...

    Paxum, please set back the reasonable exchange rates until it's possible to withdraw in USD in Europe.
  • BigFurry
    Confirmed User
    • Nov 2003
    • 1574

    #2
    Bump for answers.

    Also, when will be USD WIRE Withdrawals reenabled in the EU?

    Comment

    • Bladewire
      StraightBro
      • Aug 2003
      • 56228

      #3
      If they don't fuck you one way they'll fuck you another


      Skype: CallTomNow

      Comment

      • Steve G
        Confirmed User
        • Apr 2002
        • 209

        #4
        Originally posted by BigFurry
        After Paxum disabled USD wire withdrawals in Europe, I accepted having to exchange USD to EUR to withdraw, because USD->EUR exchange rate was set to a reasonable rate.

        Today I checked again. I get 2% less EUR than mid-rate. That's a total spread of 4%...

        Paxum, please set back the reasonable exchange rates until it's possible to withdraw in USD in Europe.
        I use 2 banks and one of them charges me 2.5% and the other one over 3% on all currency exchanges. And you are crying over a 2% exchange rate?

        Comment

        • Fat Panda
          Porn is Dead. Move along.
          • Aug 2006
          • 13296

          #5
          rofl

          Comment

          • BigFurry
            Confirmed User
            • Nov 2003
            • 1574

            #6
            Originally posted by Steve G
            I use 2 banks and one of them charges me 2.5% and the other one over 3% on all currency exchanges. And you are crying over a 2% exchange rate?
            Yes. There are some services that exchange close to mid-rate now.

            A month ago Paxum had a fee about 0.5-0.7%, the current 2% means tripling the exchange fee.

            Comment

            • Sec
              Confirmed User
              • Aug 2012
              • 23

              #7
              It's ridiculous that they selectively disable USD wires not based on your bank account, but based on your account location.
              If it doesn't come back, then I'm going to push our sponsors for alternative payment methods.

              Comment

              • Steve G
                Confirmed User
                • Apr 2002
                • 209

                #8
                Originally posted by BigFurry
                Yes. There are some services that exchange close to mid-rate now.

                A month ago Paxum had a fee about 0.5-0.7%, the current 2% means tripling the exchange fee.
                And before it was what? I think it was the same 2% for many many years.

                Comment

                • Steve G
                  Confirmed User
                  • Apr 2002
                  • 209

                  #9
                  Originally posted by Sec
                  It's ridiculous that they selectively disable USD wires not based on your bank account, but based on your account location.
                  If it doesn't come back, then I'm going to push our sponsors for alternative payment methods.
                  You can push all you want but nobody is doing USD wires anymore in the adult industry. Our program uses paxum and is the only system that allows me to fund them in USD instead of EUR.

                  Comment

                  • Sec
                    Confirmed User
                    • Aug 2012
                    • 23

                    #10
                    Originally posted by Steve G
                    You can push all you want but nobody is doing USD wires anymore in the adult industry. Our program uses paxum and is the only system that allows me to fund them in USD instead of EUR.
                    "Nobody" is incorrect, there are a lot of sponsors that support USD wire transfers, ranging from small sponsors to large sponsors (like AdultForce).
                    One of our sponsors who wanted to get promoted by us, was using payment system (similar to Verotel) that we didn't support, that sponsor is now in the process of completely changing to one that we support. So payment method types do matter.

                    Comment

                    • Biggie Smalls Web Writing
                      Confirmed User
                      • Aug 2011
                      • 3993

                      #11
                      At least their exchange rates were good imho before they closed my account

                      Skype: bzivkovic88 - Email: orders at xxxtranslations.com - ICQ: 618 800 215

                      Comment

                      • Sec
                        Confirmed User
                        • Aug 2012
                        • 23

                        #12
                        Originally posted by BigFurry
                        Bump for answers.

                        Also, when will be USD WIRE Withdrawals reenabled in the EU?
                        Have a look here: gfy.com/22502547-post3.html
                        You can ask Ruth to enable it for your account. (She's a better help than the standard Paxum support.)

                        Comment

                        • Miguel
                          Confirmed User
                          • Apr 2004
                          • 2978

                          #13
                          I hope they will restore that good exchange rate soon!
                          Serious Cash: 27 niche sites - step fantasy, teen, amateur, anal, hardcore, reality
                          [Kinky Family]
                          [Brutal X] [Fucking Glasses] [18 Videoz] [Teeny Lovers] [Sell Your Gf]
                          [Dirty Flix] and others great sites...

                          Comment

                          • Andreweb
                            Confirmed User
                            • Mar 2013
                            • 2431

                            #14
                            This is why I don't use them anymore!
                            Make Money With: Chaturbate
                            Cheap Reliable Hosting

                            Comment

                            • zerovic
                              Confirmed User
                              • Apr 2010
                              • 1116

                              #15
                              Originally posted by Sec
                              She's a better help than the standard Paxum support.
                              You mean the paxum91, paxum81, Paxum46, Paxum27, Paxum39 etc guys? I was always wondering who these, so called, support people are.. They never introduce themselves, and it usually takes them a few days to answer a ticket..
                              php, html, jquery, javascript, wordpress - contact me at contact at zerovic.com

                              Comment

                              • adultchatpay
                                Let's Make Money
                                • Dec 2008
                                • 8785

                                #16
                                Originally posted by Biggie Smalls Web Writing
                                At least their exchange rates were good imho before they closed my account
                                That is bad news. What happened?

                                Comment

                                • femdomdestiny
                                  Confirmed User
                                  • Apr 2007
                                  • 5182

                                  #17
                                  a simple question: what is the best alternative to paxum at this moment?
                                  Femdom Destiny


                                  --------------------------------------------
                                  ICQ: 463-630-426
                                  email: webmaster(at)femdomdestiny.com

                                  Comment

                                  • Paul&John
                                    Confirmed User
                                    • Aug 2005
                                    • 8643

                                    #18
                                    Any news on the crappy exchange rates?
                                    Use coupon 'pauljohn' for a $1 discount at already super cheap NameSilo!
                                    Anal Webcams | Kinky Trans Cams Live | Hotwife XXX Tube | Get your Proxies here

                                    Comment

                                    • nikki99
                                      Supermodel
                                      • Nov 2004
                                      • 23087

                                      #19
                                      Originally posted by femdomdestiny
                                      a simple question: what is the best alternative to paxum at this moment?
                                      none

                                      a sponsor is having issues with epayments today
                                      SMC Revenue - Best Tgirl websites of the world now VR
                                      Non exclusive BIG Tranny/shemale Package for sale, full 2257 - hit me up skype: nikkimontero

                                      Comment

                                      • Holy Damage
                                        Confirmed User
                                        • Oct 2013
                                        • 996

                                        #20
                                        At least you can withdraw your money

                                        Comment

                                        • femdomdestiny
                                          Confirmed User
                                          • Apr 2007
                                          • 5182

                                          #21
                                          I think we need to try to make some deal here and start using something that already exists and it is well established. If we find such service, make a thread where webmasters willing to accept will leave their confirmation, then the thread can be sent to sponsors and we can demand that they support all that.

                                          For example, https://epayservices.com/ , anyone using them? I never had a chance to try, or ther was no real need until now.
                                          Femdom Destiny


                                          --------------------------------------------
                                          ICQ: 463-630-426
                                          email: webmaster(at)femdomdestiny.com

                                          Comment

                                          • BigFurry
                                            Confirmed User
                                            • Nov 2003
                                            • 1574

                                            #22
                                            Just checked. Exchange rate still bad.

                                            Comment

                                            • Adraco
                                              Confirmed User
                                              • May 2009
                                              • 3745

                                              #23
                                              No, those exchange rates are not good at all.
                                              ----------------------------------------------------------------------------------
                                              The truth is not affected by the beliefs, or doubts, of the majority.

                                              Comment

                                              • magneto664
                                                God Bless You
                                                • Aug 2014
                                                • 1470

                                                #24
                                                today I probably made the last paxum payment for my company account in UK
                                                so this is a example:
                                                1000 gbp withdraw to uk is a 1,240.23 USD + 25 USD wire fee. (paxum)
                                                in total : 1265.23 (by paxum)
                                                my Barclays bank:
                                                for a 1000 gbp want ONLY a 1152.80 USD

                                                =
                                                1265.23-1152.80=112.43 USD
                                                =
                                                in total: 112.43 USD = 92.48 Pound sterling (difference) beetween paxum and CLEAR bank transfer with usually cost a 50 usd from sponsor in bank to bank transaction.

                                                to be clear:
                                                to withdraw a 1000 GBP you need almost 100 GBP in WEES - almost 10% commission -
                                                WHO CAN FUCK YOU BETTER THAN?
                                                on Monday i will only make a sure all uk banks fees are clear and know for me - and

                                                good save the queen.
                                                magneto664 📧 gmail.com
                                                Cams.Zone 💘 Best CDN for Adult Content
                                                My Fav: 👍 Chaturbate 👍 Stripchat 👍 AdultFriendFinder

                                                Comment

                                                • BigFurry
                                                  Confirmed User
                                                  • Nov 2003
                                                  • 1574

                                                  #25
                                                  Any update on this? Haven't seen Paxum chime in.

                                                  Comment

                                                  • femdomdestiny
                                                    Confirmed User
                                                    • Apr 2007
                                                    • 5182

                                                    #26
                                                    fuck them. I've withdrawn some money and it cost me around 200 bucks. I am moving to epayservices will only use paxum for a few small sponsors.

                                                    Femdom Destiny


                                                    --------------------------------------------
                                                    ICQ: 463-630-426
                                                    email: webmaster(at)femdomdestiny.com

                                                    Comment

                                                    • Steve G
                                                      Confirmed User
                                                      • Apr 2002
                                                      • 209

                                                      #27
                                                      Originally posted by magneto664
                                                      today I probably made the last paxum payment for my company account in UK
                                                      so this is a example:
                                                      1000 gbp withdraw to uk is a 1,240.23 USD + 25 USD wire fee. (paxum)
                                                      in total : 1265.23 (by paxum)
                                                      my Barclays bank:
                                                      for a 1000 gbp want ONLY a 1152.80 USD

                                                      =
                                                      1265.23-1152.80=112.43 USD
                                                      =
                                                      in total: 112.43 USD = 92.48 Pound sterling (difference) beetween paxum and CLEAR bank transfer with usually cost a 50 usd from sponsor in bank to bank transaction.

                                                      to be clear:
                                                      to withdraw a 1000 GBP you need almost 100 GBP in WEES - almost 10% commission -
                                                      WHO CAN FUCK YOU BETTER THAN?
                                                      on Monday i will only make a sure all uk banks fees are clear and know for me - and

                                                      good save the queen.
                                                      You can't compare Barclays to Paxum. 2% is not really high for a conversion that Paxum charges. See how much Paypal or Payoneer charges if you really want to complain.

                                                      Second of all none of those would even work with Adult companies but Paxum does.

                                                      And also try getting wires to your Barclays bank from Adult companies to see how fast your bank account gets shut down due to Compliance or Moral issues.

                                                      Comment

                                                      • BigFurry
                                                        Confirmed User
                                                        • Nov 2003
                                                        • 1574

                                                        #28
                                                        Any update? Exchange rate still seems bad and USD withdrawals disabled

                                                        Comment

                                                        • gorillaz_
                                                          Confirmed User
                                                          • Sep 2014
                                                          • 361

                                                          #29
                                                          @bigfurry you are one of few reasonable posters here .

                                                          how you think those crooks can make money ?

                                                          Comment

                                                          • ianmoone332000
                                                            Confirmed User
                                                            • Jun 2014
                                                            • 1706

                                                            #30
                                                            How do i see Paxums exchange rate?
                                                            Still the best money making live cam site in the world

                                                            Comment

                                                            • BigFurry
                                                              Confirmed User
                                                              • Nov 2003
                                                              • 1574

                                                              #31
                                                              Originally posted by ianmoone332000
                                                              How do i see Paxums exchange rate?
                                                              Transfer Funds -> Between Accounts

                                                              Comment

                                                              • mrpornlive
                                                                Confirmed User
                                                                • Apr 2021
                                                                • 498

                                                                #32
                                                                I live in France and the exchange rate is bad too.

                                                                Has any of you tried to order the credit card and do transfer Paxum ---> Paxum Credit card?

                                                                So you pay only the fees that your local bank applies when withdrawing? Mine is 0,025% so much less than the 2,5% of paxum

                                                                Thinking about ordering the card but would like to know if it's worth it
                                                                Webmaster of --> Mrpornlive.com <-- the best porn sites 🏆

                                                                Best porn affiliate programs - Backlinks and blog posts for sale

                                                                Comment

                                                                • Denny
                                                                  Too lazy to set a custom title
                                                                  • Feb 2005
                                                                  • 17389

                                                                  #33
                                                                  Originally posted by mrpornlive
                                                                  I live in France and the exchange rate is bad too.

                                                                  Has any of you tried to order the credit card and do transfer Paxum ---> Paxum Credit card?

                                                                  So you pay only the fees that your local bank applies when withdrawing? Mine is 0,025% so much less than the 2,5% of paxum

                                                                  Thinking about ordering the card but would like to know if it's worth it
                                                                  UnionPay card ATM withdrawal fee is $2 + 3% of amount withdrawn.

                                                                  Comment

                                                                  • mrpornlive
                                                                    Confirmed User
                                                                    • Apr 2021
                                                                    • 498

                                                                    #34
                                                                    What do you think ? Is it worth it? compared to the bad exchange rate?
                                                                    Webmaster of --> Mrpornlive.com <-- the best porn sites 🏆

                                                                    Best porn affiliate programs - Backlinks and blog posts for sale

                                                                    Comment

                                                                    • Denny
                                                                      Too lazy to set a custom title
                                                                      • Feb 2005
                                                                      • 17389

                                                                      #35
                                                                      For me it's more convenient to withdraw by card than EFT. EFT is $2.5 but in my case there are two converiosns involved: Paxum converts USD to EUR and then my bank converts EUR to CZK.

                                                                      Comment

                                                                      • adultchatpay
                                                                        Let's Make Money
                                                                        • Dec 2008
                                                                        • 8785

                                                                        #36
                                                                        EFT has $5 fee for me, the conversion is not that great though.
                                                                        But a lot less cheaper compared to Wire or Withdraw to own card.

                                                                        Comment

                                                                        • romeo22
                                                                          你自己去他媽的
                                                                          • Mar 2008
                                                                          • 23350

                                                                          #37
                                                                          Paxum takes your money on lega way.
                                                                          So same with the previous payment options.
                                                                          I still remember epass it was tto real to be true

                                                                          Comment

                                                                          • ~Evilin~
                                                                            Confirmed User
                                                                            • Nov 2005
                                                                            • 2126

                                                                            #38
                                                                            Tried to send the funds to my debit card (not paxum's)
                                                                            but no result... usually it takes 1-2 mins

                                                                            support told:
                                                                            Kindly note that the withdrawal request is currently pending because of a technical issue on our payment processor end.

                                                                            Please be advised that the transfer will be rejected in the shortest time possible, and then you will be able to process the withdraw again.
                                                                            how long it will take?
                                                                            Ruth doesn't answer

                                                                            I do not like paxum with its bad service even more than Paypal.. but PP 99% sends all funds to a card without any troubles
                                                                            ID transaction 7498485

                                                                            AI Porn banners | Our mail: [email protected] | Telegram: @DenzikZT

                                                                            Comment

                                                                            • Chuchu68
                                                                              Registered User
                                                                              • Aug 2021
                                                                              • 44

                                                                              #39
                                                                              seems have really a bad problem
                                                                              Earn 100$ @ FIVERR | Play Games Money Whale

                                                                              Comment

                                                                              Working...