Something to really worry about with Paxum

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  • suesheboy
    Confirmed User
    • Nov 2002
    • 5211

    #1

    Something to really worry about with Paxum

    Forget the Romanian bank issue.

    Let's just talk about what a pain in the ass they are to get your monies or accounts validated sometimes with multiple IDs and the like and there is no real way to speak to those who actually make things happen but their lackeys.

    Last year my mother, a former VP in a brokerage company here in the US died in July. She died with an airtight will and all accounts well laid for me and my father to handle.

    All the money overseas in Switzerland and Lichtenstein has created major hassles and some of the US credit card companies, banks and brokerage accounts have also been a pain but NOT ONE OF THESE PEOPLE HAVE ASKED FOR THE TYPE OF DOCUMENTATION PAXUM DEMANDS. NOT ONE...and we are dealing with far larger numbers than anyone would ever run through Paxum.

    Most of you using this service are under the age of 40 and I dare say don't think about what would happen to you and your money if you become incapacitated or die.

    If it is so hard for you to get your money....what would your family do in the event of such a tragedy? Do they have an "estate" department that you can speak to? Do they snail mail statements so that someone who does not know about your account would be alerted that the account exists in your passing?

    If you have a family with a wife, husband and even kids...this is what you should be considering.
    Last edited by suesheboy; 01-06-2013, 01:08 PM.
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  • Va2k
    I’m still alive barley.
    • Oct 2001
    • 10060

    #2
    Well im not saying anything bad towards them, but I learned my lesson with epass.. That's all im going to say..

    Comment

    • MaDalton
      I am Amazing Content!
      • Feb 2004
      • 39861

      #3
      Money in Switzerland and Liechtenstein? The IRS thanks you for your thread ;)
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      • seeandsee
        Check SIG!
        • Mar 2006
        • 50945

        #4
        I think only expert in such banking laws etc can answer you on this topic with direct answer...
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        Comment

        • Dirty Dane
          Sick Fuck
          • Feb 2004
          • 9491

          #5
          Originally posted by MaDalton
          Money in Switzerland and Liechtenstein? The IRS thanks you for your thread ;)

          Comment

          • Validus
            Confirmed User
            • Jul 2001
            • 4012

            #6
            KYC (Know Your Customer) is important. Their KYC requirements seem standard compared to the ewallet/pre-paid services I've interacted with.

            I think the biggest "mistake" is to offer support on boards

            Comment

            • AdultPornMasta
              Confirmed User
              • May 2012
              • 1506

              #7
              Paxum must comply with the identification and documentation requirements of the issuing credit card/ATM card companies which are set by USA law.

              Get over it!

              "The world is full of obvious things which nobody by any chance ever observes."

              Comment

              • Validus
                Confirmed User
                • Jul 2001
                • 4012

                #8
                Originally posted by AdultPornMasta
                Paxum must comply with the identification and documentation requirements of the issuing credit card/ATM card companies which are set by USA law.

                Get over it!

                Not sure where you get the US law from

                But yea, KYC is important.

                Comment

                • AdultPornMasta
                  Confirmed User
                  • May 2012
                  • 1506

                  #9
                  Originally posted by Validus
                  Not sure where you get the US law from

                  But yea, KYC is important.
                  Orly?

                  Start here:

                  http://www.occ.gov/topics/compliance...gulations.html

                  "The world is full of obvious things which nobody by any chance ever observes."

                  Comment

                  • Chris
                    Too lazy to set a custom title
                    • May 2003
                    • 27880

                    #10
                    suesheboy,


                    Im sorry you feel our KYC is too strict. I'd much rather us be one of the most strict when it comes to KYC and lose a few customers and deal with a couple mad posters on a message board than allow someone with questionable documents into paxum and put everyone at risk.
                    [email protected]

                    Comment

                    • suesheboy
                      Confirmed User
                      • Nov 2002
                      • 5211

                      #11
                      Originally posted by MaDalton
                      Money in Switzerland and Liechtenstein? The IRS thanks you for your thread ;)
                      They know about it. Taxes paid as well as yearly filings...another reason why I brought this up. Having money overseas now as an American is a hassle and the banks there don't want our money.

                      Swiss Francs (that's what Lichtenstein uses too) are much more stable than the Euro and the US $.

                      Bottom line is all 3 overseas banks want our money out by the summer. Never asked for an ID but just want where it is to be wired or where the check is to be sent.
                      Last edited by suesheboy; 01-06-2013, 01:35 PM.
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                      • Validus
                        Confirmed User
                        • Jul 2001
                        • 4012

                        #12
                        Originally posted by AdultPornMasta
                        I was under the impression that they are not a US based company. They are probably following KYC requirements specific to Canada or maybe those required by the BIN sponsor. Also, KYC isn't only a compliance thing, but also helps prevent fraud and money laundering.

                        Comment

                        • AdultPornMasta
                          Confirmed User
                          • May 2012
                          • 1506

                          #13
                          Originally posted by Validus
                          I was under the impression that they are not a US based company. They are probably following KYC requirements specific to Canada or maybe those required by the BIN sponsor. Also, KYC isn't only a compliance thing, but also helps prevent fraud and money laundering.
                          Mastercard and VISA are USA-based and therefore USA laws apply, thank you.

                          "The world is full of obvious things which nobody by any chance ever observes."

                          Comment

                          • Validus
                            Confirmed User
                            • Jul 2001
                            • 4012

                            #14
                            Originally posted by AdultPornMasta
                            Mastercard and VISA are USA-based and therefore USA laws apply, thank you.

                            I will leave this thread alone

                            But VISA Europe isn't a US company, it is a membership organization. And KYC requirements are not outlined by the scheme.

                            Comment

                            • FingerPrinter
                              So Fucking Banned
                              • Jun 2012
                              • 269

                              #15
                              Bottom line is Paxum is not a bank, do not keep money in there that you can't afford to lose, and if you do, hope that they don't go under while it's there

                              I won't even keep more than 5k in Paypal when I'm taking in 20-30k/month worth of sales through it

                              It would be nice if Paxum wasn't so fucking quirky because I'll be needing to get setup with them soon...

                              Comment

                              • brassmonkey
                                Pay It Forward
                                • Sep 2005
                                • 77397

                                #16
                                Originally posted by AdultPornMasta
                                Paxum must comply with the identification and documentation requirements of the issuing credit card/ATM card companies which are set by USA law.

                                Get over it!

                                paypal payoneer dont ask you to take a picture of you holding your id. its total bullshit those two companies are 100 times bigger
                                TRUMP 2026 KEKAW!!! - The Laken Riley Act Is Law!
                                DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

                                Comment

                                • BAKO
                                  https://traffichaus.com/
                                  • Jul 2005
                                  • 18478

                                  #17
                                  Cry me a fucking river. I use Paxum all the time never had a single problem.
                                  Global Traffic Acquisition & Monetization
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                                  Comment

                                  • mafia_man
                                    Confirmed User
                                    • Jul 2005
                                    • 1965

                                    #18
                                    Originally posted by suesheboy
                                    Forget the Romanian bank issue.

                                    Let's just talk about what a pain in the ass they are to get your monies or accounts validated sometimes with multiple IDs and the like and there is no real way to speak to those who actually make things happen but their lackeys.

                                    Last year my mother, a former VP in a brokerage company here in the US died in July. She died with an airtight will and all accounts well laid for me and my father to handle.

                                    All the money overseas in Switzerland and Lichtenstein has created major hassles and some of the US credit card companies, banks and brokerage accounts have also been a pain but NOT ONE OF THESE PEOPLE HAVE ASKED FOR THE TYPE OF DOCUMENTATION PAXUM DEMANDS. NOT ONE...and we are dealing with far larger numbers than anyone would ever run through Paxum.

                                    Most of you using this service are under the age of 40 and I dare say don't think about what would happen to you and your money if you become incapacitated or die.

                                    If it is so hard for you to get your money....what would your family do in the event of such a tragedy? Do they have an "estate" department that you can speak to? Do they snail mail statements so that someone who does not know about your account would be alerted that the account exists in your passing?

                                    If you have a family with a wife, husband and even kids...this is what you should be considering.
                                    You must just show your face in the US to get a bank account. Here in the UK it's a utility bill and your passport to get your account and that was pre 9/11.

                                    If you are lucky then they just use the electoral roll to verify who you are. The only reason Paxum probably doesn't use this is because they don't have access to it.
                                    I'm out.

                                    Comment

                                    • CrocMint
                                      Confirmed User
                                      • Oct 2010
                                      • 227

                                      #19
                                      Online payment systems need to have stronger KYC, because people are opening accounts there online, not in person.

                                      That's why when you are opening account in most of foreign banks, you only need to show your travel passport and nothing else.

                                      And when accounts are opened online, banks, payment systems, online trading companies etc - are requiring more documents, scanned in good quality, notarized copies etc.. because when accts are opened online, there are much more chances of fraud to happen.

                                      And yes, keeping big amounts in any of online payment systems is stupid - they are not banks and are not intended for that. Withdraw and put to bank deposit, whats the problem...
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                                      Comment

                                      • nikki99
                                        Supermodel
                                        • Nov 2004
                                        • 23087

                                        #20
                                        Originally posted by Chris
                                        couple mad posters on a message board than allow someone with questionable documents into paxum and put everyone at risk.
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                                        • Sly
                                          Let's do some business!
                                          • Sep 2004
                                          • 31376

                                          #21
                                          Originally posted by CrocMint
                                          Online payment systems need to have stronger KYC, because people are opening accounts there online, not in person.

                                          That's why when you are opening account in most of foreign banks, you only need to show your travel passport and nothing else.

                                          And when accounts are opened online, banks, payment systems, online trading companies etc - are requiring more documents, scanned in good quality, notarized copies etc.. because when accts are opened online, there are much more chances of fraud to happen.

                                          And yes, keeping big amounts in any of online payment systems is stupid - they are not banks and are not intended for that. Withdraw and put to bank deposit, whats the problem...
                                          Four years ago I opened an account with ING. Never showed them my ID or special documents. I did the same that year with Vanguard.

                                          15 months ago I moved cross-country. Before moving, I created a local credit union account in Austin, Texas, completely online. The same credit union also gave me a home loan approval of a sizable sum, again completely online. I have yet to go into any of the local credit union establishments and I have not once shown them my ID or special documents, aside from tax returns when requesting a home loan approval.

                                          Granted, all of the institutions above had access to my credit report and I'm sure have access to a Social Security Number database.
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                                          • CrocMint
                                            Confirmed User
                                            • Oct 2010
                                            • 227

                                            #22
                                            Sly, you are in the US and I guess they were able to verify your identity well easily.

                                            Paxum works with clients in all kinds of countries, where they can't verify people very well, so they require a number of high quality scans and notarized translations -
                                            More chances that Photoshop masters will make some mistake while drawing fake docs and get burned :D

                                            I'm not advocating Paxum, I just know that all financial services that are opening accounts online and are working with international clients usually require same amount of documentation, or offer very limited accounts/access. Those who don't have strong KYC - they soon close due to fraud, or loose card license or something like that.
                                            Last edited by CrocMint; 01-06-2013, 02:30 PM.
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                                            Comment

                                            • Barefootsies
                                              Choice is an Illusion
                                              • Feb 2005
                                              • 42635

                                              #23
                                              Originally posted by Validus
                                              KYC (Know Your Customer) is important.
                                              All U.S. based banks do this now to comply with the Patriot Act. Nothing new there.

                                              While many of the non-U.S. folk on GFY have repeatedly complained over the years about having to I.D. themselves and send in docs and alike to the same programs they want to get paid from....and entrust their livelihoods too. Sadly, it's the way of the world circa 9-11.

                                              Your James Bond- tax evading days have come to an end.

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                                              Enough Said.

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                                              • AnimeFevers
                                                ♫ ♪ ♫ ♪ ▄ █ ▄ █ ▄ ▄ █ ▄ █
                                                • Apr 2009
                                                • 3566

                                                #24
                                                tg - @LJFreeza
                                                email - animefevers(AT)hotmail(DOT)co(DOT)uk

                                                Comment

                                                • Barefootsies
                                                  Choice is an Illusion
                                                  • Feb 2005
                                                  • 42635

                                                  #25
                                                  Originally posted by Sly
                                                  Four years ago I opened an account with ING. Never showed them my ID or special documents. I did the same that year with Vanguard.
                                                  Grab yourself a cookie champ. Most of the time it does not work like that, nor should it.

                                                  Should You Email Your Members?

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                                                  Enough Said.

                                                  "Would you rather live like a king for a year or like a prince forever?"

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                                                  • Barefootsies
                                                    Choice is an Illusion
                                                    • Feb 2005
                                                    • 42635

                                                    #26
                                                    Originally posted by CrocMint
                                                    I just know that all financial services that are opening accounts online and are working with international clients usually require same amount of documentation, or offer very limited accounts/access. Those who don't have strong KYC - they soon close due to fraud, or loose card license or something like that.
                                                    Correct.

                                                    Between the IRS and the Patriot Act stuff, the world governments (not just U.S.) are cracking down on this stuff for any number of reasons under the guise and fear of terrorism. It is more a less allowing them to know where every dime of your money is coming and going in the end. With 99% of the world not involved in terrorism.

                                                    "They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." - Benjamin Franklin
                                                    Should You Email Your Members?

                                                    Link1 | Link2 | Link3

                                                    Enough Said.

                                                    "Would you rather live like a king for a year or like a prince forever?"

                                                    Comment

                                                    • fitzmulti
                                                      I Like Depth Of Field!
                                                      • Jan 2003
                                                      • 14861

                                                      #27
                                                      1> Log into my Paxum account.
                                                      2> Transfer to my bank account.
                                                      3> The End.


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                                                      Comment

                                                      • Sly
                                                        Let's do some business!
                                                        • Sep 2004
                                                        • 31376

                                                        #28
                                                        Originally posted by Barefootsies
                                                        Grab yourself a cookie champ. Most of the time it does not work like that, nor should it.

                                                        "Most of the time", yet I did it with three different companies within three years. Two of them major companies.

                                                        What is your definition of "most", chief?
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                                                        • Barefootsies
                                                          Choice is an Illusion
                                                          • Feb 2005
                                                          • 42635

                                                          #29
                                                          Originally posted by Sly
                                                          "Most of the time", yet I did it with three different companies within three years. Two of them major companies.

                                                          What is your definition of "most", chief?
                                                          I didn't write the Patriot Act toots, nor am I the federal government. So save the know-it-all grand standing for the right folk, I could care less what you managed to pull off a few times. I doubt that constitutes as "law". Now go grab your cookie champ.

                                                          http://en.wikipedia.org/wiki/Know_your_customer

                                                          http://www.lyonslive.com/Resource-Ce...ookieSupport=1

                                                          https://www.db.com/en/content/kyc_aml_patriot_act.htm

                                                          ...and so on.

                                                          Last edited by Barefootsies; 01-06-2013, 02:45 PM.
                                                          Should You Email Your Members?

                                                          Link1 | Link2 | Link3

                                                          Enough Said.

                                                          "Would you rather live like a king for a year or like a prince forever?"

                                                          Comment

                                                          • DWB
                                                            Registered User
                                                            • Jul 2003
                                                            • 31779

                                                            #30
                                                            Not picking on any one company, but don't keep more money in these cards than you are willing to lose. Then you'll never be up shit creek if any of them pull an ePass on you.

                                                            Comment

                                                            • suesheboy
                                                              Confirmed User
                                                              • Nov 2002
                                                              • 5211

                                                              #31
                                                              You all off topic...How will they handle your beneficiary's and your assets if you are gone...?

                                                              Lets face facts, we are all of above average skills doing what we do and some of you have been having nightmares. Some of our spouses, kids and parents are not. How will they be able to navigate this crap?

                                                              I defy any of you to get my father to scan or photograph anything let alone open or send an email attachment. He can't do it if his life depended on it.

                                                              Do they have an estate department dedicated to this? What is the process? Do you have beneficiary's listed on your accounts?
                                                              Last edited by suesheboy; 01-06-2013, 03:04 PM.
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                                                              • brassmonkey
                                                                Pay It Forward
                                                                • Sep 2005
                                                                • 77397

                                                                #32
                                                                Originally posted by AnimeFevers
                                                                your being all humorous now
                                                                TRUMP 2026 KEKAW!!! - The Laken Riley Act Is Law!
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                                                                • Barefootsies
                                                                  Choice is an Illusion
                                                                  • Feb 2005
                                                                  • 42635

                                                                  #33
                                                                  Originally posted by suesheboy
                                                                  You all off topic...How will they handle your beneficiary's and your assets if you are gone...?

                                                                  Do they have an estate department dedicated to this? What is the process? Do you have beneficiary's listed on your accounts?
                                                                  1. You draw up a living will.
                                                                  2. Whomever you delegate as the executor of your estate would be given the power.

                                                                  That way, if you're dead, a vegetable on life support, or incapacitated, some loved one would have the power to make decisions and handle your business affairs. They would know where all of your personal and corporate docs are to provide in the case of an emergency.

                                                                  The short answer is, you talk to an attorney and organize your personal and business affairs. Problem solved ace.

                                                                  Should You Email Your Members?

                                                                  Link1 | Link2 | Link3

                                                                  Enough Said.

                                                                  "Would you rather live like a king for a year or like a prince forever?"

                                                                  Comment

                                                                  • 2MuchMark
                                                                    Mark of 2Much.net
                                                                    • Aug 2004
                                                                    • 50990

                                                                    #34
                                                                    Originally posted by brassmonkey
                                                                    paypal payoneer dont ask you to take a picture of you holding your id. its total bullshit those two companies are 100 times bigger
                                                                    They probably don't ask you this if your bank is in the Canada or US. From what I can tell, Suesheboy's banks are in Romania.



                                                                    Originally posted by suesheboy
                                                                    Forget the Romanian bank issue.

                                                                    Let's just talk about what a pain in the ass they are to get your monies or accounts validated sometimes with multiple IDs and the like and there is no real way to speak to those who actually make things happen but their lackeys.

                                                                    Last year my mother, a former VP in a brokerage company here in the US died in July. She died with an airtight will and all accounts well laid for me and my father to handle.

                                                                    All the money overseas in Switzerland and Lichtenstein has created major hassles and some of the US credit card companies, banks and brokerage accounts have also been a pain but NOT ONE OF THESE PEOPLE HAVE ASKED FOR THE TYPE OF DOCUMENTATION PAXUM DEMANDS. NOT ONE...and we are dealing with far larger numbers than anyone would ever run through Paxum.

                                                                    Most of you using this service are under the age of 40 and I dare say don't think about what would happen to you and your money if you become incapacitated or die.

                                                                    If it is so hard for you to get your money....what would your family do in the event of such a tragedy? Do they have an "estate" department that you can speak to? Do they snail mail statements so that someone who does not know about your account would be alerted that the account exists in your passing?

                                                                    If you have a family with a wife, husband and even kids...this is what you should be considering.

                                                                    Suesheboy,

                                                                    Look at it this way. You are in the adult industry which is itself, high risk. Next you are trying to do transactions which do not require signatures, which its itself high risk. Next, fraud is rampant on the Internet. It's everywhere, and everyone reading this thread has been the victim of fraud at least once if not many times. Id be their insurance company and underwriters know this... Companies like Paxum are prime targets for scammers.

                                                                    From my point of view, it looks like that all paxum wants to do is be 100000% sure of who they are dealing with. They don't hate our suspect you, they are just protecting their asses. This should be completely expected in today's world.

                                                                    The simple truth is this. If you want to work with any company, you have to play by their rules. They are setup for a reason, and their reasons are based on either years of experience, lots of research, or both. Perhaps their Insurance company is demanding this info too, who knows?

                                                                    Personally, Paxxum's insistence on sticking to their policies and making triple-sure of who they are dealing makes me trust them even more.

                                                                    Comment

                                                                    • suesheboy
                                                                      Confirmed User
                                                                      • Nov 2002
                                                                      • 5211

                                                                      #35
                                                                      Originally posted by Barefootsies
                                                                      1. You draw up a living will.
                                                                      2. Whomever you delegate as the executor of your estate would be given the power.

                                                                      That way, if you're dead, a vegetable on life support, or incapacitated, some loved one would have the power to make decisions and handle your business affairs. They would know where all of your personal and corporate docs are to provide in the case of an emergency.

                                                                      The short answer is, you talk to an attorney and organize your personal and business affairs. Problem solved ace.

                                                                      You miss the point. THEY will have a nightmare dealing with Paxum!
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                                                                      • AdultPornMasta
                                                                        Confirmed User
                                                                        • May 2012
                                                                        • 1506

                                                                        #36
                                                                        Originally posted by MarkPrince
                                                                        They probably don't ask you this if your bank is in the Canada or US. From what I can tell, Suesheboy's banks are in Romania.






                                                                        Suesheboy,

                                                                        Look at it this way. You are in the adult industry which is itself, high risk. Next you are trying to do transactions which do not require signatures, which its itself high risk. Next, fraud is rampant on the Internet. It's everywhere, and everyone reading this thread has been the victim of fraud at least once if not many times. Id be their insurance company and underwriters know this... Companies like Paxum are prime targets for scammers.

                                                                        From my point of view, it looks like that all paxum wants to do is be 100000% sure of who they are dealing with. They don't hate our suspect you, they are just protecting their asses. This should be completely expected in today's world.

                                                                        The simple truth is this. If you want to work with any company, you have to play by their rules. They are setup for a reason, and their reasons are based on either years of experience, lots of research, or both. Perhaps their Insurance company is demanding this info too, who knows?

                                                                        Personally, Paxxum's insistence on sticking to their policies and making triple-sure of who they are dealing makes me trust them even more.
                                                                        What you wrote!

                                                                        "The world is full of obvious things which nobody by any chance ever observes."

                                                                        Comment

                                                                        • Barefootsies
                                                                          Choice is an Illusion
                                                                          • Feb 2005
                                                                          • 42635

                                                                          #37
                                                                          Originally posted by suesheboy
                                                                          THEY will have a nightmare dealing with Paxum!
                                                                          So let me get this straight.

                                                                          You're worried that you will be hit by a bus, and that the executors of your estate will not know how to deal with Paxum, making copies of your I.D. and things of that nature? Wouldn't the lawyer handling your will have copies of all of these docs to help your family?

                                                                          Honestly, I think you're making a storm in a teacup of nothing but a bunch of hypothetical situations. If you have a living will, and lawyer, they should have copies of whatever you think is important docs and could assist your family members with any estate issues. Regardless of their internet competences.

                                                                          Should You Email Your Members?

                                                                          Link1 | Link2 | Link3

                                                                          Enough Said.

                                                                          "Would you rather live like a king for a year or like a prince forever?"

                                                                          Comment

                                                                          • FingerPrinter
                                                                            So Fucking Banned
                                                                            • Jun 2012
                                                                            • 269

                                                                            #38
                                                                            Originally posted by DWB
                                                                            Not picking on any one company, but don't keep more money in these cards than you are willing to lose. Then you'll never be up shit creek if any of them pull an ePass on you.
                                                                            Already said that 5 posts up

                                                                            Comment

                                                                            • BareBacked
                                                                              Confirmed User
                                                                              • Feb 2007
                                                                              • 3685

                                                                              #39
                                                                              Originally posted by MaDalton
                                                                              Money in Switzerland and Liechtenstein? The IRS thanks you for your thread ;)
                                                                              plenty of reasons to have money offshore that do not involve hiding it from the IRS
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                                                                              • BareBacked
                                                                                Confirmed User
                                                                                • Feb 2007
                                                                                • 3685

                                                                                #40
                                                                                Photo with your holding your ID? Reminds me of some of the stuff people do to 419 scams
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                                                                                • AllAboutCams
                                                                                  Femcams.com
                                                                                  • Jul 2011
                                                                                  • 12234

                                                                                  #41
                                                                                  Does paxum share our photo id with there bank?
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                                                                                  • facialfreak
                                                                                    Confirmed User
                                                                                    • Feb 2005
                                                                                    • 3018

                                                                                    #42
                                                                                    Originally posted by Barefootsies
                                                                                    I didn't write the Patriot Act toots, nor am I the federal government. So save the know-it-all grand standing for the right folk, I could care less what you managed to pull off a few times. I doubt that constitutes as "law". Now go grab your cookie champ.

                                                                                    http://en.wikipedia.org/wiki/Know_your_customer

                                                                                    http://www.lyonslive.com/Resource-Ce...ookieSupport=1

                                                                                    https://www.db.com/en/content/kyc_aml_patriot_act.htm

                                                                                    ...and so on.

                                                                                    I thought I was toots? I'm so confused now ....

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                                                                                    • Best-In-BC
                                                                                      Confirmed User
                                                                                      • Jun 2002
                                                                                      • 9511

                                                                                      #43
                                                                                      I Love Paxum, Just seems to be alot of whiners on here
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                                                                                      • suesheboy
                                                                                        Confirmed User
                                                                                        • Nov 2002
                                                                                        • 5211

                                                                                        #44
                                                                                        Originally posted by MarkPrince
                                                                                        Suesheboy's banks are in Romania.
                                                                                        All of my personal accounts and business accounts are here in the USA. Estate accounts are being moved here.

                                                                                        Originally posted by MarkPrince
                                                                                        fraud is rampant on the Internet. It's everywhere, and everyone reading this thread has been the victim of fraud at least once if not many times.
                                                                                        Never...unless you want to count a few affiliate programs closing shop and not paying or shaving.


                                                                                        Everyone reading this board will die and may become incapacitated. Do you want your family jumping through hoops Do you have your accounts spelled out when the right people know where they are? Do you have someone listed as a beneficiary on your accounts including Paxum?

                                                                                        I bet more than 90% of people on this board do not have their ducks lined up (things in place) for when the shit hits the fan.

                                                                                        If no one asks for your money when you are gone or it is made too hard to get it, they will be able to keep it. Do you want that to happen?

                                                                                        Does Paxum have an estate department and are the beneficiary's that you want on your Paxum account on there - or did they never ask?
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                                                                                        • Barefootsies
                                                                                          Choice is an Illusion
                                                                                          • Feb 2005
                                                                                          • 42635

                                                                                          #45
                                                                                          Originally posted by suesheboy
                                                                                          Does Paxum have an estate department and are the beneficiary's that you want on your Paxum account on there - or did they never ask?
                                                                                          I would hazard a guess most adult or mainstream affiliate programs do not have an "estate department", nor did ePass, or does Paxum. I'd take a guess neither does Paypal. I am sure they have a lawyer or a legal department who handles these special circumstances should they come up.

                                                                                          Paxum, or alike, is not going to work any differently than it would at a bank for your relatives where they are not on your account. If you have a living will, and have detailed out all of your accounts (affiliate programs, banks, paxum, etc.) they should be able to get access to all of them with the help of the lawyer. Assuming you have named an executor and it does not have to go to probate to define next of kin.

                                                                                          What this really comes down too is.... YOU need to detail out all of your affiliate programs, paypal, paxum or people you do business with and provide a copy to your lawyer. YOU need to set up a living will, and detail out all of this and name an executor of your estate. YOU would then make sure your lawyer is comfortable helping your family members should something happen to you, and have that also detailed in the will.

                                                                                          Should You Email Your Members?

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                                                                                          Enough Said.

                                                                                          "Would you rather live like a king for a year or like a prince forever?"

                                                                                          Comment

                                                                                          • Prasawet
                                                                                            Prasawet
                                                                                            • Nov 2009
                                                                                            • 65

                                                                                            #46
                                                                                            So far so good, Paxum did the job well.
                                                                                            Of course, we are all aware about past epass situation and keep eye on it all the time.

                                                                                            https://caldasesso.com/

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