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Old 10-15-2010, 02:56 AM  
PXN
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Join Date: Jun 2008
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Quote:
Originally Posted by Steve-Paxum View Post
Plus due to the recent Epassporte events, this should be another reason to use Paxum.
Don't mean to bust your balls but your so wrong. Due to recent Epass events, this is another reason not to send your money to another offshore bank. If we learn anything from epass this is it, plain and simple. I also did a due dilligence on all alternative and I found that by using an Choice Bank you are putting yourself at a larger risk. Choice offer card services to other company as well like paytoo.com, payoneer and who know how many more but like other offshore bank they also issue card to high-risk businesses, meaning that if one of these company that use Choice violated Visa/MC policy like gambling or whatever, the Bank will gone tumbling down even if it wasn't the fault of Paxum.

CashX on the other hand operate in at least 5 countries and issue card worldwide base on your geographical location I believe. Not to mention they been in biz about 4 years. Furthermore, their money are insured, so that if PimpRoll for example send in 20K to pay their affiliates and the bank go bust they are protected. So it understandably why they aren't willing to sign up with anyone yet as I'm sure they lost a lot from the Epass mess.

Granted, I'll give paxum the upper hand when it comes to card convenience although CashX is not that much of a difference. But I can say with certain down the road another card service will fail and when they do people will be scrambling again. The convenience of the card like max withdraw should not be anyone main concern. Their concern should be which card services is the SAFEST.

I don't have an issue with Paxum as people may think. I actually seriously consider signing up at one point until someone on this board introduce CashX. I just felt CashX is a SAFER alternative.
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