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Old 01-10-2018, 04:19 PM  
Klen
 
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Join Date: Aug 2006
Location: Little Vienna
Posts: 32,235
Quote:
Originally Posted by rowan View Post
Paxum are probably doing the best they can but as a middle-man they really have no control, since their entire business model relies on arrangements with a bunch of third parties, in a world with increasingly restrictive financial services regulations.

Whilst they're busy sucking one company's dick, another has Paxum's balls in a vice... and the govt regulator of country XYZ is lubing up a finger.

The fact that there's very little competition in the "Adult Paypal" space suggests it's not easy to do.

Thank you OP for relating your experience.
Fun fact: if you want to open e-wallet system in EU you need to pay 2.5 milions to regulator.
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