Thread: Paxum?
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Old 07-09-2020, 11:43 PM  
Adraco
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Wirecard AG and Wirecard Bank AG in Germany has had serious fraud discovered. A sister company, Wirecard Solutions Ltd UK, in the UK, got stopped - as a security measure from the governing body FCA.

The FCA wanted to make sure that Wirecard Solutions Ltd UK had their accounts and books in order, to allow them to continue to operate. This is the company which has printed and are behind the Paxum Mastercards (not to be confused or mixed up with the Union Pay version).

I do not know but it could be a possibility that one or more of Paxum’s wire details, for incoming funds, were directly or indirectly linked/connected to the bank version, Wirecard Bank AG in Germany. Since it got shut down, it would seem reasonable there would be delays in wiring money into Paxum to pay out to affiliates. I do not know if this has any bearing but on Gammae’s case above, but it is a fair guess based on the events.

See also the sticky thread here on top of the forum. That one is about the Wirecard debacle.
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