So i am having trouble receiving a wire from a Sponser for an affiliate payout. So I go and signup for a Paxum Business Account (the only other payout method). I submit my ID, proof of address and Articles of Incorporation, the same documents I have supplied for every such payment processor.
Well guess what? Paxum writes back with this insanely long list of info (see below), most of which I do not have access to or can find easily nor do I feel like selling my first born so I can receive a fucking $600 payout. LOL
Seriously Paxum suck my balls! No wonder I see thread after thread on here about how much you suck. Check this insane list out:
For the verification of your account to be completed, we kindly ask you to provide the following information and documents:
1. An ID and a valid proof of address issued under your name (Issued in the last three months);
2. Proof of address for your company (different to the Business/Corporation Registration)
3. The list of shareholders along with the identity documents and address proofs of all the persons that have more than 10% of the shares;
4. The part of the Business/Corporation Registration that shows the directors of the company;
5. The ID documents and proof of address (Issued in the last three months) for the Directors. Upload this in Profile Settings >> Business Representatives>> Add Representative.
6. The part of the Business/Corporation Registration that shows the Legal Representatives;
7. The ID documents and proof of address (Issued in the last three months) for Legal Representatives; Upload this in Profile Settings >> Business Representatives>> Add Representative.
8. A document that shows your position in the company;
9. Source of Funds:
10. The Purpose of the business account (reason/services you will provide to your clients):
11. The Line of Business
12. Estimated Monthly Deposits:
13. Estimated Monthly Withdrawals:
14. As well as a few examples of the companies/users who will be paying you (receiving funds) through Paxum and of those to whom you will be sending funds:
Legit companies do not make you jump through these many hoops. I have applied for mortgages, car loans and personal loans that didn't require half of this nonsense.


