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Old 05-31-2022, 11:46 AM  
jimstones22
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Join Date: May 2017
Posts: 65
Quote:
Originally Posted by jimstones22 View Post
Looks like they're having some issues 'beyond their control'. At least that's what I understood from support. Usually I'm extremely content with Paxum's EFT withdrawals.

They would literally hit my bank account within 5 minutes with Trustly for the past 4-5 months or so. And before that within 24 hours through some other payment processor.

I made a withdrawal yesterday, so far no sign of it in my bank account.

I'm hopeful I still will receive it either today or on Monday after a small delay just like desertz1 did. Just sucks I have some urgent medical bills to take care of.

I'll provide an update once funds hit my bank account. But I guess every situation is different.
Quote:
Originally Posted by jimstones22 View Post
Well, that was quick. Funds just hit my account.

I had two more EFT withdrawals since this request. First one was processed within 24 hours. The second one was requested last Thursday and still not received 5 days later. Never before did I have to wait this long with Paxum.

I don't understand how withdrawals that were instant, meaning automatically approved, validated and deposited into your bank account within seconds, now all of a sudden are not instant anymore.

Yet still the same payment processor, TRUSTLY, is being used for EFT withdrawals in EU. Can anyone with a better knowledge of payment solutions, shed some light on the technicalities behind this?

Like what am I missing? What would the chain look like here?

Paxum -- > Trustly -- > Local Bank Account

or would there be another an additional party involved where the problems start?

Paxum -- > Intermediary -- > Trustly -- > Local Bank Account

Or does this have to do with max limits the payment partners allow?


It would help to understand what's causing the delay as I don't want to look for an alternative method. With support I don't come further than "it's out of our hands". I really hope this is not the new standard.

I sympathize with those waiting for weeks in this thread. Hope all gets solved soon.
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