SO now you need two peaces of photo id with a signature on it for paxum ? - Page 2 - GoFuckYourself.com

Itchy · 07-12-2013, 01:39 PM

Quote:

Originally Posted by Best-In-BC

Listen up euro, cause only a euro would think we should have one. its $300 for a passporte and I can drive for a week without hitting a border, so please, there is no need for a Canadian to own one.

+ We can get a enhanced drivers license if were driving across the border into the states , so no need for a passport

candyflip · 07-12-2013, 01:43 PM

Quote:

Originally Posted by Itchy

+ We can get a enhanced drivers license if were driving across the border into the states , so no need for a passport

Same here for us close to the border who go into Canada regularly. It's like $25 to upgrade your license.

Best-In-BC · 07-12-2013, 02:16 PM

Quote:

Originally Posted by Itchy

+ We can get a enhanced drivers license if were driving across the border into the states , so no need for a passport

Yep, my next one will ahve that plus my card card

spiederman · 07-12-2013, 02:24 PM

epitome · 07-12-2013, 07:57 PM

Quote:

Originally Posted by RuthB

Paxum is a Canadian Incorporated Company. We were incorporated in the province of Quebec in 2007. This is a fact. Paxum is also registered as a company in various other countries, including Belize.

Paxum provides the Paxum prepaid Mastercard to all verified clients who wish to request one. The Paxum prepaid Mastercard is provided through our relationship with Choice Bank of Belize. Hence, since we issue our cards from Belize, we need to mention that in our Terms.

This information has been clearly stated from the beginning when we were repeatedly asked our location and where everything was based. This has NOT changed.

The only thing that has changed recently is that Choice bank has now changed their rules and will not authorize a Paxum prepaid Mastercard with just a drivers license. We are in negotiations with them to reverse this rule, but unfortunately such things take time. As a result, in the interim, in order to provide new Paxum cards to our clients, we must continue to abide by the rules laid out by Choice Bank and request the appropriate identification.

If you do not wish to have a Paxum Mastercard then you do not need to provide any documentation beyond the regular documentation we request for account verification (namely a picture ID and proof of address, and a DL is still acceptable as primary ID for account verification with Paxum). Paxum has ALWAYS provided alternative withdrawal methods such as wire, check, EFT, and to an already existing credit card besides the option of the Paxum Mastercard.

Anyone knowing anything about IBCs knows this is a crock of shit. A Canadian judge cannot compel shit in Belize.

Also, it says wallet funds, too. The service launched bragging about keeping wallet money safe and sound in Canada.

By the terms people have to agree to, Belize is all that matters, no matter where else you may have a mail drop.

Why aren't the Canadian corporate details listed anymore? Or any of the other jurisdictions?

AdultKing · 07-12-2013, 10:03 PM

Ruth, I'd appreciate an answer to the question I asked on the previous page, that is what ID is required now for Australians ?

Secondly, when any of us here deal with Paxum is our LEGAL AGREEMENT governed by the Paxum that exists in Canada or the Paxum that exists in Romania or the Paxum that exists in Belize ?

It seems to me that Paxum is being deliberately tricky with words when describing the progeny of this company.

As Epitome quite rightly pointed out the Terms on the website don't refer to Canada at all, so it's probably safe to say Canada is little more than an empty serviced office and mail drop, would I be close to the mark thinking that ?

Also, here's another question - in which jurisdiction(s) are all of our personal ID's kept and examined ? Are they accessed by people in Belize, Canada, Romania or where ? We certainly have a right to know this.

baggg · 07-12-2013, 10:54 PM

Quote:

Originally Posted by Best-In-BC

Listen up euro, cause only a euro would think we should have one. its $300 for a passporte and I can drive for a week without hitting a border, so please, there is no need for a Canadian to own one.

There are no borders in Europe...you can drive days without being stoped.Maybe leaving your village sometimes is not so bad idea,there is more out there than mcdonalds

baddog · 07-12-2013, 11:13 PM

Quote:

Originally Posted by baggg

There are no borders in Europe...you can drive days without being stoped.Maybe leaving your village sometimes is not so bad idea,there is more out there than mcdonalds

Days? Days is nothing; I would feel trapped, like on an island.

waltgator · 07-13-2013, 10:54 AM

paxum sucks, applied, sent all paperwork, ids,, forms etc..just to help & offer different forms of payment for affiliates...still nothing...PAXUM sucks

robwod · 07-13-2013, 12:17 PM

Quote:

Originally Posted by AdultKing

Secondly, when any of us here deal with Paxum is our LEGAL AGREEMENT governed by the Paxum that exists in Canada or the Paxum that exists in Romania or the Paxum that exists in Belize ?

Also, here's another question - in which jurisdiction(s) are all of our personal ID's kept and examined ? Are they accessed by people in Belize, Canada, Romania or where ? We certainly have a right to know this.

I am really curious to know this as well. After ePassporte, the only reason I even considered Paxum was that it was touted as being governed by the Canadian Bank regulations with respect your wallet funds, and effectively, you were assigned a registered Canadian Bank account.

I would very much like to know what laws govern the wallet funds and if wallet funds are stored and governed under Canadian Regulations as was originally described.

Best-In-BC · 07-13-2013, 12:32 PM

Quote:

Originally Posted by robwod

I am really curious to know this as well. After ePassporte, the only reason I even considered Paxum was that it was touted as being governed by the Canadian Bank regulations with respect your wallet funds, and effectively, you were assigned a registered Canadian Bank account.

I would very much like to know what laws govern the wallet funds and if wallet funds are stored and governed under Canadian Regulations as was originally described.

good question

georgeyw · 07-13-2013, 02:37 PM

Quote:

Originally Posted by Best-In-BC

Listen up euro, cause only a euro would think we should have one. its $300 for a passporte and I can drive for a week without hitting a border, so please, there is no need for a Canadian to own one.

I am Australian and guess what, I can drive for a week and have driven from East coast to the West Coast, North to South. I've also managed to get the fuck out of my country numerous times to EXPLORE the world a little. Wish I had the opportunity to do far far far more of it (one day hopefully).

Quote:

Originally Posted by MaDalton

lol, you dont need a passport in most european countries since there are no borders anymore. i can drive through 10-15 countries without being stopped once

but in all countries besides England photo IDs are mandatory (i think) - but not passports

and georgeyw is from australia - not really a small country either

but the point is: travelling broadens your personal horizon, something a lot of people on here would desperately need

Bang on MaDalton!! Remove the blinkers and experience something new. I'd travel all year round if I had the funds for it. Love to wander about looking at different places and people.

Dankasaur · 07-13-2013, 02:46 PM

Quote:

Originally Posted by georgeyw

I am Australian and guess what, I can drive for a week and have driven from East coast to the West Coast, North to South. I've also managed to get the fuck out of my country numerous times to EXPLORE the world a little. Wish I had the opportunity to do far far far more of it (one day hopefully).

Who needs to travel when I can just use Google Earth?

epitome · 07-13-2013, 03:42 PM

Quote:

Originally Posted by robwod

I am really curious to know this as well. After ePassporte, the only reason I even considered Paxum was that it was touted as being governed by the Canadian Bank regulations with respect your wallet funds, and effectively, you were assigned a registered Canadian Bank account.

I would very much like to know what laws govern the wallet funds and if wallet funds are stored and governed under Canadian Regulations as was originally described.

AFAIK I know, them being a registered money service business in Canada means nothing if you're loading your funds in Romania and elsewhere.

Another thing that has always puzzled me is the most visible people in the company are remote workers. That's fine and dandy since they supposedly can't see our account information, but why is it when you open a ticket, the people that can see your information seem to speak English as a second language (that is being generous)? Where is the office where all of these people are located? Surely to calm users they will upload a photo of the office with a huge Paxum banner on the wall since they use them at shows and should have quite a few.

After Epass all people want is the truth. Should have just been honest and said we've reorganized our business rather than feeding transparent lies.

~Ray · 07-13-2013, 04:13 PM

my mastercard balance is frozen until I get a new card.. but, I only have a DL and cannot get a new card. There is no option to transfer the expired MC balance to my wallet once your card expires.

AllAboutCams · 07-13-2013, 04:25 PM

So because i only have my DL and changes this year is my account going to be frozen?

AllAboutCams · 07-13-2013, 04:32 PM

Quote:

Originally Posted by AdultKing

Ruth, I'd appreciate an answer to the question I asked on the previous page, that is what ID is required now for Australians ?

Secondly, when any of us here deal with Paxum is our LEGAL AGREEMENT governed by the Paxum that exists in Canada or the Paxum that exists in Romania or the Paxum that exists in Belize ?

It seems to me that Paxum is being deliberately tricky with words when describing the progeny of this company.

As Epitome quite rightly pointed out the Terms on the website don't refer to Canada at all, so it's probably safe to say Canada is little more than an empty serviced office and mail drop, would I be close to the mark thinking that ?

Also, here's another question - in which jurisdiction(s) are all of our personal ID's kept and examined ? Are they accessed by people in Belize, Canada, Romania or where ? We certainly have a right to know this.

I asked before and wherever the MasterCard is located that's where our details are sent Belize or Romania i can not remember.

AdultKing · 07-14-2013, 06:40 AM

bump for answers

AdultKing · 07-14-2013, 09:48 PM

waiting for Ruth to come up with some answers

Flavaworks · 07-14-2013, 09:57 PM

Quote:

Originally Posted by Best-In-BC

SO now you need two peaces of photo id with a signature on it for paxum ? My country only gives out one unless you have a passporte which I Dont. They should know this since im part of the same country. All for a replacement card.

yeah kinda sucks

oppoten · 07-14-2013, 10:05 PM

I also don't have any photo ID. Stupidly I put money in Paxum, thinking I could verify and claim it later. I now know that there's zero chance of that.

Just take the money Ruth, it's yours. Take it now.

epitome · 07-14-2013, 10:40 PM

Is anyone else alarmed that Paxum's bank(s) require them to get more data on users than any other company in the space? Them being under such scrutiny by their banking partner(s) sure isn't a sign of confidence.

The one philosophical problem I've always had about Paxum is that it is owned by a penis pill company. Penis pills are bogus (at least according to Mayo Clinic... and well, everyone not selling penis pills), which means you have to straight up lie to your customers. I always take this into consideration when any statements are made.

The silence sure isn't helping. I know it's the weekend, but if it were any other thread, especially a thread of praise, they'd be all over it.

AllAboutCams · 07-15-2013, 05:37 AM

Can i get an answer

AdultKing · 07-15-2013, 08:03 AM

This isn't going away, so someone from Paxum should come in here and answer the questions of everyone who has asked them.

Best-In-BC · 07-15-2013, 08:07 AM

Update: My Firearms License wasnt scanned in good enough apparently, ill have to place a white peace of paper behind it so it scans alot more than just the card.

Best-In-BC · 07-15-2013, 08:08 AM

Quote:

Originally Posted by epitome

Them being under such scrutiny by their banking partner(s) sure isn't a sign of confidence.

A Titsburgh Feeler · 07-15-2013, 10:32 AM

Shall I point everyone to this thread where I questioned their licensing. I bet these changes tie into that.

gfy.com/showthread.php?t=1076707

Seems as though they pulled their sponsorship from the upcoming WMA show in September being listed on the site as the Meet Market sponsor...

AVN Roy · 07-15-2013, 10:51 AM

Just to clarify, Paxum did not commit to the meet market, They have been supporters and sponsors to our show for the past few years and this was put up by mistake by our designers, They will be sponsoring again this year and should be added back to the site in the next few days.

RuthB · 07-15-2013, 11:03 AM

As stated on a number of occasions, Paxum is a Canadian company. It has been verified time and again. We operate by Canadian standards. We have been audited externally on several occasions as part of our bank agreements, and FINTRAC has also verified the way we work.

As part of our operations we have several accounts across the world registered in one or the other of the jurisdictions where we are registered. We understand some people's concerns about our service, and ironically, people who have accounts with us trust us and are happy with our service, whereas those who do not work with us keep on complaining. It is honestly pointless to continue asking the same questions to which the answers have already been provided, and expecting a different answer.

Regarding the drivers license issue, anyone that thinks we are under scrutiny is way off. Of all companies offering a similar service, we are the ones that work by the book. We do not have compliance issues, and never will. We know it's a pain for some to sign up, and we are working on making that easier even if at first glance it's worse.

According to Belize law, a driver's license is not considered an official document, and is unacceptable. Until recently Choice bank has accepted Drivers Licenses and so we have allowed it as well. However, the bank realized that it is exposed in this manner, and has decided to reject all driver's licenses.

Technically, all Belize programs should obey this rule going forward.

Magnetron · 07-15-2013, 02:50 PM

RuthB,

If I live in the United States and make a withdrawal in the form of a check, will I have to pay my bank additional fees to cash it or deposit it into my personal checking account because it was issued from a Canadian company?

RuthB · 07-15-2013, 02:59 PM

Quote:

Originally Posted by Magnetron

RuthB,

If I live in the United States and make a withdrawal in the form of a check, will I have to pay my bank additional fees to cash it or deposit it into my personal checking account because it was issued from a Canadian company?

Hi Magnetron,

When you request a check withdrawal from Paxum we issue the check in USD. Therefore, you should have absolutely no problem cashing it in your US checking account.

Thanks,
Ruth

Magnetron · 07-15-2013, 06:52 PM

Quote:

Originally Posted by RuthB

Hi Magnetron,

When you request a check withdrawal from Paxum we issue the check in USD. Therefore, you should have absolutely no problem cashing it in your US checking account.

Thanks,
Ruth

That's great news. Some of us appreciate a simple, hassle free way of sending and receiving funds. Thanks, Ruth.

AllAboutCams · 07-15-2013, 06:58 PM

Fucking brilliant

so the last email i got from you guys saying i have to pay fees for this year and my dl expires soon i wont be able to use it but your still going to charge me

24/7 Blogging Crew · 07-15-2013, 06:58 PM

i've never had any of these problems...

AdultKing · 07-15-2013, 07:02 PM

Ruth failed to answer my questions, so I am going to ask them again.

By the way Ruth, it's disingenuous to suggest that the people asking questions don't have accounts with Paxum when in fact they do - I amongst them. I don't like the suggestion that as customers we have no right to know about the service we are using.

1. What ID is acceptable from Australians ?

2. The agreement / terms of service on the website refers to Paxum Belize. In that case under what jurisdiction are accounts governed ? Canada or Belize or Romania or a combination of all three ?

3. If the accounts of account holders are governed by Canadian law then why isn't Canada mentioned on the terms of service ?

4. In what jurisdictions are the copies of everyone's ID's and documents held and examined ?

Please answer these questions, the fact that you haven't so far is alarming, the fact that you have chosen to suggest those people asking them don't have accounts with Paxum is bordering on outright lies - so don't think that lying is the way to resolve these questions, be up front and answer them.

AdultKing · 07-15-2013, 07:22 PM

Let's be clear on Jurisdiction - the normal terms (not the card terms) say this:

Quote:

7. JURISDICTION
Should a disagreement or conflict arise, that could not be resolved through negotiations within reasonable delay, all disputes, controversy or claims arising out of or in connection with or in relation to this Agreement, including but not limited to any question regarding its existence, validity, interpretation, performance, enforcement or termination, shall be submitted to and be subject to the jurisdiction of the courts of Belize which shall have sole exclusive jurisdiction in the event of any dispute under this Agreement. The parties irrevocably submit and attorn to the jurisdiction of such courts to finally adjudicate or determine any suit, action or proceedings arising out of or in connection with this Agreement. Paxum Inc, a duly incorporated Belize company with its headquarters located at Blake Building, Eyre Hutson St Suite 102, Ground Floor, Belize City, Belize is the sole beneficiary of the E-Wallet and card operations.

Yet Ruth (who is beginning to look dishonest in my opinion) claims everything is covered by the Canadian authorities. If that is so why isn't Canada mentioned in the standard terms and conditions ?

epitome · 07-15-2013, 11:39 PM

Quote:

Originally Posted by AdultKing

Let's be clear on Jurisdiction - the normal terms (not the card terms) say this:

Yet Ruth (who is beginning to look dishonest in my opinion) claims everything is covered by the Canadian authorities. If that is so why isn't Canada mentioned in the standard terms and conditions ?

One must wonder if there are any potential legal or criminal repercussions for taking someone's money when they entrust it to you in one jurisdiction and you move it to another without their consent.

For instance, when I was a property manager, I could not take rent escrow funds and decide to send them offshore one day. Tenants would have had my ass in court so fast and I'm sure some government agencies would have been looking into me as well, as they were not my funds to decide to do that with.

We've always known, and consented to the fact that when you move the money to your card it goes offshore to fund it. That was never the case with wallet funds and they made no advance announcement that they were moving peoples funds to another jurisdiction, governed by different laws than all parties previously mutually agreed to.

Of course, it's impossible to get a straight answer out of them of where wallet funds are.

The other day I was reading about how Belize is a favorite money destination for ponzi schemers due to how incredibly hard it is to get your money back, even in cases of clear fraud. Not saying Paxum is a ponzi scheme, but it is alarming that wallet funds could be held in an account where it would almost be impossible to get you money back out of -- even from the courts.

This should be Paxum's new logo and their slogan should be "Where is your money today?™"

x-rate · 07-16-2013, 07:47 AM

Guys if you are not happy about having a card from Belize just get yourself a bank account where you live and ask to be paid by check or wire. You can also use Payoneer.... ah sorry they use the same bank forget about it.

I live in Canada and I have a business bank account which I can deposit 5k USD per day without any hold no matter where's the check is come from. They don't charge me extra if the check is from Canada, USA, Europe etc....

I probably have the best BUSINESS relationship with my bank (and I don't even know personally anybody that work there) from all people that I know and guys I can tell you this:

Nobody in 2013 can walk into a canadian bank and say: Hey I would like to open a company that will issue Mastercard or Visa Card to anybody in the world that will send me some ID scanned and that I will probably NEVER meet in person and they will be able to exchange money between themself. Also most of the business will be comming from the adult industry.

Now if 1 person here from Canada know one of thoses banks here that will allow it I'm sure paxum staff will be happy to meet them but I know it's impossible. I know lot of people into the check cashing business and just for that it's a headache to open a bank account in Canada so walking in a bank and say: 'mastercard, adult industry, exchanging money and not meeting clients face to face' you are out!

If guys are not comfortable with a sponsor what you do? Switch to another one? Well if you don't like Paxum terms to do business with them switch to something else... that's it... and if you can't afford waiting a check in the mail for 1-2 week and a hold switch to wire and if you don't make enough to get a wire well you are not doing business but it's just a sideline for you!

AllAboutCams · 07-16-2013, 10:26 AM

Thanks to RuthB
Got it all sorted for me awesome support

Fat Panda · 07-16-2013, 11:19 AM

How fucking sickening.

Pure lies

oppoten · 07-16-2013, 11:36 AM

Quote:

Originally Posted by AllAboutCams

Thanks to RuthB
Got it all sorted for me awesome support

epitome · 07-16-2013, 10:35 PM

Quote:

Originally Posted by x-rate

Guys if you are not happy about having a card from Belize just get yourself a bank account where you live and ask to be paid by check or wire. You can also use Payoneer.... ah sorry they use the same bank forget about it.

I live in Canada and I have a business bank account which I can deposit 5k USD per day without any hold no matter where's the check is come from. They don't charge me extra if the check is from Canada, USA, Europe etc....

I probably have the best BUSINESS relationship with my bank (and I don't even know personally anybody that work there) from all people that I know and guys I can tell you this:

Nobody in 2013 can walk into a canadian bank and say: Hey I would like to open a company that will issue Mastercard or Visa Card to anybody in the world that will send me some ID scanned and that I will probably NEVER meet in person and they will be able to exchange money between themself. Also most of the business will be comming from the adult industry.

Now if 1 person here from Canada know one of thoses banks here that will allow it I'm sure paxum staff will be happy to meet them but I know it's impossible. I know lot of people into the check cashing business and just for that it's a headache to open a bank account in Canada so walking in a bank and say: 'mastercard, adult industry, exchanging money and not meeting clients face to face' you are out!

If guys are not comfortable with a sponsor what you do? Switch to another one? Well if you don't like Paxum terms to do business with them switch to something else... that's it... and if you can't afford waiting a check in the mail for 1-2 week and a hold switch to wire and if you don't make enough to get a wire well you are not doing business but it's just a sideline for you!

Thank you for your completely off topic rant.

The question isn't about the cards, but wallet funds, which were previously held in Canada. They even boast of being a regulated money services business in Canada, but not their official HQ is Belize and wallet funds are held god knows where. If you go by their terms, it is Belize.

So you talk about how great Canada is and the point is everyone thought their wallet funds were held there.

In fact, one of the selling points after Epass was keep your wallet funds safe is Canada and only transfer what you need to your card if uncomfortable.

BTW, the card bank did no wrong in Epass. People got their money. Mallick made off with the wallet funds, which were held offshore and not in a first world country.

Get the difference now?

halfpint · 07-17-2013, 12:32 AM

Quote:

Originally Posted by RuthB

The US and Canada are an exception as these countries don't have a national ID provided as standard issue to citizens. For example, everyone in Europe does.

I dont know where you are getting that info from that everyone in Europe have a national ID provided because we dont

Crazy Enough · 07-17-2013, 12:43 AM

Here in Brazil we have several kinds of IDs, but all of them are valid in Brazil only.

The only international ID we have is the passport.

So that's why they request the passport - because it is the only "legal and valid everywhere" ID you can have. The others are just valid inside your country.

Yes, it is expensive and a pain in the ass to make a passport here, but I did because it's a must for us as international webmasters, plus I'll need to travel soon.

x-rate · 07-17-2013, 05:11 AM

Quote:

Originally Posted by epitome

The question isn't about the cards, but wallet funds, which were previously held in Canada. They even boast of being a regulated money services business in Canada, but not their official HQ is Belize and wallet funds are held god knows where. If you go by their terms, it is Belize.

There's a BIG difference between being a regulated money service business and be a company under the Canada Deposit Insurance Corportation:
http://www.cdic.ca/home/Pages/default.aspx

and EVEN if they would be under it your money would not be covered because:
http://www.cdic.ca/Coverage/Pages/default.aspx

CDIC does NOT insure any accounts or products in U.S. dollars or other foreign currency.

CDIC does NOT insure any accounts or products held in banks or other institutions that are NOT CDIC members.

Even if the wallet money is held in Canada or not in my personal opinion there's would be no difference at all because in no way your money would have been protected. It's bring back to my initial post that you figured it was off topic and the main idea of it was if you don't feel comfortable to do business with somebody find somebody else that's it!

Get the difference now?

Struggle4Bucks · 07-17-2013, 05:30 AM

Quote:

Originally Posted by Dankasaur

I have an ID/Drivers License but I do not have a passport. I have never left the US, I have never needed a passport.

Now I understand why there are American flags on every corner of the street...

So you guys know when to pull your pasport OR turn around when the flags are gone...

AdultKing · 07-17-2013, 05:38 AM

I'm still waiting for an answer to my questions.

Dankasaur · 07-17-2013, 07:55 AM

Quote:

Originally Posted by Struggle4Bucks

Now I understand why there are American flags on every corner of the street...

So you guys know when to pull your pasport OR turn around when the flags are gone...

That doesn't make any sense, stop being ignorant.

epitome · 07-18-2013, 06:25 PM

Quote:

Originally Posted by x-rate

There's a BIG difference between being a regulated money service business and be a company under the Canada Deposit Insurance Corportation:
http://www.cdic.ca/home/Pages/default.aspx

and EVEN if they would be under it your money would not be covered because:
http://www.cdic.ca/Coverage/Pages/default.aspx

CDIC does NOT insure any accounts or products in U.S. dollars or other foreign currency.

CDIC does NOT insure any accounts or products held in banks or other institutions that are NOT CDIC members.

Even if the wallet money is held in Canada or not in my personal opinion there's would be no difference at all because in no way your money would have been protected. It's bring back to my initial post that you figured it was off topic and the main idea of it was if you don't feel comfortable to do business with somebody find somebody else that's it!

Get the difference now?

Who said anything about money being insured?

You're all over the place trying to be right while still missing the point.

Let me pose it this way... a company with a Canadian owner makes off with your funds that you entrusted with him in Canada. Pretty easy lawsuit, right?

A guy opens a company in Belize (that could have nominee shareholders and directors) that makes it owned a Belize trust (that could also be secretive), where he is the beneficiary. He runs off with your money. Guess what happens? You might get it back if you're very lucky and feel like spending a shit load of money to possibly get nowhere due to the strength of Belize trusts.

Just for shits and giggles, this is directly from the website of Choice Bank:

http://choicebankltd.com/about/whybelize.php

Quote:

Belize has become a premier jurisdiction for asset protection trusts thanks to the Trust Act of 1992. It is one of only a few trust jurisdictions in the world that can offer protection from court action initiated by creditors that might challenge your transfer of property into a trust. The asset of a Belizean trust cannot be attached to satisfy the judgement of a foreign court. A Belizean trust can be established for any person or a combination of people, charitable or non-charitable. In addition to asset protection, it also has the added benefits of privacy, flexibility, tax benefits, and inheritance protection.

Never mind that you're completely ignoring that the company is clearly lying about one or more things.

x-rate · 07-18-2013, 07:08 PM

Quote:

Originally Posted by epitome

Who said anything about money being insured?

You're all over the place trying to be right while still missing the point.

Let me pose it this way... a company with a Canadian owner makes off with your funds that you entrusted with him in Canada. Pretty easy lawsuit, right?

A guy opens a company in Belize (that could have nominee shareholders and directors) that makes it owned a Belize trust (that could also be secretive), where he is the beneficiary. He runs off with your money. Guess what happens? You might get it back if you're very lucky and feel like spending a shit load of money to possibly get nowhere due to the strength of Belize trusts.

Just for shits and giggles, this is directly from the website of Choice Bank:

http://choicebankltd.com/about/whybelize.php

Never mind that you're completely ignoring that the company is clearly lying about one or more things.

What's would stop the owner in Canada walk to the Canadian bank and send wires transferts to 1 or many companies he created out of the country (let's say belize, HK, panama, etc...) then just close the business? What would stop them to do so? Even if you entrusted the money in Canada with a Canadian and you want sue him and he have no asset in Canada you will have a nice judgement (probably by default) and gonna do what? You think that someone who want do it gonna have asset under his name when he gonna pull the plug?

If they are lying about the Canadian-Belize thing it's a different story... It's obvious to me that if the card are issued in Belize (mean the transactions are done over there) it's should be the belize law that should apply like it's probably same with payoneer. Of course it's look fishy that they don't want answer your questions about it directly in this thread.

In my opinion I think that when they say their operation are covered by Canadian authorities it's the % of operation that are done from here. Which is in a certain way 'ok' because they could have done all that setup and not notify them. Look like they 'played with the words' into their marketing and that is not a good thing. I think that they should make a clear statement that yes Paxum is partly operated from Canada but if there's any legal dispute it should be done with the incorporation based in Belize.

07-12-2013, 02:24 PM	#54
spiederman Confirmed User Industry Role: Join Date: Nov 2012 Posts: 1,216	__________________ xcams-partners: up to €200 PPS\|crakrevenue: Promote MyFreecams @ crakrevenue\|Plugrush: Buy and sell your traffic icq# 610-522-509 <---- dont add me for crap i DON'T ask for isliveHD\| Latex tube\|Androidcams\|ipadcams

07-13-2013, 10:54 AM	#59
waltgator Confirmed User Industry Role: Join Date: May 2011 Location: tweak-ville, U.S.A. Posts: 1,369	paxum sucks, applied, sent all paperwork, ids,, forms etc..just to help & offer different forms of payment for affiliates...still nothing...PAXUM sucks __________________ http://behindtheclit.com ICQ 448280936

07-13-2013, 04:13 PM	#65
~Ray visit hardlinks.org Industry Role: Join Date: Jun 2003 Location: Las Vegas , Nv >>> [email protected] or icq 94994627 anytime Posts: 18,362	my mastercard balance is frozen until I get a new card.. but, I only have a DL and cannot get a new card. There is no option to transfer the expired MC balance to my wallet once your card expires. __________________ Adult Backlinks for Adult Websites - Testimonials Available

07-13-2013, 04:25 PM	#66
AllAboutCams Femcams.com Industry Role: Join Date: Jul 2011 Location: bjcam.com Posts: 12,223	So because i only have my DL and changes this year is my account going to be frozen? __________________ Binance - Blockchain and Crypto Asset Exchange Chaturbate make money in cams

07-15-2013, 05:37 AM	#73
AllAboutCams Femcams.com Industry Role: Join Date: Jul 2011 Location: bjcam.com Posts: 12,223	Can i get an answer __________________ Binance - Blockchain and Crypto Asset Exchange Chaturbate make money in cams

07-12-2013, 10:03 PM	#56
AdultKing Raise Your Weapon Industry Role: Join Date: Jun 2003 Location: Outback Australia Posts: 15,601	Ruth, I'd appreciate an answer to the question I asked on the previous page, that is what ID is required now for Australians ? Secondly, when any of us here deal with Paxum is our LEGAL AGREEMENT governed by the Paxum that exists in Canada or the Paxum that exists in Romania or the Paxum that exists in Belize ? It seems to me that Paxum is being deliberately tricky with words when describing the progeny of this company. As Epitome quite rightly pointed out the Terms on the website don't refer to Canada at all, so it's probably safe to say Canada is little more than an empty serviced office and mail drop, would I be close to the mark thinking that ? Also, here's another question - in which jurisdiction(s) are all of our personal ID's kept and examined ? Are they accessed by people in Belize, Canada, Romania or where ? We certainly have a right to know this.

07-14-2013, 06:40 AM	#68
AdultKing Raise Your Weapon Industry Role: Join Date: Jun 2003 Location: Outback Australia Posts: 15,601	bump for answers

07-14-2013, 09:48 PM	#69
AdultKing Raise Your Weapon Industry Role: Join Date: Jun 2003 Location: Outback Australia Posts: 15,601	waiting for Ruth to come up with some answers

07-14-2013, 10:05 PM	#71
oppoten NAME THE JEW Industry Role: Join Date: Nov 2007 Posts: 4,793	I also don't have any photo ID. Stupidly I put money in Paxum, thinking I could verify and claim it later. I now know that there's zero chance of that. Just take the money Ruth, it's yours. Take it now.

07-14-2013, 10:40 PM	#72
epitome So Fucking Lame Industry Role: Join Date: Jun 2009 Location: St. Petersburg, FL Posts: 12,156	Is anyone else alarmed that Paxum's bank(s) require them to get more data on users than any other company in the space? Them being under such scrutiny by their banking partner(s) sure isn't a sign of confidence. The one philosophical problem I've always had about Paxum is that it is owned by a penis pill company. Penis pills are bogus (at least according to Mayo Clinic... and well, everyone not selling penis pills), which means you have to straight up lie to your customers. I always take this into consideration when any statements are made. The silence sure isn't helping. I know it's the weekend, but if it were any other thread, especially a thread of praise, they'd be all over it.

07-15-2013, 08:03 AM	#74
AdultKing Raise Your Weapon Industry Role: Join Date: Jun 2003 Location: Outback Australia Posts: 15,601	This isn't going away, so someone from Paxum should come in here and answer the questions of everyone who has asked them.

07-15-2013, 08:07 AM	#75
Best-In-BC Confirmed User Join Date: Jun 2002 Posts: 9,506	Update: My Firearms License wasnt scanned in good enough apparently, ill have to place a white peace of paper behind it so it scans alot more than just the card. __________________ Vacares - Web Hosting, Domains, O365, Security & More Unparked domains burning a hole in your pocket? 5 Simple Ways to Make Easy $$$ from Unused Domains

07-15-2013, 10:32 AM	#77
A Titsburgh Feeler Registered User Industry Role: Join Date: Jun 2012 Location: Europe Posts: 33	Shall I point everyone to this thread where I questioned their licensing. I bet these changes tie into that. gfy.com/showthread.php?t=1076707 Seems as though they pulled their sponsorship from the upcoming WMA show in September being listed on the site as the Meet Market sponsor...

07-15-2013, 10:51 AM	#78
AVN Roy Registered User Industry Role: Join Date: Nov 2011 Posts: 92	Paxum and Meet Market Just to clarify, Paxum did not commit to the meet market, They have been supporters and sponsors to our show for the past few years and this was put up by mistake by our designers, They will be sponsoring again this year and should be added back to the site in the next few days. __________________ For advertising rates or sponsorships please hit me up [email protected] ICQ 630232149 Skype Roy.Salter1

07-15-2013, 11:03 AM	#79
RuthB Let's Get Paxumized! Industry Role: Join Date: May 2005 Location: Vancouver, Canada Posts: 7,247	As stated on a number of occasions, Paxum is a Canadian company. It has been verified time and again. We operate by Canadian standards. We have been audited externally on several occasions as part of our bank agreements, and FINTRAC has also verified the way we work. As part of our operations we have several accounts across the world registered in one or the other of the jurisdictions where we are registered. We understand some people's concerns about our service, and ironically, people who have accounts with us trust us and are happy with our service, whereas those who do not work with us keep on complaining. It is honestly pointless to continue asking the same questions to which the answers have already been provided, and expecting a different answer. Regarding the drivers license issue, anyone that thinks we are under scrutiny is way off. Of all companies offering a similar service, we are the ones that work by the book. We do not have compliance issues, and never will. We know it's a pain for some to sign up, and we are working on making that easier even if at first glance it's worse. According to Belize law, a driver's license is not considered an official document, and is unacceptable. Until recently Choice bank has accepted Drivers Licenses and so we have allowed it as well. However, the bank realized that it is exposed in this manner, and has decided to reject all driver's licenses. Technically, all Belize programs should obey this rule going forward. __________________ Send & Receive Mass Global Payments - Mass P2P/Wire/EFT/SEPA - Adult Industry Friendly - Award Winning Payment Service - Fast, Reliable & Secure! Paxum ...... Paxum Bank Email: [email protected] ~ Telegram: PaxumRuth

07-15-2013, 02:50 PM	#80
Magnetron Lord High Groundhog Industry Role: Join Date: Jun 2013 Location: Bumblefuck, USA Posts: 1,841	RuthB, If I live in the United States and make a withdrawal in the form of a check, will I have to pay my bank additional fees to cash it or deposit it into my personal checking account because it was issued from a Canadian company?

07-15-2013, 06:58 PM	#83
AllAboutCams Femcams.com Industry Role: Join Date: Jul 2011 Location: bjcam.com Posts: 12,223	Fucking brilliant so the last email i got from you guys saying i have to pay fees for this year and my dl expires soon i wont be able to use it but your still going to charge me __________________ Binance - Blockchain and Crypto Asset Exchange Chaturbate make money in cams

07-15-2013, 06:58 PM	#84
24/7 Blogging Crew So Fucking Banned Industry Role: Join Date: Oct 2012 Posts: 1,238	i've never had any of these problems...

07-15-2013, 07:02 PM	#85
AdultKing Raise Your Weapon Industry Role: Join Date: Jun 2003 Location: Outback Australia Posts: 15,601	Ruth failed to answer my questions, so I am going to ask them again. By the way Ruth, it's disingenuous to suggest that the people asking questions don't have accounts with Paxum when in fact they do - I amongst them. I don't like the suggestion that as customers we have no right to know about the service we are using. 1. What ID is acceptable from Australians ? 2. The agreement / terms of service on the website refers to Paxum Belize. In that case under what jurisdiction are accounts governed ? Canada or Belize or Romania or a combination of all three ? 3. If the accounts of account holders are governed by Canadian law then why isn't Canada mentioned on the terms of service ? 4. In what jurisdictions are the copies of everyone's ID's and documents held and examined ? Please answer these questions, the fact that you haven't so far is alarming, the fact that you have chosen to suggest those people asking them don't have accounts with Paxum is bordering on outright lies - so don't think that lying is the way to resolve these questions, be up front and answer them.

07-16-2013, 07:47 AM	#88
x-rate Confirmed User Industry Role: Join Date: Jun 2008 Location: Montreal Posts: 725	Guys if you are not happy about having a card from Belize just get yourself a bank account where you live and ask to be paid by check or wire. You can also use Payoneer.... ah sorry they use the same bank forget about it. I live in Canada and I have a business bank account which I can deposit 5k USD per day without any hold no matter where's the check is come from. They don't charge me extra if the check is from Canada, USA, Europe etc.... I probably have the best BUSINESS relationship with my bank (and I don't even know personally anybody that work there) from all people that I know and guys I can tell you this: Nobody in 2013 can walk into a canadian bank and say: Hey I would like to open a company that will issue Mastercard or Visa Card to anybody in the world that will send me some ID scanned and that I will probably NEVER meet in person and they will be able to exchange money between themself. Also most of the business will be comming from the adult industry. Now if 1 person here from Canada know one of thoses banks here that will allow it I'm sure paxum staff will be happy to meet them but I know it's impossible. I know lot of people into the check cashing business and just for that it's a headache to open a bank account in Canada so walking in a bank and say: 'mastercard, adult industry, exchanging money and not meeting clients face to face' you are out! If guys are not comfortable with a sponsor what you do? Switch to another one? Well if you don't like Paxum terms to do business with them switch to something else... that's it... and if you can't afford waiting a check in the mail for 1-2 week and a hold switch to wire and if you don't make enough to get a wire well you are not doing business but it's just a sideline for you! __________________ Have quality traffic? Make money with Crakrevenue Email: misterxmtl @ hotmail.com Skype: misterxmtl

07-16-2013, 10:26 AM	#89
AllAboutCams Femcams.com Industry Role: Join Date: Jul 2011 Location: bjcam.com Posts: 12,223	Thanks to RuthB Got it all sorted for me awesome support __________________ Binance - Blockchain and Crypto Asset Exchange Chaturbate make money in cams

07-16-2013, 11:19 AM	#90
Fat Panda Porn is Dead. Move along. Industry Role: Join Date: Aug 2006 Posts: 13,295	How fucking sickening. Pure lies

07-17-2013, 12:43 AM	#94
Crazy Enough Confirmed User Industry Role: Join Date: Jun 2011 Posts: 449	Here in Brazil we have several kinds of IDs, but all of them are valid in Brazil only. The only international ID we have is the passport. So that's why they request the passport - because it is the only "legal and valid everywhere" ID you can have. The others are just valid inside your country. Yes, it is expensive and a pain in the ass to make a passport here, but I did because it's a must for us as international webmasters, plus I'll need to travel soon.

07-17-2013, 05:38 AM	#97
AdultKing Raise Your Weapon Industry Role: Join Date: Jun 2003 Location: Outback Australia Posts: 15,601	I'm still waiting for an answer to my questions.