Paxum closed my account - GoFuckYourself.com

cosis · 08-11-2017, 09:52 AM

I have been using Paxum for several years with a few minor issues. Two day's ago when I tried to login it said "Account Closed". After waiting for 2 day's for a reply from Paxum, I was sent this... wtf? The only reason I found out is because my Nifty Stats accounts stopped working because payment didn't go through that is automatically sent. No email, no notice that my account was being closed.

"Dear ______,

We were notified that this account can no longer remain open, however, you can continue our relation by opening an account with Paxum Bank (PAXUM BANK LIMITED - Personal Banking, Business Banking, Loans, Merchant Accounts, Mass Payout Solutions).

Other details aren't available at the moment. If or when they will be we will provide them for you.

Best Regards."

Barry-xlovecam · 08-11-2017, 09:58 AM

https://www.paxumbank.com/about/about-us/

I would wait for Ruth to come by before you do anything.

xXXtesy10 · 08-11-2017, 09:58 AM

xXXtesy10 · 08-11-2017, 10:02 AM

https://www.paxumbank.com/personal/

"Saving account"
..
Rates as low as 8.5% APR

because you want lower rate on saving

rowan · 08-11-2017, 10:03 AM

Ouch. Keenly watching this thread.

rowan · 08-11-2017, 10:06 AM

Quote:

Originally Posted by xXXtesy10

https://www.paxumbank.com/personal/

"Saving account"
..
Rates as low as 8.5% APR

because you want lower rate on saving

"If your employer pays you through Paxum's Payroll Solution, you may qualify to receive a loan from Paxum Bank. Enjoy low interest rates and fast approval decisions. Over 90% of applicants get approved!"

Looks like they're actually loan rates. You reckon an offshore savings account would pay 8.5%?

Then again they're hidden behind cloudflare (HTTP) and domainsbyproxy (WHOIS)...

CaptainHowdy · 08-11-2017, 10:10 AM

Ruth to the rescue ...

Oracle Porn · 08-11-2017, 10:14 AM

https://www.paxumbank.com/personal/s...o-buy-a-house/

imma buy myself a house with paxum

TheDynasty · 08-11-2017, 10:16 AM

ouch sorry to hear that

cosis · 08-11-2017, 10:17 AM

Quote:

Originally Posted by TheDynasty

ouch sorry to hear that

I never leave money in the account. As soon as I receive a payment I send it to my bank. I never fully trusted using them enough to keep money in the account.

Still I am setup to receive payments from sponsors and advertisers.

BigFurry · 08-11-2017, 10:42 AM

Sorry to hear, that's pretty frightening.

What country are you from?

I read earlier that they won't open new accounts for people from the US. Are you from the US as well?

RuthB · 08-11-2017, 10:59 AM

Quote:

Originally Posted by cosis

I have been using Paxum for several years with a few minor issues. Two day's ago when I tried to login it said "Account Closed". After waiting for 2 day's for a reply from Paxum, I was sent this... wtf? The only reason I found out is because my Nifty Stats accounts stopped working because payment didn't go through that is automatically sent. No email, no notice that my account was being closed.

"Dear ______,

We were notified that this account can no longer remain open, however, you can continue our relation by opening an account with Paxum Bank (PAXUM BANK LIMITED - Personal Banking, Business Banking, Loans, Merchant Accounts, Mass Payout Solutions).

Other details aren't available at the moment. If or when they will be we will provide them for you.

Best Regards."

Hi cosis,

Can you please hit me up with your account username? My email is [email protected]

Thanks,
Ruth

Belinda · 08-11-2017, 11:05 AM

I emailed you back about your account with us as well. Email me back when you get a chance.

cosis · 08-11-2017, 11:11 AM

Quote:

Originally Posted by BigFurry

Sorry to hear, that's pretty frightening.

What country are you from?

I read earlier that they won't open new accounts for people from the US. Are you from the US as well?

I am in the US

cosis · 08-11-2017, 11:12 AM

Quote:

Originally Posted by Belinda

I emailed you back about your account with us as well. Email me back when you get a chance.

Thanks Belinda, I just replied.

cosis · 08-11-2017, 11:14 AM

Quote:

Originally Posted by RuthB

Hi cosis,

Can you please hit me up with your account username? My email is [email protected]

Thanks,
Ruth

Ruth - okay Thanks for looking

Brian mike · 08-11-2017, 11:15 AM

Thats not good..... Following this thread

RuthB · 08-11-2017, 11:21 AM

Quote:

Originally Posted by cosis

Ruth - okay Thanks for looking

Thanks, I've replied to your email. Your account has been reopened.

Ruth

cosis · 08-11-2017, 11:48 AM

Quote:

Originally Posted by RuthB

Thanks, I've replied to your email. Your account has been reopened.

Ruth

Thank you

EddyTheDog · 08-11-2017, 11:49 AM

Ruth is back - Yay!..

BigFurry · 08-11-2017, 11:51 AM

Glad to hear it has been resolved!

Ruth, is it possible to know if this was a single mistake, or there is mass account closing going on?

nikki99 · 08-11-2017, 12:07 PM

Quote:

Originally Posted by RuthB

Thanks, I've replied to your email. Your account has been reopened.

Ruth

Paxum the best thing that happend to us

JuicyBunny · 08-11-2017, 12:08 PM

Ruth Rocks!

RyuLion · 08-11-2017, 12:26 PM

Quote:

Originally Posted by Oracle Porn

imma buy myself a house with paxum

3xmedia · 08-11-2017, 12:28 PM

scary, 90% of my payments are currently with Paxum so I'd be fucked hard

CaptainHowdy · 08-11-2017, 02:27 PM

Quote:

Originally Posted by ruthb

thanks, i've replied to your email. Your account has been reopened.

Ruth

<3 <3 <3 ...

cosis · 08-11-2017, 03:55 PM

I did get my account re-opened but I have to switch to Paxum Bank within 30 day's based on my location. I am in South Carolina. Still confused as to why this has happened. It looks like the fee's with Paxum Bank are a lot higher.

EddyTheDog · 08-11-2017, 04:00 PM

Quote:

Originally Posted by cosis

I did get my account re-opened but I have to switch to Paxum Bank within 30 day's based on my location. I am in South Carolina. Still confused as to why this has happened. It looks like the fee's with Paxum Bank are a lot higher.

Paxum Bank - WTF is that?..

cosis · 08-11-2017, 04:01 PM

Quote:

Originally Posted by EddyTheDog

Paxum Bank - WTF is that?..

https://paxumbank.com/

My guess is a lot of people will be introduced to it soon

anexsia · 08-11-2017, 04:18 PM

Just had the same thing happen to me!! What the heck?! In Virginia here.

"We were notified that this account can no longer remain open, however, you can continue our relation by opening an account with Paxum Bank (PAXUM BANK LIMITED - Personal Banking, Business Banking, Loans, Merchant Accounts, Mass Payout Solutions).

Other details aren't available at the moment. If or when they will be we will provide them for you."

brassmonkey · 08-11-2017, 04:22 PM

Quote:

Originally Posted by cosis

https://paxumbank.com/

My guess is a lot of people will be introduced to it soon

a bank in dominica

EddyTheDog · 08-11-2017, 04:28 PM

Quote:

Originally Posted by brassmonkey

a bank in dominica

I don't like the sound of that at all - Ruth is great but you need about a thousand more of her to run a bank...

brassmonkey · 08-11-2017, 04:36 PM

Quote:

Originally Posted by EddyTheDog

I don't like the sound of that at all - Ruth is great but you need about a thousand more of her to run a bank...

https://www.forbes.com/2010/07/26/of...bert-wood.html

RuthB · 08-11-2017, 05:11 PM

We are introducing some new services/features to Paxum.com (such as the ability to accept 3rd party payments and issue 3rd party payments, IBAN EUR accounts, etc). Paxum.com cannot offer some of those services to clients from certain jurisdictions, therefore those clients will need to be switched to Paxum Bank so they can enjoy the same features as other Paxum.com clients.

Paxum Bank and Paxum.com are fully integrated with each other. Clients will be able to instantly send and receive P2P payments (to other account-holders) between Paxum Bank and Paxum.com, and vice versa.

cosis · 08-11-2017, 06:30 PM

Which jurisdictions? So far South Carolina and Virginia?

RuthB · 08-11-2017, 06:42 PM

Quote:

Originally Posted by brassmonkey

a bank in dominica

Dominica is a beautiful location, and part of the Commonwealth of Nations (formerly the British Commonwealth). There's nothing wrong with that.

It is not illegal for a US Citizen to have a bank account outside of the United States. US citizens are entitled to have money and investments anywhere in the world as long as foreign accounts are disclosed. Clients would naturally have to report the account to the IRS, and Paxum Bank will remind its US clients which reports need to be filed, and when they are due.

Quote:

Originally Posted by EddyTheDog

I don't like the sound of that at all - Ruth is great but you need about a thousand more of her to run a bank...

Thanks, but I'm just one cog in this great Paxum machine. We have a lot of really good people working hard every single day to serve our customers needs and provide a reliable, secure and easy-to-use payment service.

shiraz9944 · 08-11-2017, 06:46 PM

Agreed, we deserve to know which jurisdictions are going to have this occur, and to do it without prior notice? That is just horrible business.

shiraz9944 · 08-11-2017, 06:58 PM

Quote:

Originally Posted by brassmonkey

https://www.forbes.com/2010/07/26/of...bert-wood.html

So what is a company like Apple going to do with a quarter TRILLION in Irish Bank Accounts to keep their effective tax rate near zero?

JohnnyNight · 08-11-2017, 07:50 PM

Happened to me too... I'm in the U.S.

Yeah the Paxum Bank is basically the same as Paxum.com.. ACH rates 8.95 rather 5.00 though..

But applying for the bank account is more involved.. More docs required and entire application needs to be sent in, can't apply online...

Brian mike · 08-11-2017, 08:13 PM

Deja vue scheme

Payoneer >>>>> first choice pay

Paxum >>>> paxum bank

Which wallet is next ?

epayment too ? >>> ???

Barry-xlovecam · 08-11-2017, 08:20 PM

https://www.irs.gov/businesses/incom...oad-is-taxable

This only applies to US persons. Not legal advice and not tax advice.

Look up 'income repatriation' regarding Apple

Did you know ACH from at US banks costs $0.28 to as little as $0.18 for commercial accounts. ACH is free at my personal bank for limited volume (as a personal account). Incoming wires are no fee on my personal account. SEPA/EFT is a bit more. I have a pdf from a bank in Ireland that charges 0,55 € for a EFT. Bank fees are really a blind item these days.

onwebcam · 08-11-2017, 09:37 PM

Quote:

Originally Posted by Oracle Porn

https://www.paxumbank.com/personal/s...o-buy-a-house/

imma buy myself a house with paxum

Now that they have their own bank they can even finance a movie.

ZENRA · 08-11-2017, 10:45 PM

Quote:

Originally Posted by RuthB

We are introducing some new services/features to Paxum.com (such as the ability to accept 3rd party payments and issue 3rd party payments, IBAN EUR accounts, etc). Paxum.com cannot offer some of those services to clients from certain jurisdictions, therefore those clients will need to be switched to Paxum Bank so they can enjoy the same features as other Paxum.com clients.

Paxum Bank and Paxum.com are fully integrated with each other. Clients will be able to instantly send and receive P2P payments (to other account-holders) between Paxum Bank and Paxum.com, and vice versa.

Hi Ruth,

Does Paxum Bank allow adult businesses in USA to create accounts there? I know Paxum has won many an adult industry award, but could you officially state on record that adult businesses are allowed? It'll probably give me and many others some peace of mind knowing that if we did open an account there, the chances of it being shut down for 'reputational risk' would be minimal.

Thank you.

Paul Markham · 08-11-2017, 10:46 PM

Quote:

Originally Posted by RuthB

Thanks, I've replied to your email. Your account has been reopened.

Ruth

Drama over, nothing to see here.

CPA-Rush · 08-12-2017, 06:18 AM

Quote:

Originally Posted by RuthB

We are introducing some new services/features to Paxum.com (such as the ability to accept 3rd party payments and issue 3rd party payments, IBAN EUR accounts, etc). Paxum.com cannot offer some of those services to clients from certain jurisdictions, therefore those clients will need to be switched to Paxum Bank so they can enjoy the same features as other Paxum.com clients.

Paxum Bank and Paxum.com are fully integrated with each other. Clients will be able to instantly send and receive P2P payments (to other account-holders) between Paxum Bank and Paxum.com, and vice versa.

checks, no?

anexsia · 08-12-2017, 06:25 AM

Quote:

Originally Posted by JohnnyNight

Happened to me too... I'm in the U.S.

Yeah the Paxum Bank is basically the same as Paxum.com.. ACH rates 8.95 rather 5.00 though..

But applying for the bank account is more involved.. More docs required and entire application needs to be sent in, can't apply online...

That's a little scary considering Paxum already required more docs/info then my US Bank Accounts, Paypal, and my brokerage.

King Mark · 08-12-2017, 06:39 AM

Quote:

Originally Posted by onwebcam

Now that they have their own bank they can even finance a movie.

Motion picture coming soon...

SleepWalker · 08-12-2017, 06:45 AM

Quote:

Originally Posted by Paul Markham

Drama over, nothing to see here.

not true, his account was reopened for 30 days only and he his being forced into paxum bank. We still don't know the reason.

King Mark · 08-12-2017, 06:52 AM

https://www.fdic.gov/deposit/deposits/faq.html

brassmonkey · 08-12-2017, 06:57 AM

Quote:

Originally Posted by anexsia

That's a little scary considering Paxum already required more docs/info then my US Bank Accounts, Paypal, and my brokerage.

it's really fuking weird! because payoneer uses the same bank in belize! i think paxum has less protections (insurance) therefore they doc you to hell!! if you are doing fraud who would give their real info??

08-11-2017, 09:52 AM	#1
cosis Confirmed User Industry Role: Join Date: Aug 2001 Location: Beach Posts: 5,275	Paxum closed my account I have been using Paxum for several years with a few minor issues. Two day's ago when I tried to login it said "Account Closed". After waiting for 2 day's for a reply from Paxum, I was sent this... wtf? The only reason I found out is because my Nifty Stats accounts stopped working because payment didn't go through that is automatically sent. No email, no notice that my account was being closed. "Dear ______, We were notified that this account can no longer remain open, however, you can continue our relation by opening an account with Paxum Bank (PAXUM BANK LIMITED - Personal Banking, Business Banking, Loans, Merchant Accounts, Mass Payout Solutions). Other details aren't available at the moment. If or when they will be we will provide them for you. Best Regards."

08-11-2017, 09:58 AM	#3
xXXtesy10 Fakecoin Investor Industry Role: Join Date: Jul 2012 Location: New Delhi, IN Posts: 7,128	__________________ WARNING: Stay Away From Marlboroack aka aka Brandon Ackerman https://gfy.com/21169705-post8.html Donny Long is Felon, Stalker, Scammer & Coward http://www.ripoffreport.com/reports/...lon-int-761244

08-11-2017, 10:02 AM	#4
xXXtesy10 Fakecoin Investor Industry Role: Join Date: Jul 2012 Location: New Delhi, IN Posts: 7,128	https://www.paxumbank.com/personal/ "Saving account" .. Rates as low as 8.5% APR because you want lower rate on saving __________________ WARNING: Stay Away From Marlboroack aka aka Brandon Ackerman https://gfy.com/21169705-post8.html Donny Long is Felon, Stalker, Scammer & Coward http://www.ripoffreport.com/reports/...lon-int-761244

08-11-2017, 10:10 AM	#7
CaptainHowdy Too lazy to set a custom title Industry Role: Join Date: Dec 2004 Location: Happy in the dark. Posts: 92,987	Ruth to the rescue ... __________________ FLASH SALE INSANITY! deal with a 100% Trusted Seller Buy Traffic Spots on a High-Quality Network 1 Year or Lifetime — That’s Right, Until the Internet Explodes!

08-11-2017, 10:14 AM	#8
Oracle Porn Affiliate Industry Role: Join Date: Oct 2002 Location: Icq: 94-399-723 Posts: 24,432	https://www.paxumbank.com/personal/s...o-buy-a-house/ imma buy myself a house with paxum __________________

08-11-2017, 09:58 AM	#2
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	https://www.paxumbank.com/about/about-us/ I would wait for Ruth to come by before you do anything.

08-11-2017, 10:03 AM	#5
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	Ouch. Keenly watching this thread.

08-11-2017, 10:16 AM	#9
TheDynasty See Signature Industry Role: Join Date: Apr 2016 Location: noneya Posts: 5,882	ouch sorry to hear that __________________ Try out WP-SCRIPT The Best Tube Script

08-11-2017, 10:42 AM	#11
BigFurry Confirmed User Industry Role: Join Date: Nov 2003 Posts: 1,553	Sorry to hear, that's pretty frightening. What country are you from? I read earlier that they won't open new accounts for people from the US. Are you from the US as well?

08-11-2017, 11:05 AM	#13
Belinda NubilesCash.com Manager Industry Role: Join Date: Jul 2005 Location: NorCal Posts: 4,365	I emailed you back about your account with us as well. Email me back when you get a chance. __________________ NEW SITES FROM NUBILESCASH.COM MomLover.com, FamilySwap.xxx Skype- belindam81 Email: [email protected]

08-11-2017, 11:15 AM	#17
Brian mike #Alberta51 Industry Role: Join Date: Oct 2014 Location: USA Territory (Alberta) Posts: 7,876	Thats not good..... Following this thread __________________ Tube - Cam - Escorts - Top List Menu Tab - Banner - Header Link - Blog Post DM me

08-11-2017, 11:49 AM	#20
EddyTheDog Just Doing My Own Thing Industry Role: Join Date: Jan 2011 Location: London, Spain, New Zealand, GFY - Not Croydon... Posts: 25,035	Ruth is back - Yay!.. __________________ - Chaturbate Script - https://gfy.com/fucking-around-and-b...er-issues.html - Now supports White Labels

08-11-2017, 11:51 AM	#21
BigFurry Confirmed User Industry Role: Join Date: Nov 2003 Posts: 1,553	Glad to hear it has been resolved! Ruth, is it possible to know if this was a single mistake, or there is mass account closing going on?

08-11-2017, 12:08 PM	#23
JuicyBunny So Fucking Banned Industry Role: Join Date: Jun 2010 Location: Tokyo Red Light District Posts: 2,145	Ruth Rocks!

08-11-2017, 12:28 PM	#25
3xmedia Confirmed User Industry Role: Join Date: Apr 2004 Posts: 5,717	scary, 90% of my payments are currently with Paxum so I'd be fucked hard __________________ ---

08-11-2017, 03:55 PM	#27
cosis Confirmed User Industry Role: Join Date: Aug 2001 Location: Beach Posts: 5,275	I did get my account re-opened but I have to switch to Paxum Bank within 30 day's based on my location. I am in South Carolina. Still confused as to why this has happened. It looks like the fee's with Paxum Bank are a lot higher.

08-11-2017, 04:18 PM	#30
anexsia Confirmed User Industry Role: Join Date: May 2010 Posts: 5,735	Just had the same thing happen to me!! What the heck?! In Virginia here. "We were notified that this account can no longer remain open, however, you can continue our relation by opening an account with Paxum Bank (PAXUM BANK LIMITED - Personal Banking, Business Banking, Loans, Merchant Accounts, Mass Payout Solutions). Other details aren't available at the moment. If or when they will be we will provide them for you."

08-11-2017, 05:11 PM	#34
RuthB Let's Get Paxumized! Industry Role: Join Date: May 2005 Location: Vancouver, Canada Posts: 7,241	We are introducing some new services/features to Paxum.com (such as the ability to accept 3rd party payments and issue 3rd party payments, IBAN EUR accounts, etc). Paxum.com cannot offer some of those services to clients from certain jurisdictions, therefore those clients will need to be switched to Paxum Bank so they can enjoy the same features as other Paxum.com clients. Paxum Bank and Paxum.com are fully integrated with each other. Clients will be able to instantly send and receive P2P payments (to other account-holders) between Paxum Bank and Paxum.com, and vice versa. __________________ 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

08-11-2017, 06:30 PM	#35
cosis Confirmed User Industry Role: Join Date: Aug 2001 Location: Beach Posts: 5,275	Which jurisdictions? So far South Carolina and Virginia?

08-11-2017, 06:46 PM	#37
shiraz9944 Confirmed User Join Date: Jan 2002 Posts: 567	Agreed, we deserve to know which jurisdictions are going to have this occur, and to do it without prior notice? That is just horrible business.

08-11-2017, 07:50 PM	#39
JohnnyNight Confirmed User Industry Role: Join Date: Jun 2012 Posts: 484	Happened to me too... I'm in the U.S. Yeah the Paxum Bank is basically the same as Paxum.com.. ACH rates 8.95 rather 5.00 though.. But applying for the bank account is more involved.. More docs required and entire application needs to be sent in, can't apply online...

08-11-2017, 08:13 PM	#40
Brian mike #Alberta51 Industry Role: Join Date: Oct 2014 Location: USA Territory (Alberta) Posts: 7,876	Deja vue scheme Payoneer >>>>> first choice pay Paxum >>>> paxum bank Which wallet is next ? epayment too ? >>> ??? __________________ Tube - Cam - Escorts - Top List Menu Tab - Banner - Header Link - Blog Post DM me

08-11-2017, 08:20 PM	#41
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	https://www.irs.gov/businesses/incom...oad-is-taxable This only applies to US persons. Not legal advice and not tax advice. Look up 'income repatriation' regarding Apple Did you know ACH from at US banks costs $0.28 to as little as $0.18 for commercial accounts. ACH is free at my personal bank for limited volume (as a personal account). Incoming wires are no fee on my personal account. SEPA/EFT is a bit more. I have a pdf from a bank in Ireland that charges 0,55 € for a EFT. Bank fees are really a blind item these days.

08-12-2017, 06:52 AM	#49
King Mark So Fucking Banned Industry Role: Join Date: Aug 2016 Posts: 27,033	https://www.fdic.gov/deposit/deposits/faq.html