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Old 05-05-2019, 12:23 AM   #1
Biggie Smalls Web Writing
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Paxum wire working in your country?

That is the only option I have here, since card never arrived & ECT issue.

I usually wire funds to my bank account once a month after I get paid from all sponsors & clients.

Did it once in April and it was fine but now I'm reading people complain about it as well.
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Old 05-05-2019, 01:36 AM   #2
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EFT is not in the option anymore.
I can't even transfer funds to my Paxum mastercard.
But wire and transfer to other bank card is okay.
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Old 05-05-2019, 02:06 AM   #3
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Wires were a great option, but now it's ridiculously expensive.. last time I did a wire it cost me around $90-100 and I have no idea why.

On 1st of May however, Paxum Introduced UnionPay Card For Worldwide Customers, with a daily limit of $5000, however I don't know a single costumer who was able to apply for a card.

Here's the full post from Facebook

Quote:
Paxum Introduces UnionPay Card For Worldwide Customers

Paxum is proud to announce the introduction of a brand new USD Paxum Card backed by UnionPay. The UnionPay Paxum Card boasts a high daily limit of $5,000 USD and each card is fulfilled and shipped typically within a week.

Every verified Paxum account-holder can request the new UnionPay card from the user-friendly Paxum account interface. To avoid unnecessary printing delays we will not be automatically printing and shipping new cards to existing card-holders without first receiving a request. Interested Paxum account-holders must manually submit a request for a new card inside their account.

It is important to note that as a result of customer feedback we have made a change to the card request process and the annual fee will NOT be charged in advance of card fulfillment; the annual fee of $44.95 USD will be charged after receipt of the card, upon card activation.

Once again Paxum offers low fees for Paxum card-holders; just $2 USD per ATM withdrawal, and $1 USD per POS transaction. All transactions and fees can be reviewed within the Paxum user interface.

UnionPay is recognized worldwide, however, to avoid disappointment we strongly recommend, before you request the new card, that you check your local banks and ATMs to ensure UnionPay is accepted in your region.

It's simple to request a new Paxum card:

1) Log in to your Paxum account

2) Click “Request Card” in the top menu bar

3) Confirm the shipping information is correct

4) Submit the request

5) Your new card will be printed and shipped within a week

We invite you to enhance your Paxum account with the new UnionPay Paxum card and discover the benefits of instant access to your Paxum account funds.
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Old 05-05-2019, 02:26 AM   #4
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my wire from the 2nd still says submitted
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Old 05-05-2019, 02:59 AM   #5
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Wires were a great option, but now it's ridiculously expensive.. last time I did a wire it cost me around $90-100 and I have no idea why.

On 1st of May however, Paxum Introduced UnionPay Card For Worldwide Customers, with a daily limit of $5000, however I don't know a single costumer who was able to apply for a card.

Here's the full post from Facebook
So this UnionPay card is a new replacement for the other card who had to replace the now broken temporary card??

Paxum Prepaid Card (SEPA)
000000XXXXXX0000
SubmittedSubmitted (Submitted on 2018-10-24 05:31:45)
This process can take up to 10 business days. Total Card delivery time to receive it is approximately 6 weeks
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Old 05-05-2019, 03:17 AM   #6
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Paxum Prepaid Card (SEPA)
000000XXXXXX0000
SubmittedSubmitted (Submitted on 2018-10-24 05:31:45)
This process can take up to 10 business days. Total Card delivery time to receive it is approximately 6 weeks
I got this one but haven't activated it yet. Paxum says this card works so I'll try next week.
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Old 05-05-2019, 05:41 AM   #7
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Bump for Ruth and answer
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Old 05-05-2019, 04:06 PM   #8
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I did a wire on the 1st, and it was in my account on the 3rd. It's expensive at $50 USD for the wire plus another $17.50 USD at my bank, but it's been a reliable option for me here in Canada.
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Old 05-05-2019, 10:14 PM   #9
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I did a wire on the 1st, and it was in my account on the 3rd. It's expensive at $50 USD for the wire plus another $17.50 USD at my bank, but it's been a reliable option for me here in Canada.
Thanks for sharing, anyone else?
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Old 05-05-2019, 11:33 PM   #10
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I know its expensive, like I said I do it once a month, and it costs me around $100 usd including my bank fees
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Old 05-05-2019, 11:38 PM   #11
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can you use EFT and not wire?
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Old 05-05-2019, 11:52 PM   #12
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can you use EFT and not wire?
No such an option in my country.
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Old 05-06-2019, 12:01 AM   #13
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can you use EFT and not wire?
Sadly not. We live in the same country, and EFT is not available here.

As for the UnionPay Cards

Quote:
Note that for the moment applying for a Paxum MasterCard is not available for your region. Also be advised that we are looking for solutions and once we have updates we will notify all our clients.
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Old 05-06-2019, 04:29 AM   #14
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Tried to wire funds to my usd account:

''We apologize for the inconvenience however USD Wire Withdrawal is no longer available in your region. As an alternative you can withdraw your funds by wire withdrawal in EUR currency. If needed, currency conversion from USD to EUR can be found in the Transfer Funds / Between Accounts section of your Paxum account''

I have x,xxx usd stuck there
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Old 05-06-2019, 04:41 AM   #15
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So I tried to transfer funds to Euros it says: ''Funds were not transferred. Please try again later''

Great fucking service
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Old 05-06-2019, 05:12 AM   #16
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So I tried to transfer funds to Euros it says: ''Funds were not transferred. Please try again later''

Great fucking service
Try creating a bank account the same as you would with USD but chnge it to EUR then it should show in the wire list.
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Old 05-06-2019, 05:31 AM   #17
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Try creating a bank account the same as you would with USD but chnge it to EUR then it should show in the wire list.
I did that already
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Old 05-06-2019, 10:58 AM   #18
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Thanks to Ruth for the quick response.

Funds transferred to Euros and wire initiated successfully.

B
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Old 05-06-2019, 11:02 AM   #19
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Thanks to Ruth for the quick response.

Funds transferred to Euros and wire initiated successfully.

B

Way to go man!
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Old 05-06-2019, 11:18 AM   #20
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My us eft wasnt available but put in wire on 1st. Guess wire sent today but havent seen the funds hit the bank yet. Such an ordeal.
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Old 05-06-2019, 11:24 AM   #21
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My us eft wasnt available but put in wire on 1st. Guess wire sent today but havent seen the funds hit the bank yet. Such an ordeal.
Have you received confirmation email? It usually arrives day or two after funds initiated
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Old 05-06-2019, 12:30 PM   #22
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I mostly withdraw via ATMs but I'm curious... EFT/wire is now only possible in EUR, not in USD? so there will be double conversion for those with bank accounts in different currency than EUR? first Paxum converts USD to EUR and then receiving bank to the local currency? how much I lose on those conversions?
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Old 05-06-2019, 12:36 PM   #23
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I mostly withdraw via ATMs but I'm curious... EFT/wire is now only possible in EUR, not in USD? so there will be double conversion for those with bank accounts in different currency than EUR? first Paxum converts USD to EUR and then receiving bank to the local currency? how much I lose on those conversions?
first Paxum converts USD to EUR - I lost 15 euros on 3k

then receiving bank to the local currency? how much I lose on those conversions? - Zero if you send Euros to your bank account in euros. If not then you will lose decent cash 100%
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Old 05-06-2019, 12:42 PM   #24
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first Paxum converts USD to EUR - I lost 15 euros on 3k

then receiving bank to the local currency? how much I lose on those conversions? - Zero if you send Euros to your bank account in euros. If not then you will lose decent cash 100%
hmm... so like I said, if your bank account is in different currency than EUR, there will be double conversion... Paxum (USD>EUR), your bank (EUR>your local currency)
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Old 05-06-2019, 12:46 PM   #25
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hmm... so like I said, if your bank account is in different currency than EUR, there will be double conversion... Paxum (USD>EUR), your bank (EUR>your local currency)
it sucks but is better than a check
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Old 05-06-2019, 12:49 PM   #26
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it sucks but is better than a check
yep, true.
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Old 05-06-2019, 02:54 PM   #27
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Requested a wire last week, and still shows submitted.
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Old 05-07-2019, 01:49 AM   #28
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I was able to transfer via EFT last week, but it's not working anymore
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Old 05-07-2019, 01:59 AM   #29
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it sucks but is better than a check
bullshit! i can scan a check with my phone its instantly there. no fees 0% paypal is always #1
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Old 05-07-2019, 01:59 AM   #30
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Just got my WIRE today.
Requested on Sunday, validated on Monday, got it today.
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Old 05-07-2019, 02:01 AM   #31
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I need now to transfer USD in EUR first then I can withdraw them via wire! I'll stop using Paxum, for this reason, I prefer direct wire in USD to my bank account!
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Old 05-07-2019, 02:26 AM   #32
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Just got my WIRE today.
Requested on Sunday, validated on Monday, got it today.
Great, I'm expecting mine later this week.
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Old 05-07-2019, 02:37 AM   #33
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I need now to transfer USD in EUR first then I can withdraw them via wire! I'll stop using Paxum, for this reason, I prefer direct wire in USD to my bank account!
Why not opening bank account in Euros and linking it to paxum?
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Old 05-07-2019, 07:19 AM   #34
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Why not opening bank account in Euros and linking it to paxum?
I've done this already for the last period money but I lose a lot of money on the conversion rate! So I prefer direct wire in USD.
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Old 05-07-2019, 10:46 AM   #35
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Just got my WIRE today.
Requested on Sunday, validated on Monday, got it today.
well some good news
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Old 05-07-2019, 11:33 AM   #36
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Still waiting on mine. Submitted on 1st. Confirmed on sunday or monday. Waiting on deposit to account still. Guess still see.
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Old 05-09-2019, 04:56 AM   #37
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Paxum wire arrived in less than 48 hours, total cost 85 euros including USD > EUR conversion
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Old 05-09-2019, 05:12 AM   #38
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Why not opening bank account in Euros and linking it to paxum?
I'm in the EU but we don't use EUR currency here so I'm not sure how a bank account in Euros could help if I don't pay anything in Euros.
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Old 05-09-2019, 05:30 AM   #39
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I'm in the EU but we don't use EUR currency here so I'm not sure how a bank account in Euros could help if I don't pay anything in Euros.
To avoid additional conversion
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Old 05-09-2019, 05:38 AM   #40
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To avoid additional conversion
Maybe I'm missing something... I'll have Euros in my bank account but as I said we use different currency in my country and I pay stuff online in USD so those Euros still will need to be converted to different currency if I want to use them.
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Old 05-09-2019, 06:19 AM   #41
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Maybe I'm missing something... I'll have Euros in my bank account but as I said we use different currency in my country and I pay stuff online in USD so those Euros still will need to be converted to different currency if I want to use them.
it will come cheaper than a wire in your country's currency at 50 usd.

3.75 fee for EFT - later a conversion from euro to currency - in my case it will cost about 8 usd instead of 50.
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Old 05-09-2019, 06:48 AM   #42
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Maybe I'm missing something... I'll have Euros in my bank account but as I said we use different currency in my country and I pay stuff online in USD so those Euros still will need to be converted to different currency if I want to use them.
Then its the same shit as having USD in your account, since none of these 2 currencies you're using in your country, correct?
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Old 05-09-2019, 06:50 AM   #43
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it will come cheaper than a wire in your country's currency at 50 usd.

3.75 fee for EFT - later a conversion from euro to currency - in my case it will cost about 8 usd instead of 50.
Sure, I'd use EFT, just previously it was possible to EFT in my currency, now only in Euros so my funds will be converted twice and I'll lose more money on those conversions.
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Old 05-09-2019, 06:52 AM   #44
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Then its the same shit as having USD in your account, since none of these 2 currencies you're using in your country, correct?
Nope, I'm in the EU but we don't use Euro currency in my country.
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Old 05-09-2019, 06:54 AM   #45
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Nope, I'm in the EU but we don't use Euro currency in my country.
But you need to exchange both currencies to local one to buy stuff
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Old 05-09-2019, 07:10 AM   #46
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But you need to exchange both currencies to local one to buy stuff
Yep, but previously just 1 conversion was needed.

Now, if I want to wire/EFT $$$$ from my Paxum account to my bank account I need to convert USD to EUR, then my bank converts EUR to my local currency so there are two conversions.
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Old 05-09-2019, 07:19 AM   #47
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Yep, but previously just 1 conversion was needed.

Now, if I want to wire/EFT $$$$ from my Paxum account to my bank account I need to convert USD to EUR, then my bank converts EUR to my local currency so there are two conversions.
That's totally different, Im in Europe too, but no EFT option here, only wire.
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Old 05-13-2019, 01:48 AM   #48
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My wire from the 2nd still not arrived unbelievable
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