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Old 10-04-2010, 07:58 AM   #1
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Went for lunch with Octav from Paxum...

For him it must have seemed like he was on a date with someone who had just gotten out of long term relationship that ended because of cheating and has lost all trust.

Seems like a nice enough guy for whatever that's worth. Let me know know about his history both personal and business, about some of the backers of Paxum, one happens to be a lawyer who I'm hoping to meet in the next week or so.

You can never tell the future but it seems like they have been working on setting this up for a few years, jumping through all the MasterCard hoops and making sure everything was being set up correctly to become an e-wallet payment solution. He did say that they had planned to launch later in the year but sped things up on the tech end because of the epass situation, but they are able to issue cards now.

I doubt any of these billing companies were set up with the master plan of screwing people over, so with any e-wallet solution don't use them as a bank and keep too much money in there. He did mention that when your money is on your virtual MasterCard that it is MasterCard holding the fund not them.

I was given a test card with some pre-loaded cash and it worked in restaurants and the atm with no issue.

I plan to use Paxum to pay affiliates who are interested and as I did with epass I will be cautious and only wire in the $ needed, which is why I was lucky and didn't lose too much.

Not sure if this helps anyone thinking about using them, but I thought I'd share.
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Old 10-04-2010, 08:00 AM   #2
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any traces of Howie or Norton??? ;)
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Old 10-04-2010, 08:03 AM   #3
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Good stuff...
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Old 10-04-2010, 08:03 AM   #4
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Old 10-04-2010, 08:08 AM   #5
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i don't think master card holds the funds it's always a bank that handles that.
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Old 10-04-2010, 08:08 AM   #6
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thanks for the update
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Old 10-04-2010, 08:16 AM   #7
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good information Kenny B, we are taking a very serious look at Paxum as one of our new payment options. So far I have to say I am liking what I see with them. Nice to know someone actually met with them face to face
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Old 10-04-2010, 08:21 AM   #8
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Old 10-04-2010, 08:22 AM   #9
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Old 10-04-2010, 08:23 AM   #10
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THX for the info man!
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Old 10-04-2010, 08:24 AM   #11
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Did you enjoy lunch?

That's the main thing right.
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Old 10-04-2010, 08:25 AM   #12
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Let me know know about his history both personal and business, about some of the backers of Paxum, one happens to be a lawyer who I'm hoping to meet in the next week or so.
Other than pillsmoney/oainternet, what are some of the other businesses? Of the couple mentioned, they all seemed to be dead sites.

Who are the other backers? What's their backgrounds?

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He did say that they had planned to launch later in the year but sped things up on the tech end because of the epass situation
Yeah, that's pretty apparent when you're in the site and see all the various spelling mistakes and run accross some bugs. At least he's being honest about it. They need to get that cleaned up asap.
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Old 10-04-2010, 08:26 AM   #13
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nice stuff...i also like paxum so far out of the choices available

thanks kenny
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Old 10-04-2010, 08:31 AM   #14
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good information Kenny B, we are taking a very serious look at Paxum as one of our new payment options. So far I have to say I am liking what I see with them. Nice to know someone actually met with them face to face
good talking with you on ICQ spazlabz
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Old 10-04-2010, 08:32 AM   #15
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Was lunch at the UPS store, Tim Hortons or similar arrangement?

Or did you actually go to their office?

Just asking to clarify
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Old 10-04-2010, 08:34 AM   #16
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It seems Paxum are the most active at the moment in thier attempt to capture market share and become a new recognised payment provider...good luck.
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Old 10-04-2010, 08:37 AM   #17
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How can I get one of these bro cards? To test and see if it works ya know.
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Old 10-04-2010, 08:38 AM   #18
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The guy Octav M. used to run some pay per click sites, I used them about 10 years with programs like exitmoney.com

As far as I can remember he always paid, but it was more in the dialer age. So I think he resold his traffic to dialer programs
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Old 10-04-2010, 08:38 AM   #19
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No sign of Norton Burah or Howard Cohen, from what I heard Norton is back in processing but I don't know with who, and Howard has beeb running a bar or restaurant since his wife gave him the boot. But who knows for sure.

I have not visited their offices, I'm hoping to meet with one of the partners who happens to be a lawyer at his office in the next week or so. I'll let you guys know if and when that meeting takes place.
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Old 10-04-2010, 08:41 AM   #20
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Where is their office?
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Old 10-04-2010, 08:41 AM   #21
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I have not visited their offices, I'm hoping to meet with one of the partners who happens to be a lawyer at his office in the next week or so. I'll let you guys know if and when that meeting takes place.
Cool, sounding more and more like a good option for payments
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Old 10-04-2010, 08:50 AM   #22
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It seems Paxum are the most active at the moment in thier attempt to capture market share and become a new recognised payment provider...good luck.
Well from what it looks like they dont have any other choice. While other companies already have a good name and time on their side.
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Old 10-04-2010, 08:51 AM   #23
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So, a top-notch stand-up guy then?
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Old 10-04-2010, 09:46 AM   #24
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So, a top-notch stand-up guy then?
Time will tell, he bought me lunch so it would only be fair he gets to ass fuck me, right?
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Old 10-04-2010, 09:57 AM   #25
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Thanks for the update Kenny.
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Old 10-04-2010, 10:14 AM   #26
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thanks for sharing!!
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Old 10-04-2010, 10:22 AM   #27
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Time will tell, he bought me lunch so it would only be fair he gets to ass fuck me, right?
jeeze, you're cheap
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Old 10-04-2010, 11:24 AM   #28
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Time will tell, he bought me lunch so it would only be fair he gets to ass fuck me, right?
To each their own. I would want at least a candle light dinner before getting butt fucked.
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Old 10-04-2010, 11:31 AM   #29
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nice info ... good to know something!
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Old 10-04-2010, 11:32 AM   #30
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For him it must have seemed like he was on a date with someone who had just gotten out of long term relationship that ended because of cheating and has lost all trust.

Seems like a nice enough guy for whatever that's worth. Let me know know about his history both personal and business, about some of the backers of Paxum, one happens to be a lawyer who I'm hoping to meet in the next week or so.

You can never tell the future but it seems like they have been working on setting this up for a few years, jumping through all the MasterCard hoops and making sure everything was being set up correctly to become an e-wallet payment solution. He did say that they had planned to launch later in the year but sped things up on the tech end because of the epass situation, but they are able to issue cards now.

I doubt any of these billing companies were set up with the master plan of screwing people over, so with any e-wallet solution don't use them as a bank and keep too much money in there. He did mention that when your money is on your virtual MasterCard that it is MasterCard holding the fund not them.

I was given a test card with some pre-loaded cash and it worked in restaurants and the atm with no issue.

I plan to use Paxum to pay affiliates who are interested and as I did with epass I will be cautious and only wire in the $ needed, which is why I was lucky and didn't lose too much.

Not sure if this helps anyone thinking about using them, but I thought I'd share.
Is Octav an owner or just president (running the company)?
Can you share the name of the owners?
Did you get a physical address of him, other locations where the company operates from?

So they weren't ready to launch but sped things up to take advantage of the epass situation? I just read in another thread they don't even have mastercard approval to be listed on their site yet?
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Old 10-04-2010, 11:33 AM   #31
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Cool, sounding more and more like a good option for payments
yeah a company that buys lunch for people is hands down a better option than one that only buys drinks!
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Old 10-04-2010, 11:34 AM   #32
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will paxum make my penis grow?
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Old 10-04-2010, 11:35 AM   #33
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what did he eat? what did you eat? and what did he wear?

very important information please answer.
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Old 10-04-2010, 11:37 AM   #34
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good to hear
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Old 10-04-2010, 11:39 AM   #35
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how much tip?
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Old 10-04-2010, 11:40 AM   #36
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I just read in another thread they don't even have mastercard approval to be listed on their site yet?
Oh good lord... They made changes and need Mastercard to approve it AGAIN... Can you fucking read or do you have such a stick up your ass about Paxum that you're just being negative about everything...

Have you gone off on Payoneer, CashX, OkPay etc. etc. etc. with the same animosity you have with Paxum?
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Old 10-04-2010, 12:12 PM   #37
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Is Octav an owner or just president (running the company)?
Can you share the name of the owners?
Did you get a physical address of him, other locations where the company operates from?

So they weren't ready to launch but sped things up to take advantage of the epass situation? I just read in another thread they don't even have mastercard approval to be listed on their site yet?
Octav is not an owner from what I understand, I am hoping to meet one of the owners in the next week or so at his office.

I did not get a physical address... yes I asked he did not want people popping in.

They have mastercard approval, I have a card and tested it, I think they are waiting for mastercard to approve text or something else on their site.

I don't trust them any more or less than anyone else who handles money for adult webmasters, so I'll be as cautious as I can and I suggest everyone do the same.

Octav was clear that they have not and will not deal with anything gambling related, in any country.
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Old 10-04-2010, 12:18 PM   #38
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what did he eat? what did you eat? and what did he wear?

very important information please answer.
Don't be an idiot you can't judge a person by what he wears, as for the serious questions:

I had the buffalo chicken strips, deep fried and delicious with extra ranch for dipping of course. I can be trusted so this is a good meal to order, plus it's hot and makes you sweat regardless of the temperature in the restaurant, this way you won't seem like a nervous liar sweating, just a fat man eating spicy food.

He had a burger which leads me to believe he is a scammer as Chris Mallack enjoyed burgers and Howard Cohen is a fat fuck so must eat a lot of burgers.
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Old 10-04-2010, 12:21 PM   #39
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Old 10-04-2010, 12:26 PM   #40
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Octav is not an owner from what I understand, I am hoping to meet one of the owners in the next week or so at his office.

I did not get a physical address... yes I asked he did not want people popping in.

They have mastercard approval, I have a card and tested it, I think they are waiting for mastercard to approve text or something else on their site.

I don't trust them any more or less than anyone else who handles money for adult webmasters, so I'll be as cautious as I can and I suggest everyone do the same.

Octav was clear that they have not and will not deal with anything gambling related, in any country.
thanks for sharing, not bashing on you by any means... so, so far what has taken place is that you met the guy running the company, got to try one of their prepaid mastercards and had a good lunch

I want to handle millions of dollars of people's money but I don't want anyone to come into our office (or know where we are located) or know the name of the "owners"... red flags ???
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Old 10-04-2010, 12:53 PM   #41
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Will you are 100% accurate in what you are saying. Worst part is anyone who enters the game and can move money for people will get business, sad fact.
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Old 10-04-2010, 01:09 PM   #42
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receive money => withdraw
receive money => withdraw
receive money => withdraw
receive money => withdraw
receive money => withdraw
receive money => withdraw

you get the idea...
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Old 10-04-2010, 01:13 PM   #43
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No sign of Norton Burah or Howard Cohen, from what I heard Norton is back in processing but I don't know with who, and Howard has beeb running a bar or restaurant since his wife gave him the boot. But who knows for sure.

I have not visited their offices, I'm hoping to meet with one of the partners who happens to be a lawyer at his office in the next week or so. I'll let you guys know if and when that meeting takes place.
Ahh myvirtualcard / Paymonde, brings back some good memories....
Let's hope none of those characters are involved in this new venture.
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Old 10-04-2010, 01:16 PM   #44
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Ahh myvirtualcard / Paymonde, brings back some good memories....
Let's hope none of those characters are involved in this new venture.
let's not forget Funds2Go which was something similar to Epass etc. and also belonged to those 2 scam artists
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Old 10-04-2010, 01:20 PM   #45
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thanks for the input.
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Old 10-04-2010, 01:22 PM   #46
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Originally Posted by MaDalton View Post
receive money => withdraw
receive money => withdraw
receive money => withdraw
receive money => withdraw
receive money => withdraw
receive money => withdraw

you get the idea...
Bingo... Things will go well for a while, they will grow, people will trust and then something will happen and everyone will lose the cash they are holding.

We all know it, it's just how long it will take for that to happen and if you don't keep large sums in there you minimize the risk.

Webmasters need a solution like this and it fits the bill. I don't think anyone believes they went through the process of creating this company with the intention to screw people but all it takes is one person to use them fraudulently in some way and they get their funds frozen like in the webmaster checks issue.
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Old 10-04-2010, 01:24 PM   #47
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Funds2Go made a huge mistake. One of their first affiliate programs pushed child models. Girls ranging from 6 to 13yrs old. Just as soon as they started the accounts were locked by the DOJ and I bet they didn't tell anybody why they got locked.
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Old 10-04-2010, 01:28 PM   #48
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let's not forget Funds2Go which was something similar to Epass etc. and also belonged to those 2 scam artists
Actually a few more schmucks also involved: Joey Bransky and Joshua Ungar.
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Old 10-04-2010, 01:39 PM   #49
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Originally Posted by MaDalton View Post
receive money => withdraw
receive money => withdraw
receive money => withdraw
receive money => withdraw
receive money => withdraw
receive money => withdraw

you get the idea...
Exactly! Thats what everyone should do. Thats also how they make money. I did this prior to the infamous Neteller meltdown, didn't loose any money. Did this now with ePass, still havn't lost any money. Gonna continue doing this with any new services.
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Old 10-04-2010, 01:46 PM   #50
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In the old days you only needed to buy someone a drink before you achieved level 5 Brodom. Now you gotta shell out for lunch as well? Sign of the times...
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