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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 10-15-2010, 10:34 AM   #1
Fat Panda
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Paxum, Payoneer and Belize

Paxum and Payoneer use banks in Belize...

Quote:
1.1 Paxum is a provider of E-Wallet Service and is a registered Money Business Service in Canada and USA. You agree that:

(a) Paxum is not a bank;
(b) Funds in the Current and Prepaid Card accounts are not insured by any government agency such as FDIC
(c) Paxum doesn't pay interest to Users on funds kept in Current or Prepaid Card accounts
(d) To indemnify and hold harmless Paxum, its agents, affiliates, officers, directors and employees from any claim or demand whatsoever relating to or arising out of User's use of the Paxum system, except for any loss caused by willful misconduct of Paxum;
(e) User understands and acknowledges that Paxum is a Belize registered company and that Paxum follows the laws of Belize;
Payoneer = http://www.choicebankltd.com/ of Belize

Quote:
No bank in Belize offers insurance on depositors? funds. Banks are regulated by the Central Bank of Belize
Do you think your money is safe?
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Old 10-15-2010, 10:39 AM   #2
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The sheep will follow anyway...

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Old 10-15-2010, 10:41 AM   #3
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Quote:
Originally Posted by SAC View Post
Paxum and Payoneer use banks in Belize...



Payoneer = http://www.choicebankltd.com/ of Belize
Do you think your money is safe?


Jesus Christ man .. drop it
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Old 10-15-2010, 10:44 AM   #4
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Just a public service announcement after the epassporte debacle...
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Old 10-15-2010, 10:44 AM   #5
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i agree to the TOS, case closed, money cashout immediately
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Last edited by seeandsee; 10-15-2010 at 10:45 AM..
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Old 10-15-2010, 10:44 AM   #6
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why you want to keep all your money on paxum or payoneer anyway?

you get paid....transfer it to your bank and pay tax on it like everyone else.

its simply a good way to accumulate many small payments to one place, and then deposit that money into your local bank account.

its not a setup man, they are in it to make money on the fees etc....and kudos to them
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Old 10-15-2010, 10:45 AM   #7
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I've been to Belize and have met with folks in their National Bank in Belize City....They're legit...
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Old 10-15-2010, 10:51 AM   #8
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it's not meant to be a banking service?
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Old 10-15-2010, 10:51 AM   #9
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why are these companies banking abroad?
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Old 10-15-2010, 10:58 AM   #10
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Quote:
Originally Posted by brassmonkey View Post
why are these companies banking abroad?
That's a very good question? You'd think such solid companies could set up banking operations in the USA or the EU...
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Old 10-15-2010, 10:58 AM   #11
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Originally Posted by brassmonkey View Post
why are these companies banking abroad?
To be able to more easily accomodate international webmasters?
The US banking regulations are pretty tight and makes it hard to accept international clients. Not impossible, but a whole lot more paper work and hoops to go through.
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Old 10-15-2010, 11:06 AM   #12
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Originally Posted by SAC View Post
That's a very good question? You'd think such solid companies could set up banking operations in the USA or the EU...
Paxum had said that it was the only way they could offer the type of card they wanted to international WMs.
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Old 10-15-2010, 11:27 AM   #13
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bump bump
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Old 10-15-2010, 11:39 AM   #14
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Do you think your money is safe?
It is if you don't keep your life savings on the card.
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Old 10-15-2010, 11:46 AM   #15
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We are now officially on PAXUM.

We are issuing free paxum cards for all webmasters

https://gfy.com/showthread.php?t=992668


Cheers,
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Old 10-15-2010, 11:47 AM   #16
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Just a public service announcement after the epassporte debacle...
Read threads of 2-3 days ago... it's not new at all.... and are you will76 friend?
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Old 10-15-2010, 01:03 PM   #17
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Quote:
Originally Posted by SAC View Post
Paxum and Payoneer use banks in Belize...
Payoneer = http://www.choicebankltd.com/ of Belize
Do you think your money is safe?
Payoneer cards are from First Bank of Delaware in the United States
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Old 10-15-2010, 01:11 PM   #18
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Quote:
The Payoneer Prepaid MasterCard is issued by Choice Bank Limited pursuant to license by MasterCard International Incorporated
Right in there footer...
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Old 10-15-2010, 01:20 PM   #19
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Quote:
Originally Posted by AdultEUhost View Post
Payoneer cards are from First Bank of Delaware in the United States
I received my card and it's from the bank in Belize (it was mailed from Sweden though)
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Old 10-15-2010, 05:34 PM   #20
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Ok, I guess they switched banks. I have the payoneer card for a few years already
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Old 10-15-2010, 06:10 PM   #21
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money is safe when you withdraw it
epass will teach people not to keep way too much money in there...
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