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-   -   Paxum, Payoneer and Belize (https://gfy.com/showthread.php?t=992652)

Fat Panda 10-15-2010 10:34 AM
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?

CyberHustler 10-15-2010 10:39 AM
The sheep will follow anyway...

http://scienceblogs.com/isisthescien...ff%20cliff.jpg

Dreamteam 10-15-2010 10:41 AM
Quote:
Originally Posted by SAC (Post 17610069)
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

Fat Panda 10-15-2010 10:44 AM
Just a public service announcement after the epassporte debacle...

seeandsee 10-15-2010 10:44 AM
i agree to the TOS, case closed, money cashout immediately :)

Phoenix 10-15-2010 10:44 AM
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

BVF 10-15-2010 10:45 AM
I've been to Belize and have met with folks in their National Bank in Belize City....They're legit...

_Richard_ 10-15-2010 10:51 AM
it's not meant to be a banking service?

brassmonkey 10-15-2010 10:51 AM
why are these companies banking abroad?

Fat Panda 10-15-2010 10:58 AM
Quote:
Originally Posted by brassmonkey (Post 17610135)
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...

Adraco 10-15-2010 10:58 AM
Quote:
Originally Posted by brassmonkey (Post 17610135)
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.

Tempest 10-15-2010 11:06 AM
Quote:
Originally Posted by SAC (Post 17610151)
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.

brassmonkey 10-15-2010 11:27 AM
bump bump

Jarmusch 10-15-2010 11:39 AM
Quote:
Originally Posted by SAC (Post 17610069)
Do you think your money is safe?
It is if you don't keep your life savings on the card.

Nick-Mindgeek 10-15-2010 11:46 AM
We are now officially on PAXUM.

We are issuing free paxum cards for all webmasters :winkwink::winkwink:

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


Cheers,

x-rate 10-15-2010 11:47 AM
Quote:
Originally Posted by SAC (Post 17610110)
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? :)

AdultEUhost 10-15-2010 01:03 PM
Quote:
Originally Posted by SAC (Post 17610069)
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

Fat Panda 10-15-2010 01:11 PM
Quote:
The Payoneer Prepaid MasterCard is issued by Choice Bank Limited pursuant to license by MasterCard International Incorporated
Right in there footer...

Ron2k1 10-15-2010 01:20 PM
Quote:
Originally Posted by AdultEUhost (Post 17610635)
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)

AdultEUhost 10-15-2010 05:34 PM
Ok, I guess they switched banks. I have the payoneer card for a few years already

HomerSimpson 10-15-2010 06:10 PM
money is safe when you withdraw it
epass will teach people not to keep way too much money in there...


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