So what exactly is their purpose? Just to promote Paxum here? Maybe thats why everybody is lashing out against you guys? Nobody likes a pumper.

Like I said I have not done enough research to be certain, just know they have been around for a bit. You could be entirely right however.

Isn't that the same bank that Payoneer uses?

as far as I'm aware...

OK just did. The one thing I get out of it is that they seem far more established and don't have a million useless reps here blowing each other. The fact that Yuval could be involved in a plot to kill the leader of Hammas is a plus IMO.:thumbsup

The remote reps are doing way more than just posting on message boards.

They are your connections to our program - just because they cant go in and see all your personal details ( that should be a good thing ) doesnt mean they are not doing anything.

They work directly with companies and get them everything they need. They know the system in and out.

No different than half the remote reps working programs.

Also there are only 4 or 5 people here on gfy that i am aware of that have something bad to say about us.

Do tell.

Ruth, seriously - why does CashX send out cards issued by Palm Desert National Bank in California internationally then?

One of the reasons could be that they issue Travel Cards. I might be wrong. All i know is that from our negotiations with numerous US banks, they all wanted majority of the cardholders to be from US and use the card in the continental USA. Some US banks did offer a solution for our international clients but the limits and other restrictions made us look offshore for greater flexibility.

So travel cards weren't an option for you? To be honest I wasn't able to find a real difference between a MC travel card and a regular MC debit card.

Just out of interest, personally I have no problem with you using Choice Bank.

Travel Cards have some limitations on where and how it can be used. As I previously stated the limits are very low on such cards and we want our users to withdraw money faster and not keep it in the e-wallet. Don't forget we make money only once people make the transactions. Now the higher the limits (like $2500 per day), the faster people can withdraw their funds. Plus due to the recent Epassporte events, this should be another reason to use Paxum.

Credit Card Status: Printing :)

Don't mean to bust your balls but your so wrong. Due to recent Epass events, this is another reason not to send your money to another offshore bank. If we learn anything from epass this is it, plain and simple. I also did a due dilligence on all alternative and I found that by using an Choice Bank you are putting yourself at a larger risk. Choice offer card services to other company as well like paytoo.com, payoneer and who know how many more but like other offshore bank they also issue card to high-risk businesses, meaning that if one of these company that use Choice violated Visa/MC policy like gambling or whatever, the Bank will gone tumbling down even if it wasn't the fault of Paxum.

CashX on the other hand operate in at least 5 countries and issue card worldwide base on your geographical location I believe. Not to mention they been in biz about 4 years. Furthermore, their money are insured, so that if PimpRoll for example send in 20K to pay their affiliates and the bank go bust they are protected. So it understandably why they aren't willing to sign up with anyone yet as I'm sure they lost a lot from the Epass mess.

Granted, I'll give paxum the upper hand when it comes to card convenience although CashX is not that much of a difference. But I can say with certain down the road another card service will fail and when they do people will be scrambling again. The convenience of the card like max withdraw should not be anyone main concern. Their concern should be which card services is the SAFEST.

I don't have an issue with Paxum as people may think. I actually seriously consider signing up at one point until someone on this board introduce CashX. I just felt CashX is a SAFER alternative.

MY PAXUM CARD JUST ARRIVED ;) Now I am going to try to activate it and make first ATM withdrawal!

As far as I know right now people with Epassporte Visas are in a better position getting their money then the people who have funds in the E-Wallet.

I don't know why you bring up the FDIC insured issue all the time. I am sure Epass also held a lot of their money in an FDIC insured bank and what happened? It only protects you from the bank going belly up and that's it. You make such a big deal about it and portray this as if FDIC will pay people if CashX decided to run away with the money, the government will pay for it. (I am not saying CashX will do so) :)
Now most of the webmasters realize that a chance of having the Bank disappearing is dramatically lower then E-Wallet company taking the funds and closing the shop. So with our solution we allow them to withdraw their funds faster, thus reducing their risks.

I have paxum card and work with no problems

Activation is easy, work online and withdraw with no problems

Well, Steve, but at the same time you or at least your fellow Paxum reps always repeat again and again that you use BMO which is backed by Canadian Government. It's exactly the same, and doesn't mean at all that it's easier for us or even guaranteed to get our money out if you fail.

Which is the reason I don't care what Paxum or CashX reps write about FDIC or Canadian Gov ensured funds, as it's just a help if the bank is shutting down, which wasn't the case with ePass - the vulnerable point are usually the e-wallet systems, not the banks used.

Personally, I chose Paxum because withdraw limits are much higher and I don't like CashX's inactive card fee of $5 per month.

Thanks for the info :thumbsup

Good choice :) We have more and more sponsors joining daily. A lot of them are very big and should make announcements shortly.

Not really. Both are as bad: http://www.epassportelawsuit.com/


Because an extra layer of protection does bring me a piece of mind. Epass only kept Mallick's money in FDIC bank, the rest of us offshore. Please note that I never think you guys will do something that will cause the bank or card to go collapse. I'm more worry with other card services that Choice also issue. What we don't know about them such as what the purpose of their operation like gambling. If MC decided to take away card from Choice due to one of these illegal card operator then that will affect paxum as well. I think the people who work at the Choice will most likely steal the money than paxum do. Once they get lots of funds in not only from paxum but others as well they'll can't help but use it to either spend it for themselves or operate as a Ponzi skeme if they invest the money they recieve and that investment fails. That's what bank do they invest money and give out higher return and especially with offshore they are pressure to give even higher returns. I'm worry that they will either spend/stole or invest the money from difference card company they issued that deposit into the bank, weather, you tell people to widthraw it asap or not it not the point because once the bank it collapse that's it you are doom and people will be scrambling again. How else will they be able to use the card? I hope you understand what I'm saying.

I know some people are concern about cashx fee, but to me it pretty comparable. Beside I'm not going to bitch about something that is $2 more just to widthdraw. I just rather be safe than sorry. Maybe down the road 2 years from now I might sign up but just not now.

Steve, never heard of you until you pop up but I must say you do pop up for the good. You don't sound like some of your other stupid trolling reps just yet and hopefully not. My advice would be don't become them and admit it there are issue with paxum or paxum have limitations and being up front and honest not like the reps trying to make it look like paxum is perfect or skid the truth to make it looks good. Just remember people on this board is not stupid. That is all I'm going to say in this thread. Best of luck to you.

I am pretty sure that the Bank is not doing anything to jeopardize their relationship with MC. If they allow gambling, then they can do it legally. Also we are here for the long term and learned the lesson from Epassporte. We will be having multiple banking relationships to make sure that if something happens beyond our control, we can quickly replace the cards to our webmasters and compensate the loss with our own funds. I am actually very surprised that Epassporte didn't have a back up solution in place and just let a successful business collapse.

Nice to see pimproll on the list: https://www.paxum.com/payment/sponso.../sponsors.xsl& :winkwink:


:1orglaugh

Will,

We make mistakes as all human beings. I understand why you might not like us, but thousands of webmasters need our service and that's why we are growing so fast. We are adding sponsors daily (i know you will make fun of that mistake with that list) but nonetheless the list is growing. We haven't put many programs there since we are waiting for official announcements from program owners. You made your point that you don't trust our company. We can't do anything at the moment to prove to you otherwise, however in due time we will prove ourselves.

I don't think will doesn't like you guys as much as he doesn't trust a company that pops out of nowhere and asks people to let them manage their money.

I have to add I love how people think receiving a paxum card and testing it means everything is good to go. Anybody starting an epass alternative will have everything running when you test it. How safe is your money that is the real question.

Sponsors are also leary. I know of a few that funded the night before ePass decided to go bye bye, yet did not payout to the affils VVisas, and they still do not have their money back. That is a huge issue. Sponsors are no longer idiots with this kind of thing.

Fool me once........ type of thing.

:2 cents:

Shap I agree that it might look that way. But there is nothing we can do to prove that we are here for the long run and have no intention of screwing people. We have been wanting to launch after the new year and knew it would be a tough battle to win people over from Epass. With Epassporte gone, we couldn't delay the launch. This whole situation made us grow enormously the past 20 days since we have been open to the public. If I were Chris Mallick and lost all epass money due to bad investments, I would find the money somewhere to compensate the loss by selling a part of my business, but i would definately keep the cash flowing. What he did to the company can't be explained and his unlogical decision will hunt our company for a long period. Thats why we also want people not to use us as a bank. Get the money and withdraw it asap. Dont keep it there for long. Since this way we also protect ourselves in the case where our bank loses its ability to work with MC. The less cash that is sitting in the prepaid card accounts, the easier it is to comensate that loss with our own funds.

Yeah Epass and Webmaster Checks two nice big hits.

As a competitor dropping the old "he lost everyone's money with bad investments" seems a little shitty on your end. That has been 100% unsubstantiated rumor and as someone trying to build their business you should probably stay away from rumor and stick with facts. Just my :2 cents: