Payment system Paxum (reviews)

Paxum - payment system, which appeared not so long ago. Its appearance became associated with ambitiousness and dynamism of development.

When and by whom was the Paxum system founded?

Paxum, whose reviews are growing exponentially, was established in 2010. That is why it is considered one of the most recent payment systems. Many experts assumed that the system is doomed to substandard work, which in principle is characteristic of many newly created tools. The quality of Paxum's work is due to the fact that its staff employs the lion's share of the staff of another very popular Epassporte system.

The company Paxum Inc was founded in 2007 in Canada. The most useful and effective Epassporte functions found their origin in the new system.

The specialization of this project is not capable of anything to surprise us - its creators did not reinvent the wheel. It is focused on the IT industry with online payment for purchases, Internet services, transfers, and cash withdrawals to bank cards. This specificity of the work is fairly well known, but it still stably finds its consumer on the market.

In what currency are the transactions in the system?

I would like to say at once that in Paxum registration necessarily requires one or two types of accounts. Paxum Personal Account - the first (Personal 0, which is what its name says). Paxum Business Account is a business account. Within each of the accounts there are two different user profiles - Checking and MasterCard.

How do I withdraw money and transfers from Paxum?

For transfers within the system, we use the Checking Account. And in order to cash out money from the card, we will use the MasterCard Account.

This all gives us the possibility of internal transfers, as well as the withdrawal of funds in any currency - both electronic and national. There is a function of converting from one currency to another. Exchange Internet exchanges are special for these purposes, their immediate plus is that they work online and allow you to make a swap in Paxum instantly.

Availability and characteristics of the system

On the Internet, this payment resource for users is available from 2010. At one time in our vast worldwide network there was a project ePassport, which, unfortunately, was closed. Because of this, many are wondering whether Paxum will become its follower, because the same experts work on these two projects. But, to admit, the prospects of our "newcomer" are welcome, because for his rather short time of work, the system was able to acquire fans, and also attract many partners and webmasters. As you know, the requirements of the consumer are very high, since we all want to receive a quality service. This is exactly what the team of project developers is working on, and the feedback on the network about Paxum confirms this.

The official site of the payment system works exclusively in English, there is no Russian interface. But if you know at least the skills of entry-level, you can easily understand the step-by-step instructions provided for performing operations.

The system has its own rules, as well as the conditions - they need to be read. If in the bank the interest of the client's deposit account falls with the passive participation of the client, then in this payment system the profit can be earned only with the user's financial activity in the electronic wallet. The actions of the client are described step by step in the rules and conditions of the Paxum system (what percentage can be obtained - including).

How does registration work with Paxum?

1. Visit the official Paxum.com website.
2. Fill out the fields with personal information.
3. At this stage, you will need a scan of the passport or another document proving your identity (individual pages of importance). Required with a photo in order to confirm the information entered.
4. The debtors in the sphere of housing and communal services will not be able to register, as it is necessary to provide a receipt for the last month, confirming the absence of your debts for housing and communal services.
5. Within two or three weeks you will receive a registered plastic card of the MasterCard payment system (it will be linked to the account for withdrawal of money, as well as replenishment of the account).

In addition to benefits, there are restrictions - they are prescribed in terms and conditions.

The limitations of the payment system are as follows:

• The monthly limit on withdrawing and withdrawing cash from the system is ten thousand dollars;

• The daily limit on crediting funds and withdrawing them is no more than $ 2,500 or ten payment transactions;

• You can withdraw money in any inhabited place of the world only through the received Mastercard card;

• For withdrawing cash from your account, two dollars will be written off;

• To find out the balance, you will pay 50 cents;

• When transferred within the system, the commission will be 25 cents;

• If the transfer is made using MoneyGram or Western Union, the commission fee is $ 5;

• To pay for purchases on the eBay website, you can link a PayPal account to our account;

Paxum's Summary - reviews, pluses and negative points

With all the advantages of the payment system, it has certain drawbacks.

The pluses are:

• high speed of money transfer from the purse to the card;

• transfers between Paxum accounts are instantaneous;

• The commission is absolutely low;

• Issue and delivery of the card to the house are absolutely free, and annual maintenance will cost only 45 dollars for the whole year of the service.

The disadvantages are:

• the Russian-language interface is not provided on the site and in the near future is unlikely to appear there;

• for the system, the biggest disadvantage is the possibility of money laundering, because this causes incredible damage to very many - from individual users to the state economy as a whole.

For the safety of users from fraudulent actions, the creators of Paxum (feedback on which is only positive) are strongly recommended to comply with all the prescribed rules and security measures, because then the service becomes comfortable for the consumer and protected. Do not create simple passwords or pass confidential data to third parties.

What commissions are provided in the system?

With each transfer within the system, a payment is charged with the Persional Account, it will be 0.25 USD, and with the Business Account - 1 USD. To transfer funds, they must first be transferred to MasterCard (its user receives at registration). Regardless of the transfer amount, the Paxum-MasterCard fee is fixed at 0.25 USD. Withdrawal of cash will cost the user 2 USD for each operation. For the payment of goods and services, the commission fee is 1 dollar, but this is only if you pay in rubles or other currency (except for dollar).

What restrictions apply?

The daily rate of withdrawal is not more than 2500 USD. The monthly limit is 10,000 US dollars, the transfer within the system is equal to the sum of the monthly rate. But the amount of funds stored on the account, there is no limit.