Ever wished your bank was more flexible to your needs? Paxum is the solution. Paxum Inc. is not a banking institution but we offer most of the services that your bank might do plus many more as an e-wallet system. As a business owner your daily operations might include paying numerous employees, affiliates or vendors. As a Paxum business account holder, you can save a lot of time, headaches and money by using our e-wallet system for all your financial needs. You can instantly issue Paxum personal accounts to your employees or affiliates and pay them by transferring money from your Paxum business current account to theirs. The money is available right away in their e-wallet account. This is the fastest and most cost effective method to pay people nowadays. We offer you a one-stop solution for most of your business needs so you can concentrate on running and growing your business.
By opening an account with Paxum, you automatically create yourself a current account in our e-wallet system. The default currency of your account is USD (US dollars) but other currencies are available upon request. With your current account you can:
Transfer Funds With just one click you can initiate an internal or external money transfer.
Internal money transfers are transfers within PAXUM E-Wallet system. They include:
External money transfers are made outside Paxum E-Wallet system to your bank account. You can make a transfer to your verified bank accounts anywhere in the world.
Receive Money Paxum allows account holders to receive money to their account in various ways. These methods include:
Verification of an account is a procedure where Paxum account holder sends or uploads his proof of identity to our verification department. Once this procedure is done your limits will be upgraded.
** Can be raised upon request
Fees (not related to the card)
all fees are in USD
* Some restrictions apply