PAXUM Personal

Overview

Manage your finances with Paxum Personal Account.

If you are an online entreprenuer and receive your earnings from multiple places, Paxum e-wallet helps you better control your finances. Not being attached to any location allows you to save time and be free: freedom of traveling around the world or simply having more time to relax at home, this is Paxum. Most banks will not offer you sophisticated online banking or will not allow you to make transfers from your accounts online. This is very inconvenient and when most of the online users are now used to instant processes, it also becomes very aggravating and time consuming. To solve this problem Paxum allows users to send and receive money directly to your Paxum account by either a wire transfer, direct deposit or Paxum online transfer between other Paxum users. By accumulating all your funds in one place, you can further withdraw that money at any ATM, make purchases with your Paxum Prepaid Card on any website or brick and mortar store/restaurant or simply transfer the money from your Paxum account to your personal bank account anywhere in the world.

By opening an instant account online with Paxum, you right away have an access to the full e-wallet system, where you can receive money from other Paxum account holders, or load money with a wire transfer. You can also open a prepaid card account with a Paxum Prepaid Card attached to it. Just transfer funds from your current account to your prepaid card account and the funds will be available on your Paxum Prepaid Card to be used as you find fit.

CURRENT ACCOUNT

By opening an account with Paxum you automatically create a current account in our e-wallet system. The default currency of your account is USD (US dollars). With your Paxum current account you can:

  • Receive money from other Paxum users.
  • Send money to other Paxum users instantly.
  • Load funds to your Paxum account from your bank account anywhere in the world.
  • Load funds to your Paxum account by regular check by mail.
  • Transfer funds to your Prepaid Card Account to be used by your Paxum Prepaid Card.
  • Withdraw funds via Wire Transfer to your bank account anywhere in the world.
  • Withdraw funds via Check by mail.

*Please note we cannot accept any 3rd party Bank Wire Transfers to fund your account.

PAXUM Prepaid CARD ACCOUNT

When you signup to become a Paxum account holder, you can request a Paxum Prepaid Card connected to your prepaid card account. Your Paxum Prepaid Card is issued in USD funds and can be used anywhere in the world where MasterCard® is accepted. You can always load money to your prepaid card by either transferring funds from your current account.

Please note that money available in your current e-wallet account cannot be withdrawn directly from your Paxum Prepaid Card unless you transfer money from your current account to the prepaid card account first.

OPTIONSAvailability
Add Funds
Current Account Paxum Prepaid Card Account
  • By Wire transfer from your bank account.
  • By check or money order send to us by mail.
  • By Credit Card.
  • Transfer from your current Paxum account.
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:
  • Transfers between your current e-wallet account and Paxum Prepaid Card account.
  • Transfers to other Paxum account holders.

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 its account holders to receive money to their account in various ways. These methods include:
  • Instant transfer from other Paxum account holders.
  • Incoming bank wire transfer.
  • Check or money order send to us by mail.

ACCOUNT LIMITS

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.

  Verified Account Limits Unverified Account limits
  Current accounts Prepaid Card Accounts Current accounts
  Monthly Daily Monthly Daily Monthly Daily
Account Balance unlimited unlimited Not to exceed $10,000 at any time Not to exceed $10,000
Incoming Funds
note: includes money received from other Paxum users or from external funds 		unlimited unlimited

Up to $10,000

 $2,500 Not to exceed $10,000 $10,000
Funds Withdrawal $10,000 per day Up to $2500 per day $0 $0
Number of Transactions 75 5

10 ATM Withdrawals per day

and
10 POS Transactions per day

0 0

Fees

all fees are in USD

Current Account Monthly Maintenance FREE
Paxum Prepaid Card Account Maintenance (paid yearly) $44.95
Paxum Prepaid Card issue FREE
Card Activation FREE
Domestic ATM Withdrawal (USA) $2.00
Domestic POS Transaction (USA) $1.00
International ATM Withdrawal $2.00
International POS Transaction $1.00
Declined Transaction $0.50
Pin Code Change $1.00
ATM Balance Inquiry $0.50
Replacement Card $44.95
Paxum Prepaid Card Delivery - Domestic (USA) Standard Shipping - FREE
Express Shipping - $50.00
Paxum Prepaid Card Delivery - International Standard Shipping - FREE
Express Shipping - $95.00
Funds Transfer From Current To Paxum Prepaid Card Account $0.25
Funds Transfer To Other Paxum Account Holders $0.25
Loading Funds By Wire $50.00
Loading Funds By Check or Money Order $5.00
Loading Funds by Credit Card 4.95% + $0.50
Funds Withdrawal From Current Account by Wire $50.00
Funds Withdrawal From Current Account by Check $5.00
Funds Withdrawal From Current Account By EFT $8.95
Loading Funds By EFT Temporarily unavailable
Funds Withdrawal From Current Account By ACH $5.00
Loading Funds By ACH $5.00
EFT (ACH) Returned Transaction $25.00
EFT (ACH) Bank Account Verification $1.00
Authorization for Loading Funds By Credit Card (one time per external card if used) random amount $0-$3
* Some restrictions apply