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How do you get money out of your paxum account?

Discussion in 'Making Money' started by PineappleCrush, May 9, 2017.

  1. PineappleCrush

    PineappleCrush Regular Member

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    I have moved to paxum now cos i didn't want to 'upgrade' payoneer to bullshit first choice and their added fees.

    I am set to get my first payment in a few days but since I wasn't given a card like with payoneer Im wondering how do I get my money out?

    I want the cheapest option of course.
     
  2. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    Can't you just apply for a card?
    Direct link: https://www.paxum.com/payment/creditCardApply.php?view=views/creditCardApply.xsl

    Paxum has fees too though, it's not free either, honestly you should have gone with Firstchoice Pay, the fees are the same as with Payoneer, it's not more expensive and it comes with a card, plus the transition would have been painless, now you need to figure out how to take out your money from Paxum. If you work with adult only, you can close your Payoneer account or just empty the balance and the account will be disabled automatically after a couple of months inactivity/zero balance, which can be re-enabled later. So you pay only the fees associated with your Firstchoice Pay account.

    Paxum is kinda pricey. A wire costs $50, cheque withdrawals cost only $5, but cheques are so medieval. If you have a US checking account, the ACH transfer is only $5 too. If you can link the US Payment Service of Payoneer to your Paxum account, you can transfer your Paxum funds there for $5, so you can access those funds with your Payoneer card. But maybe this doesn't work at all.

    Try applying for a Paxum card first and see if that works.
     
  3. GrumpyBoy

    GrumpyBoy Regular Member

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    See if you can do a EFT transfer to your bank account.

    I can do EFT transfer in india.

    A guy here is telling me that getting paid from adult affiliate program is illegal in India. Is it true? Please I need advice as I have made $89 in Chaturbate and want to payout
     
  4. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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  5. sam.hunt0710

    sam.hunt0710 Jr. VIP Jr. VIP

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  6. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    Most illegal things are not impossible to do, they just happen to be against the law. :)
     
  7. PineappleCrush

    PineappleCrush Regular Member

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    The fees aren't more or I wouldnt have gone with them!

    Paxum doesnt charge for lack of actiivty or lower earnings whereas firstchoice punishes you for not being a regular earner.

    There is also a monthly fee on firstchoice but not on paxum.

    I don't have a problem with check temporarily till I get a card. Moving house soon so dont want to order a card yet. I will just keep the money in my account till I am ready to cash out next month onward.

    What does eft and ach mean. I know what they stand for but how do I know what if they apply to my bank account?

    I am looking at the fees here and they seem fine but $0.25 for escrow seems best- is escrow going to be what it would be if you withdraw using a paxum card? That is what I did with payoneer; I'd just use my card and do manual withdrawals when I needed to.
     
    Last edited: May 9, 2017
  8. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    The ACH transfer is a direct deposit to US checking accounts, it only works if you have a US checking account obviously. Giving a second thought to the US Payment Service by Payoneer, that might not be good to link with Paxum, because it's for receiving ACH payments from companies but not from individuals, those payments are getting rejected.

    Honestly i'm not sure about EFT, because a wire is EFT too according to the Wikipedia article, yet they have different prices at Paxum. In a nutshell it's some kind of automated transfer, where there's no need for direct bank staff intervention. It's called e-check in the US.

    The Paxum escrow is what escrow means generally: http://paxumblog.com/2015/02/02/paxum-introduces-new-escrow-transfer-payment-option/, it has nothing to do with cards/ATM withdrawals.

    The fees you linked are not related to the Paxum card, those apply to the e-wallet only, the card must have its own set of fees. I found something, not sure how accurate is it now:
    Paxum card annual fee: $44.95, ATM withdrawal: $2, POS transaction: $1.
    http://paxum.blogspot.com/p/fees.html

    Deciding which of these services are the cheapest is not always possible, because it varies by individuals. For me Payoneer/FCP is ideal, i get regular payments to the card, i use the card regularly, so there's no inactivity fee and even if there would be, it's only $3 per month. They only charge $1.50 per wire transaction if there's no currency conversion or up to 2%, if there is, so i need to wire at least $2.5k to a non-USD account to reach Paxum's $50 per transaction wire fee, which is getting charged even if i wire only $1. There are no POS transaction fees with Payoneer/FCP and i use my card mostly for purchases, i withdraw cash relatively rarely, maybe once every 2 months. For me Payoneer/FCP is cheaper.
     
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  9. andy1

    andy1 Junior Member

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    i think their is possible withdrawan to credit card also with lesser fees
     
  10. DonMathew401

    DonMathew401 Newbie

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    Hey, how is it going guys?
    I am from India and I wanted to use Paxum for affiliate marketing. Is it possible to transfer money from Paxum to an Indian bank account? Would like to talk to someone who has done that, and we can discuss anything about India too :)
     
  11. andy1

    andy1 Junior Member

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    Yes,wire i have done with 50$ fees..and cc with lesser fees too