Originally Posted by NewNick

Unfortunately the regulatory climate is not helpful for these companies.

Governments do not like funds moving around the world without the correct taxes being levied, and the ultimate beneficiaries of that money being identified.

Paxum, Payoneer / Firstchoice they are all struggling to maintain their services as more and more banks decide that their business does not fit with their risk profile.

I dont think that the Paxum peeps are doing anything malicious, just a sign of the times.

We took a decision some time ago that we use wire only from now on.