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Old 03-01-2020, 04:08 PM   #1
mopek1
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Got my Paxum Union Pay Card

Activated it, loaded it and withdrew money from the ATM.

I was only able to get $500 out at one time. I thought the limits were higher for Union Pay but perhaps I misunderstood.

At least it's working and we can withdraw cash again.
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Old 03-01-2020, 07:00 PM   #2
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Old 03-01-2020, 07:18 PM   #3
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Mine shows as shipped. We shall see.
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Old 03-02-2020, 01:42 AM   #4
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What's the ATM transaction fee when withdrawing in currency other than USD? For Trucash card it was 2,5%, for Wirecard it's 3%. Unionpay card?
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Old 03-02-2020, 03:57 AM   #5
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Weird ... paxum.com came with the announcement of the new unionpay cards on 6 February 2020

I have "successfully" requested a card on February 7, 2020, but since that day the newly requested card is on "PENDING".

We are today March 3, 2020.
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Old 03-02-2020, 04:22 AM   #6
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Originally Posted by Dreamteam View Post
Weird ... paxum.com came with the announcement of the new unionpay cards on 6 February 2020

I have "successfully" requested a card on February 7, 2020, but since that day the newly requested card is on "PENDING".

We are today March 3, 2020.
Mine is "pending" since Feb 05 but I have Paxum Wirecard so I thought it's because they are first issuing them to those who don't have any card.
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Old 03-02-2020, 07:45 AM   #7
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Mine is "pending" since Feb 05 but I have Paxum Wirecard so I thought it's because they are first issuing them to those who don't have any card.
Denny, ... I don't have a paxum card anymore since the "original" cards stopped working.
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Old 03-02-2020, 09:09 AM   #8
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Old 03-02-2020, 10:18 AM   #9
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What's the ATM transaction fee when withdrawing in currency other than USD? For Trucash card it was 2,5%, for Wirecard it's 3%. Unionpay card?
Not sure yet.

As for fees so far I am paying (or have paid)

- $45 for the yearly card fee. (Charged as soon as I activated it).
- $1 to change the PIN
- $2 ATM withdrawal fee (+ The local bank machine takes $3)
- $0.25 for ATM decline fee (Insufficient funds on first attempt although it should have said that the amount I am asking for exceeds my limit as I had sufficient funds).
- $0.25 to load the card.

So for me it's about $5 to make a withdrawal of $500. That's why I was hoping the limit would be $1000.
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Old 03-02-2020, 12:09 PM   #10
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good news
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Old 03-02-2020, 02:00 PM   #11
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Got mine today, will test it tonight
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Old 03-03-2020, 07:02 AM   #12
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Old 03-03-2020, 09:19 AM   #13
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Anyone know the card limits?

Loading, withdrawing etc.. I can't find where they are on the site.
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Old 03-03-2020, 10:33 AM   #14
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Originally Posted by mopek1 View Post
Anyone know the card limits?

Loading, withdrawing etc.. I can't find where they are on the site.
Quote:
Fast Facts – Paxum Unionpay Card

Balance/Load
Maximum balance at any time $30,000.00
Maximum Monthly load $30,000.00
Maximum Annual load $300,000.00
Maximum Daily load $5,000.00

POS
Maximum POS daily $2,000
Maximum POS monthly $20,000
Maximum POS Yearly $200,000

ATM
Daily ATM withdrawal limit $3,000.00
Monthly ATM withdrawal limit $30,000.00
Annual ATM withdrawal limit $300,000.00

Fees
Annual Fee - $44.95 USD
ATM withdrawal - $2 USD
POS transaction - FREE
Balance inquiry - $1 USD
Decline fee - $0.50 USD
...but I'm still missing the ATM transaction fee when withdrawing in currency other than USD. For Trucash card it was 2,5%, for Wirecard it's 3% so I guess there will be any too.
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Old 03-03-2020, 10:53 AM   #15
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...but I'm still missing the ATM transaction fee when withdrawing in currency other than USD. For Trucash card it was 2,5%, for Wirecard it's 3% so I guess there will be any too.
Thanks for the quote.

I believe what you just quoted is what Paxum sent out but that doesn't seem to be accurate for me anyway.

For example, my decline fee was $0.25 and not $0.50

My ATM withdrawal limit was $500. I tried to withdraw $1000 Canadian which would have been only $700+ US dollars (card loaded to over $1000US) but the ATM declined my request.

Maybe Ruth can chime in.
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Old 03-03-2020, 12:02 PM   #16
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Originally Posted by mopek1 View Post
Thanks for the quote.

I believe what you just quoted is what Paxum sent out but that doesn't seem to be accurate for me anyway.

For example, my decline fee was $0.25 and not $0.50

My ATM withdrawal limit was $500. I tried to withdraw $1000 Canadian which would have been only $700+ US dollars (card loaded to over $1000US) but the ATM declined my request.

Maybe Ruth can chime in.
The fees are listed on our site - https://www.paxum.com/fees/personal



Let me double check on the limits. It's $3,000 USD per day, but I don't know if the per transaction limit differs.
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Old 03-03-2020, 12:42 PM   #17
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My ATM withdrawal limit was $500. I tried to withdraw $1000 Canadian which would have been only $700+ US dollars (card loaded to over $1000US) but the ATM declined my request.
The ATM for what i know may have a limit per transaction you can withdraw; this could be the why you could have been limited ?

The store where is the ATM make money too Splitting the Fee's with the ATM owner.
The more Transaction needed to take money out the more Transaction fee they are getting.

Here an exemple : some bar around where i live, if you use the ATM you can withdraw only $200 - $300 per transaction.

BTW I did Tried my card today at a TD bank ATM at the mac's/ Circle K store. Worked like a charm got my funds.
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Old 03-03-2020, 01:07 PM   #18
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I just tried the card withdrawing euros and they charged me 4 € fee. Not sure if is due the bank, tomorrow I will try in a different bank, but I think is a bit high...
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Old 03-06-2020, 07:36 AM   #19
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So I went to the ATM again.

I tried withdrawing $1000 and I got a decline message saying that the amount requested exceeds my withdrawal limit. So I tried at $500 and was successful.

So it seems that Paxum has an ATM daily withdrawal limit of $500. I thought I read somewhere that the limits were $1000.

Also, this is my second time withdrawing at this machine. The first time they charged $3.00 and this second time was $3.50 ? Not sure what this bank is doing.

Anyway, just so you know.
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Old 03-06-2020, 08:00 AM   #20
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So I went to the ATM again.

I tried withdrawing $1000 and I got a decline message saying that the amount requested exceeds my withdrawal limit. So I tried at $500 and was successful.

So it seems that Paxum has an ATM daily withdrawal limit of $500. I thought I read somewhere that the limits were $1000.

Also, this is my second time withdrawing at this machine. The first time they charged $3.00 and this second time was $3.50 ? Not sure what this bank is doing.

Anyway, just so you know.
Maybe try to withdraw 2 x $500? Daily ATM withdrawal limit should be $3,000.00 for Union Pay card. Not sure if you can withdraw $3,000 in one transaction or if there is a lower limit per transaction ($500?).
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Old 03-06-2020, 08:42 AM   #21
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Maybe try to withdraw 2 x $500? Daily ATM withdrawal limit should be $3,000.00 for Union Pay card. Not sure if you can withdraw $3,000 in one transaction or if there is a lower limit per transaction ($500?).
Yeah, I'd like to know that too. Ruth said she was going to double check the limits and get back to us so I hope she posts here when she does.
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Old 03-06-2020, 11:34 AM   #22
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the ATM daily limit is as listed
if you are getting a "limit" per transaction / day that is from the ATM you are using - not us.
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Old 03-06-2020, 11:49 AM   #23
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the ATM daily limit is as listed
if you are getting a "limit" per transaction / day that is from the ATM you are using - not us.
Hi Chris,

Where is it listed? I can't find it.
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Old 03-06-2020, 12:13 PM   #24
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Hi Chris,

Where is it listed? I can't find it.
Balance/Load
Maximum balance at any time $30,000.00
Maximum Monthly load $30,000.00
Maximum Annual load $300,000.00
Maximum Daily load $5,000.00

POS
Maximum POS daily $2,000
Maximum POS monthly $20,000
Maximum POS Yearly $200,000

ATM
Daily ATM withdrawal limit $3,000.00
Monthly ATM withdrawal limit $30,000.00
Annual ATM withdrawal limit $300,000.00

Fees
Annual Fee - $44.95 USD
ATM withdrawal - $2 USD
POS transaction - FREE
Balance inquiry - $1 USD
Decline fee - $0.50 USD
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Old 03-06-2020, 01:29 PM   #25
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ATM
Daily ATM withdrawal limit $3,000.00


...

I assume no limit per withdrawal attempt? Meaning we can withdraw the full $3000 in one attempt?
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Old 03-06-2020, 01:54 PM   #26
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Originally Posted by mopek1 View Post
ATM
Daily ATM withdrawal limit $3,000.00


...

I assume no limit per withdrawal attempt? Meaning we can withdraw the full $3000 in one attempt?
Yes you should be able to withdraw in one attempt, but it also depends on the limits the machine you're using has in place. Many ATMs have their own withdrawal limits.
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Old 03-06-2020, 05:16 PM   #27
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Yes you should be able to withdraw in one attempt, but it also depends on the limits the machine you're using has in place. Many ATMs have their own withdrawal limits.
Perfect.

Thanks.
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Old 03-07-2020, 09:29 AM   #28
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Again no tracking number?
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Old 03-07-2020, 09:41 AM   #29
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Yes you should be able to withdraw in one attempt, but it also depends on the limits the machine you're using has in place. Many ATMs have their own withdrawal limits.
Not if you live in the Netherlands... I need to drive to Germany and browse for ATM who support this card. EFT is cheaper. Also.. could not find a online store within the EU who accepts this card...
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Old 03-09-2020, 12:45 PM   #30
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How to fund a Paxum account with bank wire? I got a message from support asking me for an "invoice" and "contract". This never happened before.

All i need is to fund the account to be able to pay webmasters for random services (coding, hosting, advertising, sem/seo marketing etc).
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Old 03-09-2020, 01:30 PM   #31
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Ask Ruth at [email protected]
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Old 03-15-2020, 11:32 PM   #32
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The fees are listed on our site - https://www.paxum.com/fees/personal



Let me double check on the limits. It's $3,000 USD per day, but I don't know if the per transaction limit differs.
Limits on card is 2,500$, not 3,000$!!!
And now my account limited after 1 week card recived
Yep card and account do not work!!! Why is it happens?
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Old 03-15-2020, 11:33 PM   #33
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Quote:
Originally Posted by Chris View Post
Balance/Load
Maximum balance at any time $30,000.00
Maximum Monthly load $30,000.00
Maximum Annual load $300,000.00
Maximum Daily load $5,000.00

POS
Maximum POS daily $2,000
Maximum POS monthly $20,000
Maximum POS Yearly $200,000

ATM
Daily ATM withdrawal limit $3,000.00
Monthly ATM withdrawal limit $30,000.00
Annual ATM withdrawal limit $300,000.00

Fees
Annual Fee - $44.95 USD
ATM withdrawal - $2 USD
POS transaction - FREE
Balance inquiry - $1 USD
Decline fee - $0.50 USD
Correct:
Daily ATM withdrawal limit $2,500.00
Decline fee - $0.25 USD
One Time withdrawal limit 500$
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Old 03-16-2020, 03:02 AM   #34
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One Time withdrawal limit 500$
That's what I am experiencing too.

One time withdrawal limit of $500.

I haven't yet tried withdrawing 2X$500 within minutes of each other. I'll try that soon.
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Old 03-16-2020, 09:46 AM   #35
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And finaly:
ATM withdrawal - $2 USD + 1.5%
+ account ban after 4+ transactions
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Old 03-17-2020, 04:43 AM   #36
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500 limit for single withdrawal is what i'm seeing as well. Can do more then 1. Around 3% difference from mid market rate conversion is what i'm seeing. Pretty standard and how it was always with these cards.
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Old 03-17-2020, 04:53 AM   #37
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500 limit for single withdrawal is what i'm seeing as well. Can do more then 1. Around 3% difference from mid market rate conversion is what i'm seeing. Pretty standard and how it was always with these cards.
I'm going to try 2 X $500 withdrawals today, one right after the other and report back.
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Old 03-17-2020, 06:49 AM   #38
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lol, they don't know the card limit ? this mean to spend the 3k daily limit with atm,you pay 18% currency conversion ?
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Old 03-17-2020, 08:23 AM   #39
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Okay.

Just did 2 withdrawals in a row (within 1 minute of each other) for $500 each.

Can't do over $500 per transaction.
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Old 03-17-2020, 08:27 AM   #40
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Okay.

Just did 2 withdrawals in a row (within 1 minute of each other) for $500 each.

Can't do over $500 per transaction.
Great news, i'm also going to the Atm later on today
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Old 03-17-2020, 09:10 AM   #41
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lol, they don't know the card limit ? this mean to spend the 3k daily limit with atm,you pay 18% currency conversion ?
No, but 6x$2 (ATM withdrawal fee).
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Old 03-17-2020, 09:15 AM   #42
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I dont know why but I tried today to activate the UnionPay Card and I wrote last 4 digits of card number and said that: 'The following cards were not activated.'
Anybody have same issue when tried to activate the card today ?
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Old 03-17-2020, 09:47 AM   #43
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I dont know why but I tried today to activate the UnionPay Card and I wrote last 4 digits of card number and said that: 'The following cards were not activated.'
Anybody have same issue when tried to activate the card today ?
yes i have the same
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Old 03-17-2020, 10:20 AM   #44
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No, but 6x$2 (ATM withdrawal fee).
how ? unionpay cards users that withdraw with international atm will charge currency fees (2-3%)+2usd each transaction ,let's do the math to spend the daily 3k limit, $2x6+2-3%x6 .you are talking about us based atms and worldwide atm with usd .
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Old 03-17-2020, 10:45 AM   #45
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$10-15 x6 +12 = 72 to 102 usd
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Old 03-17-2020, 10:59 AM   #46
Denny
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Originally Posted by gorillaz_ View Post
how ? unionpay cards users that withdraw with international atm will charge currency fees (2-3%)+2usd each transaction ,let's do the math to spend the daily 3k limit, $2x6+2-3%x6 .you are talking about us based atms and worldwide atm with usd .
Yep, but currency conversion fee will always be 2-3%, I'm not sure where you got 18%.

$3000 x 0,03 = $90 + $2

$500 x 0,03 = $15 + $2

So if you want to withdraw $3000, you need to make 6 transactions and the fees are $102 in total.
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Old 03-17-2020, 11:03 AM   #47
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yes i have the same
Hope it will fixed soon
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Old 03-17-2020, 05:15 PM   #48
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lol, they don't know the card limit ? this mean to spend the 3k daily limit with atm,you pay 18% currency conversion ?
You have issues with math.
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Yep, but currency conversion fee will always be 2-3%, I'm not sure where you got 18%.
Exactly. The fee is 2$xtimes_you_withdraw+3% of total amount from all the transactions.
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Old 03-18-2020, 03:28 AM   #49
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You have issues with math.

Exactly. The fee is 2$xtimes_you_withdraw+3% of total amount from all the transactions.
it was typing error , but this like 2.4% - 3.4% total .
https://gfy.com/22627950-post45.html
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Old 03-18-2020, 04:34 AM   #50
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I didn't get my card yet and it was shipped 20 days ago
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