Paxum is changing
Just got this email
Paxum is changing the way you get paid from USA Business Account-Holders. As of today, all your invoices to US Payers, will be sold to Paxum and paid instantly by Paxum. We will present all purchased claims to the US Payer ourselves and collect the funds directly from the US Payer. Also we are introducing the following additional fees to Paxum Account Holders in order to continue providing you with the best service possible: Personal Account Holders will be charged $0.25 USD per received Paxum payment. Busines Account Holders will be charged $1.00 USD per received Paxum payment. All accounts that have no transactions for more then 180 days, will be charged $5.00 USD per month dormant account fee. Please log in to your Paxum Account and accept the new terms to continue using your Paxum Account. |
I got this too but I don't understand at all what it means. They're from an accounting point of view going to be reselling products and services? I mean other then the fact that they are now going to be charging us more.
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Yep, got it too... still not sure what exactly that means (besides those additional fees).
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they cloese all personal us accounts and missing now some money.
now ... they charge more fees from business account holders to cover the missing money. and also from all another personal accounts word wide :1orglaugh:1orglaugh:1orglaugh |
Your payments will still be received to your account as usual. This is a seamless change in that regard, it is simply the mechanics of the payment that has changed. Now Paxum is purchasing and directly paying your affiliate invoices for US businesses. You shouldn't have to change anything.
We are also introducing a small receive fee for all accounts. |
Fuck them, plus there is no good alternative.
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I was only receiving occasional payments from one sponsor. Time to close the account.Dont need all those crazy fees.
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We added one fee of 25c per received payment for personal accounts or $1 per received payment for business accounts. Plus we added a fee that is activated only if your account is dormant for 6 months. We haven't added to or changed our fees in almost 8 years. These fees are in line with our send fees and definitely reasonable. I hope you will reconsider. Thanks :) |
Does this mean we get payments faster
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Does this mean the techs get more money to fix the weekend problems ?
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So nothing else changes, payments will still show in my account when they are sent by the business, no delays?
But it will show from Paxum? |
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Sorry my English is not native, do you still allow payments for adult PP? |
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and they have prepaid card available too :thumbsup |
Lol at people complain on 0.25$ fee. Unless you receive bunch of 0.50$ payments i dont see this as problem.
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Change is good and so is Paxum :thumbsup ...
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That sounds, at least for me, a bit confusing.
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Ruth I just sent you an email about this. I logged into our Paxum account today as we need to wire funds soon so we can pay our affiliates and I dont see the link any longer so we can add funds to our account.
Sincerely, Kevin FGE, LLC Quote:
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i got that email too
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I understand that along with the fees, the quality of services will increase ?
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to Ruth.
Is that true? Quote:
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Ruth,
You may want to tell your Indian verification team to ease up on requesting pictures of document over every move we make. I uploaded 12 different pictures in the past. Added bank account and asshat49 asked me for un-cropped picture of my ID. I told him to find one among the other 12 he already had. Nope, he still wanted new one. Its like they get off on reviewing those pictures. And funny thing is that asshat38 will say "OK, I will submit you request to proper team" and day later asshat41 will come in with "new pictures neeeded" message. I have my passport in safety box at the bank and really egt annoyed by this. Soon they will be asking for videos of me jumping up and down holding my ID and screaming "Happy Diwali". F this. I'm moving back to Payoneer. :2 cents: |
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Out of 4 ewallets which i tried, payoneer,paypal,skrill and paxum, skrill is least hassle when it comes to verification. |
A lot to read these new terms...
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$5 charge just for having an account? I hardly ever use mine, i'll be fucked if I'm gonna pay that, I'd rather go back to receiving cheques.
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I think that each of us gets money more than once in a half-year. |
good luck with that
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Will the $5 charge still apply if it would take the balance negative?
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A transaction would be a received payment, a sent payment, a withdrawal to your bank, etc. Quote:
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I can see the need for the new fees. I just ran the numbers and while our business has grown overall in the same time frame, clients paying via Paxum has dropped off significantly in 2017 with 2018 so far being even less...
- 2015 vs 2016 = 28% drop - 2016 vs 2017 = 69% drop Not sure the reason for it this, but it suggests that either less programs are paying via paxum, programs are paying out less overall, or webmasters prefer different payment methods instead of paxum. |
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Some new mechanic probably to comply with the US I understand... Paying more fees is always bad news
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I am not sure of what the advantage of this would be for affiliates.
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fuck, paxum has turned into one giant clusterfuck
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My bank charges me about 10 euros for fees and commissions every month. So, I don't understand your suffering for 25 cents.
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I spoke to Ruth through email a few times today. She is super cool. For us paying affiliates there does not seem to be any extra or added fees. The difference for us to pay affiliates is we do not wire the funds to Paxum in the beginning. We just schedule some invoices and pay each affiliate. Then a couple times per month Paxum sends us an invoice to pay them back for the funds they sent out for us. Its like we have credit with Paxum. So we use our credit monthly and to pay affiliates. Then we pay our bill monthly.
This is very different way of doing these payouts but going to try it and see how it goes for 1 month. But I think it will be ok. Sincerely, Brandon FGE, LLC Catalina Cruz - Cam Porn - Official PornStar Website CatalinaCruz.com |
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