While i can't confirm OP is also well known with other forum names,
i'll just like to trow in that i have done serveral deals with OP, without any hassle.

~ Renaldo,

so far so good with Paxum...

If you receive funds that are fraudulent your account will be frozen. An investigation will be done and if you are found of no wrong doing your account will be restored. If it turns out you knowing accepted fraudulent funds your account will be terminated.


I can has out the terms all day long but logic and common sense will answer alot of your questions :)

Sorry for being an ass in this thread but some times you gotta be blunt with ppl :)

Have you taken your happy pills today OP?

Sounds like you didn't send all the documentation they request.

Could you specify what's fraudulent funds ?

I get what you are trying to do here - we all know whats fraud and what isn't. If you do not understand what fraudulent is you can learn about it here : http://www.google.com/search?q=defin...cd9b2856105b99

You and I go way back so not really sure what your motives are but you can hit me up directly you should have all my contact info still man :)

+1 ban :321gfy

i agree :1orglaugh:1orglaugh

It's obviously not this funny anymore.

No complains from my side so far...!!

Yeah. Closing accounts for TOS violations is fine, but there's always the chance you're wrong or something. What reason is there not to provide notice? Makes no sense and is poor business practice.

That doesn't' have sense,let say someone receive 1000 transactions daily and one transaction is fraud,you will froze that account ?I know epass had same practice,but find it kind a stupid how one bad transaction can kill your overall status.

Well, offshore.hsbc.com works pretty fine.

You are 100% right - thats why the account is frozen. Contact made. Investigated. Final decision made.


Huge difference between a frozen account and a terminated account.
When an account is frozen - it is being investigated. I could careless if Obama himself had an account with us and he got sent some fraudulent money that he was not aware of. I'll freeze his account and investigate it. Just because you are a high volume or high profile account does not mean you get to bend the rules in any way shape or form. Our banking partners dont care about that. They care about us following the rules and it is what we will do.

Ya'll should be happy about the fact we are not going to risk our business for anyone.

Yes,but why does paypal doesn't freeze account then ?They simply reverse transaction in question and that's it.

If the receiver is found of no wrong doing they can get their acct back. I can not speak to as what paypal does. I'd go out on a limb tho and say the rules we play by are a bit different than them.

:2 cents:

Same here

The same TOS rules any major bank has, completely legit and logical.

Paxum is a lifesaver. People that dont get that should go work at wendy's.

Yeah, but this thread is about somebody who claims his account was terminated without notice. You've stated this was for TOS violations, which is peachy/expected -- but you haven't explained the lack of notice.

I'm not trying to break your balls here, I just hate breezy forum responses that don't actually address the complaint that's been made.

Sorry Chris, but you should be VERY CAREFUL with what you say and ask a lawyer first besides saying some of the things you said in this thread. Unless things have changed in the last 6/8 months doing what you say you're doing could mean MC closing ties with Paxum.

I'm not trying to be a smart ass and I understand you're still learning the biz, but I'd strongly suggest you get some lawyer advise before saying the things you said.
Furthermore (and again: UNLESS THINGS CHANGED LAST MONTHS), your TOS mean exactly this, otherwise you wouldn't be approved by MC, VISA nor any real bank: You can CLOSE AN ACCOUNT as much as you want, you can NEVER keep the money unless there's a federal court order. And in that case, unless you're registered as a bank (which you aren't) the money is kept by the bank you're working with, not you.

And quite honestly, I doubt any bank would accept you close accounts without noticing the end user, much less keeping the money. And I won't go any deeper to avoid helping someone who is trying to defraud you, but again, check with a lawyer. :2 cents:

i moved your bold for ya

Advice taken. but again - what ppl post on message boards are hardly ever the full story as i'm sure you know :)

of course I know :) Like I told to you on ICQ, I couldn't care less what happens with someone trying to defraud you. Furthermore, I'd do anything at hand to help you :thumbsup

Are you denying his account was terminated without notice? Or just trying to be cute and imply that, without making a statement of fact?

I'm perfectly willing to believe you, if you outright state something is so. But playing games like this undercuts your credibility.

Paxum works well unlike Epassporte that screwed you for $35 to set up an account and then told you you needed a US bank account AFTER they took your money.

What I can say is that our general practice is anytime an account is closed contact is made. Sometimes contact is made even before an account is closed. Sometimes many contacts are made. He claims we didn't. He may honestly believe he was not contacted. We have followed every guideline we have set in place that everyone agrees to that holds an account with us.

We are in the business of having active accounts. It does us no good to close an account - so when we close one it is for good reason and we do everything properly.

GFY Chris, don't fucking post some fucking BS story about paxum TOS, reason why my account was closed is ''cause i've receive fraudulent funds'' Yeah right i've broke the rules, Actually Paxum close my account for this reason while they investigate, over 2 weeks now and no Email, nothing...

So Chris GFY, you suck.

Oh and fuck you i've check my Email and spam folder and they never send any Email, They open a ticket after i'Ve talk to you on icq.

Paxum is probley the next Epass

fuck the police