Fitty Paxum questions:2 cents:

EMC2Payouts already does EFT's and more. You should check it out emc2payouts.com

Octav is a top notch, stand-up guy. I trust that he will get this resolved. He has a ton of experience in the money transfer business. Anyone who thinks otherwise is koo koo.

Now, where have I heard this before :1orglaugh

I love Paxum though, off to a great start

I think that Paxum will get this worked out and everything will be fine. As more functionality is added, you will see, I'm sure that Paxum will grow to suit the requirements of the industry.

Wow. Can't say that's a good thing. Just a few days ago it was "You can withdraw daily 2500x30 days that's 75000 a month, who needs more should use wires". And already now it's 10k. Should have really limited the 10k to people you believe are frauding you, not everyone, because this does not spark good light on the things (because again, people are kind of forced to keep money in the ewallet).
If people wanted wires, they would not use paxum at all but get wires from sponsors, i don't really see the logic behind this.

The Land of Oz, The Sunflower State; KANSAS!; ROCK CHALK, JAYHAWK! I Am Sally Rand. I Solve Problems and I am hungry like a wolf!

Why thank you for posting that! Nothing like free publicity and a fan club!

If pointing out apparent mental instability makes me a fan then so be it. :upsidedow

Enjoy the free publicity. Not sure what it is going to get you, but whatever it is, I hope you enjoy!

Hmmmmmm, someone's panties are in a bunch tonight!

I think these are valid concerns, and probably what at the end caused epassporte to fall down was too much abusers. So it's good to have some limitations and follow all necessary regulations if you want to keep things running long time without problems. Security is always a balance between keeping things enough functionable to legit users while keeping the abusers away though there will always be those too. Will be good if you can offer over 10k/month cash withdrawals to people who want that, with proper verifications, but most important is that the service will be following all the needed regulations to keep it alive.

Another example is E-gold it was running even longer than epassporte but one day everything just stopped because it was too much associated with money laundring etc.. this same risk is with any similar service if they let people move money too freely and too much.

I am certain that Paxum will meet the needs of the industry. I have local people I pay in cash and the $10K limitation will crimp my style for a bit but I can live with it. I issue 1099s to my local people anyway, so I have no concerns with the perception of "money laundering".

It would be a good thing if Paxum were to raise the monthly cash withdrawal limit for verified Business Account holders and I will be discussing this very thing with a Paxum representative on Tuesday.

In any case, Paxum is the way to go on this rocky road of internet business.

Actually $10K is fine for lots of webmasters, i guess. For bigger amounts it's better to use wires from the very beginning.

Hasn't anyone learned their lesson from ePassporte? Why would you want to have $10,000 sitting in Paxum when you could have it sitting safely in your back account accessible from a debit card?

You are 100% right Andy

EMC2Payouts already has the ability to transfer to your existing credit card, or EFT directly into your bank account in over 150 countries and they have their own debit card if you need it. They have all kinds of options - checks, wires, P2P, wires and more.

I think with all the options they offer there is no need to use anyone else.:thumbsup

Maybe some, not all.