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Paxum is a payment method or payment gateway company that enables its client to pay and receive payments through a variety of solutions globally.
In today’s world, most transactions are made online. Global transaction count is certainly surging due to online payments and credit card companies have been enjoying the growth. However, rampant payment fraud around credit card transactions exposes both credit card holders and businesses accepting credit cards with challenges.
In recent years, reported identity theft issues have also been surging and online businesses were having let’s call trust issues with clients that pay using credit cards. Credit card transactions can be easily charged back to the payee for up to 6 months after the transaction has been made.
These challenges birthed solutions such as online payment gateways and aggregators such as PayPal, Capitalist virtual card, Payoneer, and one of our favorites, Paxum. With these solutions the validation of the user happens with the payment gateway instead of the business itself, leaving all uncertainty and doubt the business experiences behind.
Paxum caters to both individuals and businesses that require a solid and trust-worthy payment solution for different uses, such as e-commerce, accepting payments from advertisers, paying publisher traffic sources and more. It also enables individuals to receive funds globally whether it’s a gift or their salary.
It is recognized as one of the best e-wallet services for affiliates, publishers, advertisers, and ad networks, mainly due to its low transaction fees, easy use, and accessible account maintenance.
You only need a working internet connection and a mobile phone or desktop computer. You can also use Paxum’s mobile app which will provide you with real-time notifications and insights about your account.
Very easily. Once your account is validated with Paxum’s compliance team, your email address is all you need to pay and receive payments. Simply provide that address to your clients or partners and they would be able to transact with you instantly. And the best thing about it, is transaction fees with Paxum are only $1 between Paxum accounts. And another great thing about it is that payments from clients cannot be charged-back allowing businesses to have confidence in their clients and build the trust needed for growth.
The main advantage is that it works well with all the niches that usually don’t play well with PayPal, Payoneer, and other more strict services. Some of the niches that play well with Paxum are online advertising, media buying, adult pop networks, cam sites, gaming sites, and more.
EZmob has been working with Paxum for years with 0 issues, but that doesn’t mean you should not do your research. Their support team is professional and quick to answer, and their user interface is straightforward and easy to use.
Paxum Inc. – Registered MSB (“Money Service Business”) with the Financial Transactions and Reporting Analysis Center of Canada (FINTRAC). FINTRAC oversees the compliance of “reporting entities” with their requirements under the Canadian Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).
Paxum requires several documents to be sent to be able to verify your personal and business details. Usually, the process takes a couple of days to verify your account.
Paxum’s wallet is an e-wallet you create to gain access to Paxum’s network of vendors. With it, you can send payments for very low fees to other Paxum vendors. You can also apply for Paxum’s virtual card and use it anywhere that credit cards are accepted.
Yes. Users may upload a CSV file with relevant payment address data and input a mass amount of payments into their platform, which is helpful for ad networks working with many publishers looking to pay their publishers on time.
No. Paxum does not allow incoming payments from PayPal accounts.
The following payment methods or gateways are not allowed to transact with Paxum by default:
Paxum is a reliable payment method that’s well suited for most online products with focus on certain niches. We strongly recommend to create and validate your Paxum account to fund your next campaign with EZmob.
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