Our forum members have been discussing their experiences with the payment service Paxum, particularly focusing on its use by European webcam models. Here's a summary of the key points covered:
- Several members have switched to Paxum for receiving payments from platforms like Streamate, appreciating its functionality despite some initial hurdles with document verification and account setup.
- The fees for using Paxum within the European Union are considered reasonable by some users, with mentions of a 3% commission plus a $2 ATM withdrawal fee.
- Users have highlighted the convenience of Paxum's card for withdrawing money, although there have been difficulties transferring money to other cards, including Visa and debit cards.
- For bank transfers, SEPA transfers are mentioned as being immediate and effective, without the need for using the Paxum card.
- When transferring money to a bank account, it's advisable to use the EFT (Electronic Funds Transfer) option, as it's cheaper than Wiretransfer and is directed to the user's own bank account.
- Some users noted challenges with withdrawing money from Paxum, especially when Paxum cards are not available in their country or when facing issues with wire transfers. The possibility of withdrawing to an external Mastercard is mentioned, though it may require the card to be linked to an International currency account.
This summary reflects the shared experiences and tips of our community members regarding the use of Paxum for payment processing. It's clear that while Paxum is a favored option for many, newcomers should be prepared for a potentially complex setup process.