Due to unforeseen circumstances, Fundstr UAB, the banking partner for Paxum, has ceased issuing prepaid Mastercards, with all existing cards being closed immediately. The balances of these cards are being returned to users' Paxum current accounts, and Fundstr will reach out to affected users with more details soon. As alternatives, Paxum offers virtual and physical UnionPay cards, although their acceptance in Europe is limited, with high conversion and withdrawal fees at Euronet ATMs.
- Users report difficulties with UnionPay card acceptance in Europe.
- Some suggest using Skrill cards for instant external card loads from Paxum.
- High fees have been noted when topping up Moneye accounts.
- Alternatives such as Cosmopayment or setting up SEPA payouts on camsites are recommended.