Due to unexpected circumstances, all Fundstr-issued prepaid Mastercards associated with Paxum accounts have been closed. Affected members will have their remaining balances transferred back to their Paxum current accounts, and further communication from Fundstr is anticipated.
Key points discussed in the thread include:
- UnionPay cards are available as alternatives, but acceptance in Europe is limited.
- Euronet ATMs in Europe accept UnionPay but charge high conversion and withdrawal fees.
- Skrill cards can be used to load funds from Paxum instantly, though some users reported high fees when trying to top up accounts.
- Alternative solutions such as Cosmopayment and setting up SEPA payouts on cam sites are suggested.
- Some users successfully transferred funds from Paxum to Skrill or used Raiffeisen for instant transfers.
- Crypto withdrawals from Paxum are another option, with funds arriving quickly and a fee of approximately 3% plus $5 per transfer.
Members are exploring various solutions to manage their finances during this transition period.