
How much Paxum costs
A transfer from another Paxum user costs $0.25 on a personal account and $1.00 on a business account, and arrives instantly. The euro IBAN receives wires and SEPA for free, and a third-party euro wire in costs 0.5%, with a $10 minimum. The account is free if used at least once in six months, $5 otherwise, and closing it can cost up to $50.
A wire to your own bank account costs $50 in USD, $40 in EUR and $25 in another currency. Local bank transfers, available in over 50 countries and 20 currencies, cost $5 to your own account. Sending to a card other than Paxum’s costs $6 plus 4%.
Who uses Paxum in the adult industry
Paxum is built for paying and getting paid within the trade: a business account pays many people at once, a personal account receives earnings and spends them. Its home page carries testimonials from the JuicyAds ad network, the NScash program and the host MojoHost, and YourPaysitePartner says it pays its affiliates exclusively through Paxum.
You apply online with your documents, and pre-approval is advertised within 24 hours.
The Paxum prepaid card
The UnionPay prepaid card costs $10 to issue and $3.75 a month. An ATM withdrawal costs $2 plus 1%, with 3.5% FX on top outside the card currency. The virtual card costs $1 to issue and $2.95 a month.
The bank behind Paxum
Paxum Bank Limited, based in Roseau, is an offshore bank licensed in the Commonwealth of Dominica and supervised by the country’s Financial Services Unit. It serves non-resident clients. Its platform terms also name a Quebec company, Gestion Paxum Bank Limited, in Dollard-des-Ormeaux. No deposit guarantee scheme is published.
Strengths and limitations of Paxum
Strengths
- Widely used across the adult trade.
- Instant transfers between Paxum accounts.
- Published fees line by line.
- Free euro IBAN for incoming funds.
Limitations
- Costly outgoing wires.
- Escorts prohibited, along with content showing defecation, bestiality, death or rape, even simulated.
- Cryptocurrency prohibited: buying, selling or exchanging it gets the account revoked.
- Offshore license with no published deposit guarantee.
Paxum vs Yoursafe
Yoursafe is the Dutch e-money institution behind Verotel: a Verotel merchant receives sales there, sends them out by SEPA, wire, ACH or US check, and pays models into Yoursafe Talent accounts. A webmaster whose partners pay through Paxum opens a Paxum account, one who sells through Verotel keeps funds at Yoursafe.
BankMyCapital is a consultancy that finds bank and EMI accounts for businesses banks turn down, adult and dating platforms included.
Read the review BankMyCapital →Capitalist is a wallet that more than 40 CPA and ad networks, including TrafficStars and Adsterra, use to pay webmasters and media buyers.
Read the review Capitalist →Cosmo Payment is a payment account built on a prepaid card issued by Paysafe in the UK, where creators, affiliates and freelancers receive their payouts.
Read the review Cosmo Payment →ePayService is an e-wallet licensed in Malta that gives webmasters a free European IBAN and a free US bank account to collect ad network and affiliate earnings.
Read the review ePayService →