How do I withdraw money from paxum ? | Withdrawing Funds - Paxum
One of the benefits of opening an account in Paxum is that they provide you with a virtual bank account in the USA and Europe to receive payments from international companies. For example, if you are an affiliate of Amazon Germany and do not reside in that country, you can use this bank account to receive the money.
So it’s beneficial for those who don’t reside in Europe or the USA since you don’t have to open a local bank account.
This is a service very similar to that offered by companies such as Payoneer or TransferWise. You can forget about problems with these types of accounts.
Once you receive the money in your Paxum account, you can withdraw it to your local bank account, on your own credit card, or use the Paxum Prepaid card. We will talk about this card in the next point.
Paxum Prepaid Card
paxum prepaid card
The Paxum Prepaid card is an alternative way to withdraw your money from Paxum.
This prepaid card can be used to withdraw money at ATMs, or else, use it to buy at physical stores or online.
This card can be very useful for those who wish to use their money quickly after receiving the deposit.
In the case that you choose to withdraw money at an ATM, it costs $ 2 + the cost that the local bank applies. On the other hand, if you buy with the card in dollars or pounds, it’s free while it is in the same currency.
The issuance of the card has no cost but has annual maintenance of $ 44.95.
Transfer and Withdrawal Methods
EFT Transfers: With Paxum, you can withdraw your balance directly at your local bank. Today it is available in more than 50 countries on more than 20 currencies.
Depending on the country you are from, you can receive this money in USD / EUR or your local currency. You can check the complete list from its official website.
Fund VISA / MasterCard / UnionPay Card: If you have a card from a local bank, you can directly transfer the money to your 24-hour card.
P2P Transfer: This type of transfer enables you to send money to another Paxum user.
Wire Transfers: With bank transfers, you can send to more than 200 countries and 14 different currencies. It is usually the type of payment most used by companies.
Benefits for Individuals
If you are a freelancer, publisher, or freelance worker, you have many benefits to use the Paxum payment service.
You can receive payments for your work.
You have a dedicated account in EUR and USD to receive international payments.
Use the Paxum Prepaid card to withdraw money at ATMs or buy at local stores or online.
Send money to other users.
Moderate rates for transfers and withdrawals.
So it’s beneficial for those who don’t reside in Europe or the USA since you don’t have to open a local bank account.
This is a service very similar to that offered by companies such as Payoneer or TransferWise. You can forget about problems with these types of accounts.
Once you receive the money in your Paxum account, you can withdraw it to your local bank account, on your own credit card, or use the Paxum Prepaid card. We will talk about this card in the next point.
Paxum Prepaid Card
paxum prepaid card
The Paxum Prepaid card is an alternative way to withdraw your money from Paxum.
This prepaid card can be used to withdraw money at ATMs, or else, use it to buy at physical stores or online.
This card can be very useful for those who wish to use their money quickly after receiving the deposit.
In the case that you choose to withdraw money at an ATM, it costs $ 2 + the cost that the local bank applies. On the other hand, if you buy with the card in dollars or pounds, it’s free while it is in the same currency.
The issuance of the card has no cost but has annual maintenance of $ 44.95.
Transfer and Withdrawal Methods
EFT Transfers: With Paxum, you can withdraw your balance directly at your local bank. Today it is available in more than 50 countries on more than 20 currencies.
Depending on the country you are from, you can receive this money in USD / EUR or your local currency. You can check the complete list from its official website.
Fund VISA / MasterCard / UnionPay Card: If you have a card from a local bank, you can directly transfer the money to your 24-hour card.
P2P Transfer: This type of transfer enables you to send money to another Paxum user.
Wire Transfers: With bank transfers, you can send to more than 200 countries and 14 different currencies. It is usually the type of payment most used by companies.
Benefits for Individuals
If you are a freelancer, publisher, or freelance worker, you have many benefits to use the Paxum payment service.
You can receive payments for your work.
You have a dedicated account in EUR and USD to receive international payments.
Use the Paxum Prepaid card to withdraw money at ATMs or buy at local stores or online.
Send money to other users.
Moderate rates for transfers and withdrawals.