New Changes Coming to Paxum Account Holders

Paxum
Paxum

I’m not sure if they people at Paxum are actively trying to get rid of their users or if they just clashed with rules and regulations, but after getting rid of all their US personal accounts (which luckily didn’t affect me) they are now increasing charges. This arrived in my mailbox today:

Paxum is changing the way you get paid from USA Business Account-Holders. As of today, all your invoices to US Payers, will be sold to Paxum and paid instantly by Paxum. We will present all purchased claims to the US Payer ourselves and collect the funds directly from the US Payer.

Also we are introducing the following additional fees to Paxum Account Holders in order to continue providing you with the best service possible:

Personal Account Holders will be charged $0.25 USD per received Paxum payment.
Busines Account Holders will be charged $1.00 USD per received Paxum payment.
All accounts that have no transactions for more then 180 days, will be charged $5.00 USD per month dormant account fee.

Please log in to your Paxum Account and accept the new terms to continue using your Paxum Account.

So they start with information that does not really affect payment recipients, as long as they get their money. It gets more interesting when they start talking about the charges they now introduce. Basically they add a fee that starts to eat money for users that don’t get regular payments in the first place. Yayy.

Oh, and did I mention that they seem to be down right now?

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