Paxum Offers Instant Withdrawals to External Credit/Debit Cards

Paxum Offers Instant Withdrawals to External Credit/Debit Cards
Stephen Yagielowicz

LOS ANGELES — Paxum has announced the newest expansion of its client services, to now offer an option for instant withdrawals to external debit or credit cards.

The new option joins wire transfers, EFT, ACH, and instant withdrawal to the Paxum card as cash-out methods.

“From time to time we have experienced difficulties stemming from Paxum’s card issuer such as transfer delays and other inconveniences that we do not want our valued customers to experience,” says Paxum CEO, Octav Moise. “We want our clients to always be able to access their money instantly and easily so we have been working hard to introduce some additional withdrawal options to ensure there are many options available when it comes to withdrawing Paxum account funds.”

Paxum recently implemented RON EFT for Romania, and after this latest activation of instant withdrawals to external debit or credit cards, now the next phase of Paxum’s planned service expansion is to introduce EFT withdrawal for other countries.

“It is important to us that our customers have a choice when it comes to accessing their money,” Moise adds. “With our recent and upcoming changes, Paxum clients can always access their money quickly and easily.”

Moise says Paxum’s new withdrawal option enables verified clients to instantly withdraw their account funds to an already existing external credit or debit card issued by their local bank or other entities for a flat fee of $6 per transaction plus 2.95 percent of the withdrawn amount. Maximum limits will be $2,500 per day, with a $15,000 maximum monthly withdrawal.

The service is not available for cards issued by financial institutions in Canada, Israel, Japan, and the U.S.

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