Paxum

Paxum

By: Paxum Inc.

Paxum provides an e-wallet service with complete payment solutions for eCommerce. It features low processing fees, money transfer, money withdrawal, payroll solution for businesses, and affiliate payment solution. It offers two accounts: Personal and Business. It applies fees for ACH withdrawal, peer to peer transfer (transfer to and from other Paxum users), and wire transfer.

From: Canada Web Visibility: 38.71%
Top Paxum Alternatives
  • PayPal
  • Square
  • Stripe
  • SecurePay
  • Cayan
  • axiUm
  • BluePay
  • PayJunction
  • EVO Payments
  • Payment Express
  • PaySimple
  • Ezetap
  • Rapyd
  • Ingenico Group
  • SafeCharge
Show More Show Less

Top Paxum Alternatives and Overview

1

PayPal

PayPal provides various payment services that allow you to buy online, send money, or set up a merchant account to sell your products online.

By: PayPal Holdings, Inc. From USA
Based on 1089 Votes
2

Square

Square provides a credit card processing service, with various business solutions.

By: Square, Inc. From USA
3

Stripe

Stripe allows you to accept web and mobile payments, with well-designed and optimized checkout for any device.

By: Stripe, Inc. From USA
Based on 133 Votes
4

SecurePay

SecurePay allows you to accept online payments safely, with shopping cart integrations.

By: Australia Post Group From Australia
Based on 1 Vote
5

Cayan

Cayan provides flexible payment solutions for all businesses, with future-proof and open source platform.

By: Cayan LLC From USA
Based on 33 Votes
6

axiUm

The Ingenico group offers merchants an innovative way of reducing the complexities that affect everyday transactions.

By: Ingenico Group
Based on 9 Votes
7

BluePay

It features B2B payment processing, level 3 cards, batch processing, integrated payment, enterprise plugins, security...

By: BluePay Processing INC From USA
Based on 14 Votes
8

PayJunction

It features transaction management, searching and reporting, account management, setting customization, mobile processing, payment gateway...

By: Messiahic Inc. From USA
Based on 13 Votes
9

EVO Payments

Its digital payment solutions are designed to work with electronic devices, online platforms, and even...

By: EVO Payments
Based on 3 Votes
10

Payment Express

It features modular payment solution, wireless payments, recurring billing, hosted payment, batch processor, POS terminals...

By: Direct Payment Solutions (DPS) From New Zealand
Based on 1 Vote
11

PaySimple

It allows you to accept various payment methods, including credit cards, ACH payment, e-Check, Point...

By: PaySimple, Inc From USA
Based on 11 Votes
12

Ezetap

Highly customizable and innovative- ezetap is a future-ready system fit for the evolving market...

By: Ezetap
13

Rapyd

Providing service in more than a hundred countries, its dedication to making your cross border...

By: Rapyd
14

Ingenico Group

The payment services include e-commerce solutions, full service e-payment, multi-channel solutions, financial solutions, and marketing...

By: Ingenico SA From France
15

SafeCharge

By: SafeCharge

Paxum Review and Overview

Of many payment service providers, Paxum is a known Canadian service working since 2007. With time, Paxum has drastically improved and upgraded their UI to include faster and reliable money transfer methods. Many freelancers and contract-based companies use Paxum for their payrolls.

Paxum Account Types and Services

The first step before using Paxum is to create an account on their website and link it to a bank account. Once the verification is done, you can begin using their services. Paxum has two main account types, viz., Personal Account, and Business Accounts. Each account has its own usage and target audience. As for Personal Account, it is designed for personal payrolls, send/receive payments, EURO/USD payments, withdrawals, etc. In the Business Account, there is additional support for mass wire transfer, EFT, reduced payout and has cheaper transaction rates.

The payment and charges structure is different in both accounts and also differ based on countries. Paxum has divided its services into three core parts viz., Transfer Money, Receive Payments, and Mass Payouts. Each service has its own bonuses.

In the Transfer Money services, Paxum adopts wire transfers, EFT transfers, P2P, and also provides backing for various cards like Visa, Mastercard, or Paxum Prepaid Card. This Wire transfer covers over 200 nations and 14 currencies. EFT transfer has much cheaper charges comparatively. However, it is mandatory to use a local bank in a local currency format. Paxum Prepaid Card uses similar features like normal prepaid cards. It is accepted worldwide and offers currency support only for USD. You can even add this card in online transaction services and use it at every ATM where Mastercard is supported.

In Receive Payment Services, a transfer is possible via Paxum Clients, ACH network, wire transfer, and virtual SEPA account. Similarly, in Mass Payouts, P2P transfers, along with the above modes are available. The online portal in Paxum is simple, and they even allow an API for external use. Mass transfers have lesser transaction and service charges.

Overall, Paxum has worked out pretty well so far in online payments. There are some prevalent issues with customer support and reliable knowledge resources on their site. Still, it has cheaper charges than other top payment services.

Company Information

Company Name: Paxum Inc.

Company Address: 3484 Des Sources Blvd., suite 205 Dollard-des-Ormeaux, Quebec, Canada

Founded in: 2007

Top Features

Core Features
  • Current Account Monthly Maintenance
  • Funds Transfer
  • Escrow Transfer
  • Escrow Withdrawal
  • Loading Funds By Wire
  • Loading Funds By Certified Check
  • Loading Funds By Credit Card
  • Funds Withdrawal by Wire
  • Funds Withdrawal by Check
  • Funds Withdrawal by EFT
  • Funds Withdrawal by ACH
  • Loading Funds By EFT
  • Loading Funds By ACH
  • EFT (ACH) Returned Transaction
  • EFT (ACH) Bank Account Verification
  • Check Stop Payment
  • Chargebacks
  • Authorization for Loading Funds