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Paxum: ACH Returns to U.S., EFT Goes International

Posted On 24 Jan 2012
By : admin

YNOT – Electronic payment services provider Paxum has re-implemented Automated Clearing House (ACH) and electronic funds transfer (EFT) services for U.S. customers. The return of the two cash transfer methods allows U.S. users to transfer funds between their banks and Paxum e-wallets in both directions: loading and withdrawal.

In addition, the Montreal-based company has introduced EFT withdrawal for multiple other countries. For Paxum customers located in Australia, Austria, Belgium, Finland, France, Germany, Holland, Hong Kong, India, Ireland, Japan, Mexico, Poland, Russia, Singapore, Spain, Sweden, Turkey, Ukraine, United Arab Emirates and the UK, the new EFT withdrawal option provides a low-cost method of moving Paxum funds directly to international banks.

“We are very happy to continue growing our services each year,” said Paxum Chief Executive Officer Octav Moise. “Recognizing and exceeding our customers’ needs and expectations is very important to us, and we believe the new EFT withdrawal option will make a difference to our clients.”

The company also offers withdrawals via wire transfer and check. Alternatively, customers may opt to transfer funds to an existing major credit card or to a Paxum-branded MasterCard.

“With more exciting additions scheduled throughout 2012, Paxum plans to continue improving our service and satisfying our customers’ diverse payment needs,” Moise said.

Paxum offers a secure e-wallet global money transfer and payment service that is used by hundreds of merchants and thousands of affiliate webmasters. For more information, visit Paxum.com.

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