How to open an Account on Paxum

How to open an Account on Paxum

How to open an Account on Paxum

Apr 29, 2023 12:25 PM John Wick

Paxum is an online payment processing platform that allows users to send and receive payments from anywhere in the world. The platform offers a variety of financial services, including e-wallets, virtual debit cards, and money transfers, with a focus on fast, secure, and low-cost transactions.

Here are the steps to open an account on Paxum:

  1. Go to the Paxum website ( and click on the "Sign Up" button in the top right corner of the homepage.

  2. Select the type of account you want to create. Paxum offers two types of accounts: Personal and Business. Choose the type of account that best suits your needs.

  3. Fill in your personal details, including your name, email address, phone number, and country of residence. You will also need to create a password for your account.

  4. Choose your preferred currency. Paxum supports a range of currencies, including USD, EUR, and GBP.

  5. Verify your email address by clicking on the verification link sent to your email. This step is important to ensure that your account is activated.

  6. Log in to your Paxum account and complete the verification process. You will need to provide additional information, such as your date of birth and proof of identity (such as a passport or driver's license).

  7. Once your account is verified, you can start using Paxum to send and receive payments. You can add funds to your account using a range of payment methods, including bank transfers, credit and debit cards, and e-wallets.

The documents you will need to provide to open a Paxum account depend on the type of account you are opening. Here is a general list of the documents you may need:

  1. Personal information: You will need to provide your name, date of birth, address, and contact information such as your email address and phone number.

  2. Proof of identity: Paxum requires a government-issued ID to verify your identity. This can be a passport, driver's license, or national identity card. The ID must be valid and not expired.

  3. Proof of address: You will need to provide proof of your residential address. This can be a utility bill, bank statement, or other official document that shows your name and address. The document must be recent (usually within the last 3 months) and not be a PO box address.

  4. Business documents: If you are opening a business account, you will need to provide additional documents such as a business license, articles of incorporation, and tax identification number.

  5. Bank account details: You will need to provide your bank account details if you plan to transfer funds to or from your Paxum account using bank transfer.

There are several benefits to having a Paxum account, including:

  1. Easy and fast money transfers: Paxum allows you to send and receive money quickly and easily, with low transaction fees and no hidden costs. You can transfer funds to anyone with a Paxum account, anywhere in the world, in just a few clicks.

  2. Multiple currency support: Paxum supports multiple currencies, including USD, EUR, and GBP, allowing you to manage your money in the currency that is most convenient for you.

  3. Virtual debit card: Paxum offers a virtual debit card that you can use to make online purchases or withdraw funds from ATMs. The card can be loaded instantly and has no annual fees.

  4. Global network: Paxum has a global network of partners and affiliates, which allows you to connect with other businesses and clients around the world, expanding your reach and growing your business.

  5. High security standards: Paxum uses advanced security features such as two-factor authentication, encryption, and fraud detection systems to protect your account and transactions from unauthorized access or fraud.

  6. Multiple funding options: Paxum allows you to fund your account using a variety of payment methods, including bank transfers, credit and debit cards, and other e-wallets, giving you flexibility and convenience.

  7. Dedicated customer support: Paxum provides dedicated customer support via email, live chat, and phone, available 24/7 to assist you with any questions or issues you may have.

Overall, Paxum offers a range of features and benefits that make it a convenient and reliable option for managing your money and conducting financial transactions online.

Paxum is available in most countries around the world, with a few exceptions due to regulatory restrictions. However, the specific services and features available may vary depending on your country of residence. Some countries where Paxum is not available include:

  • Afghanistan
  • Angola
  • Burundi
  • Central African Republic
  • Congo, Democratic Republic of
  • Eritrea
  • Iran
  • Iraq
  • Libya
  • North Korea
  • Somalia
  • Sudan
  • Syria
  • Yemen

It's important to note that the list of restricted countries may change over time due to regulatory changes or other factors. If you are unsure whether Paxum is available in your country, you can check the Paxum website or contact their customer support for more information.

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