They got started funding pirates and thieves. I talked to them in Montreal and they didn't care, (they were processing from one of the biggest thieves of our product) but shortly after they lost their Amex account. I wouldn't trust them with actual money...ever.
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So where do all their employees work? People have reported calling into Paxum and asking where they are located and them stating they are working out of their office in Montreal. (From a UPS store???)
Why have a business setup so mysteriously, unless, this is what people expect from the porn industry. If a company is dealing with your money, wouldn’t you want to know where it’s located? If they go epassport, they will vanish without a trace and there is nothing that can be done.Their bank is out of Belize. You send money to their bank in Europe.. Romania if I’m not mistaken. They also are reported to have their developers based out of Russia.
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Here is a picture of their world headquarters
http://paymentsystem-journal.com/tag/paxum-2/