It's interesting that you could choose between different payment options online like Paypal, Paxum and Payoneer. Some people could find that PayPal stopped allowing payroll payments in certain situations. Some customers prefer to pay in Paxum instead of Paypal. The company website is https://www.paxum.com.
The company allows to send and receive payments. You could use wire transfers and send mass wire transfers worldwide. There are Virtual USA And EU Accounts. You could receive local SEPA and ACH payments straight into your account. There are local bank transfers. It's available in 50+ countries in over 20+ Currencies. You could fund any card and send funds to any VISA or MASTERCARD. There are instant transfers to other Paxum Clients. There are accounts for Business Clients and for Individuals. There are EFT Transfers are P2P Transfers. There is a Paxum Prepaid Card to withdraw funds from ATMs worldwide and make purchases online or at local stores.
What is an EFT? It is an Electronic Funds Transfer. This is a broad term for electronically transmitted money. Automated Clearing House (ACH) is a specific format of electronic funds transfer that involves money being directly moved between bank accounts. Credit or Debit Card payments are also a form of EFT.
Some of the other online payment companies stopped existing and closed. Be careful when choosing which online payment companies to use. Think about the trustworthiness.
Here is something interesting:
ReplyDeletePaypal Acceptable Use Policy
Better look through this to know what Paypal accepts.
https://www.paypal.com/us/webapps/mpp/ua/acceptableuse-full