Paxum Introduces Mass Wire Transfers to 3rd Party Recipients

LOS ANGELES—Paxum has announced a new feature for their global ewallet payment platform—Mass Wire Transfers to third-party recipients.

This new feature is available to all verified Paxum Business account-holders on request, and can help clients manage their outgoing payments even more efficiently.

Once activated, clients can upload a simple CSV format file containing all the payment details that will then be issued in bulk as bank wire transfers. Wire transfers can be issued to all countries apart from those listed on the Blocked Country list (found in Paxum Terms of Service), and in the currencies already supported inside Paxum.

The rate for this service is $35 USD per wire transfer, and the rate can be negotiated for clients whose volume is greater than 100 wires per month.

Any verified Paxum Business client that would like to have Mass Third-Party Wire Transfers activated for their Paxum account should send an email request to [email protected], or contact Ruth Blair directly at [email protected].

If you wish to negotiate rates based on volume, contact Ruth at [email protected] to discuss.

To learn more about Paxum, or to register your free account, visit paxum.com.