Paxum Expands EFT Withdrawal to Five Additional Countries

MONTREAL – Paxum announced today it has expanded its EFT Withdrawal to five new countries and currencies. Paxum clients in Australia, Canada, Hungary, Philippines and Poland now have EFT (Electronic Funds Transfer) Withdrawal available in their local currency, directly from their Paxum account interface.

“We are excited to introduce EFT withdrawal to these five additional countries before we enter the New Year,” said Paxum’s Ruth Blair. “We are constantly striving to provide the best payment platform, and as part of that effort we will continue to reinforce EFT options and expand our alternative withdrawal offerings during the course of 2019.”

Paxum’s EFT Withdrawal is now available in AUD (Australian Dollar), CAD (Canadian Dollar), HUF (Hungarian Forint), PHP (Philippines Peso), and PLN (Polish Zloty) currencies, and can be found in the Withdraw Funds section of eligible Paxum account-holders. EFT Withdrawal can be initiated directly from USD, EUR, and GBP currency accounts inside Paxum. The applicable currency conversion rate will be displayed inside the account interface prior to submission to ensure client agreement prior to withdrawal.

“Demand for EFT inclusion to these countries has been tremendous,” Blair added. “We are thrilled to fulfill this request and with good fees and generous limits we’re convinced our Australian, Canadian, Hungarian, Philippine and Polish clients will enjoy the benefits.”

The fee for EFT withdrawal in AUD, CAD, HUF, PHP, and PLN is $8.95 USD per transfer and the limits are $3,500 USD per transaction with a daily maximum of $10,000 USD. There is no prior approval required. Eligible Paxum clients can simply initiate an EFT withdrawal from their Paxum account interface at any time.

Paxum said the addition of EFT Withdrawal for Australian, Canadian, Hungarian, Philippine and Polish clients is “part of a series of planned additions to further expand Paxum withdrawal options” in the year ahead and advised clients to “stay tuned for more updates” from the company in the months ahead.

To learn more about Paxum, or to register for a free account, please visit http://www.paxum.com