Post
Topic
Board Service Discussion
Re: Paxum Questions and Concerns
by
RuthBPaxum
on 29/07/2011, 18:56:54 UTC
Quote
6.1. Paxum reserves the right to terminate this agreement with the User for reasons below:
Will the user be able to withdraw his money after the account is terminated?

I'll quote the whole thing, since it does have relevance:

6.1. Paxum reserves the right to terminate this agreement with the User for reasons below:

(a) Receipt of potentially fraudulent funds;
(b) Opening multiple Paxum accounts;
(c) The account has been used in or to facilitate fraudulent activity;
(d) Name on the identity papers do not match the name on the Paxum account;
(e) Receipt by Paxum of excessive complaints regarding your account, business or service;
(f) Use of an anonymizing proxy:
(g) Refusal to cooperate in an investigation or provide confirmation of identity when requested;
(h) Using Paxum E-Wallet for activities listed in section 3.4 of this Agreement;


Based on the listed reasons that you are referring to (above), it is unlikely that the account-holder would be able to withdraw their funds after account termination. Each case would be individually investigated and evaluated at the time to determine a decision.

And second question:
Quote
This Account Agreement is governed by the laws of Canada and/or Belize as such laws are applied to agreements entered into and to be performed entirely within Canada and/or Belize by Canada and/or Belize residents.
I don't understand the phrase "Canada and/or Belize". If you are a canadian incorporated company, where does Belize come from?

Belize is the location of the card issuer for the Paxum Mastercards. Hence, some parts of the agreement are governed by those laws.