Paxum Reinstates EFT Withdrawals

Mar 9, 2017 10:34 AM PST

LOS ANGELES — Paxum has announced the return of EFT withdrawals to its e-wallet payment service.

To streamline the process, the new EFT integration has removed the requirement for bank verification prior to EFT withdrawal. This means verified Paxum clients can immediately request an EFT withdrawal after their bank account information is added to their Paxum account.

“We are happy to reintroduce EFT withdrawal service to our clients,” says Paxum Business Development Manager Ruth Blair. “The new EFT integration provides a greater range of available countries to serve even more of our clients. We’re also delighted to be able to remove the bank verification requirement for EFT withdrawal, and make this process even more user-friendly.”

Blair notes the new EFT withdrawal process is a straightforward, cost-effective way for Paxum clients to withdraw account funds. Paxum clients can visit the Paxum Blog for a full list of available countries for EFT or check the Paxum admin’s Withdraw Funds >> Withdraw Funds by EFT section for complete country information.

“The addition of EFT Withdrawal to Paxum’s existing withdrawal methods of wire withdrawal, withdrawal to an external credit card, and withdrawal to the Paxum Payroll Card, provides Paxum clientele with a greater variety of options to access account funds,” Blair adds. “EFT integration is one of the first of many system updates scheduled in 2017 from Paxum, with numerous useful tools and exciting features planned for roll-out throughout the rest of the calendar year.”

For more information, email media@paxum.com.

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