An online e-wallet used for transferring funds from banks. Once funds are in Paxum they can be transferred between individuals. For a period of time, Paxum was useful for transferring funds to and from some Bitcoin exchanges directly however Paxum discontinued this in February, 2012.
Paxum users can have accounts in one or more of the following currencies:
- U.S. Dollar (USD)
- Euro (EUR)
- Canadian Dollar (CAD)
Paxum added EUR and CAD accounts on July 15, 2011.
On February 12, 2012 Paxum made an official announcement that due to pressure from its banking partners that it was no longer able to service Bitcoin exchanges, .
See Also on BitcoinWiki
- Paxum web site