Because Paxum is proably going to end. Epoch, the billing processor we use, stopped payouts to Paxum couple months ago.
It was said this was due to the fact Paxum changed their bank account (beginning of the end??). Due to other restrictions there
is currently no possible way to load Paxum. For first weeks we were waiting fohr the situation to be fixed as we were assured
by both parties they are working on solution. That never came.
Therefore we started looking into other options, however, unfortunately those are limited and time consuming and pretty expensive
to make them work. Therefore it takes time and probably will take some more time. We would love to keep you informed but there
is nothing detailed known yet.

Anyway, if you had any suggestion or tips that could help us with the situation please share them with us.

Thanks a lot and sorry for the issue (which we did not cause)

Hello,

Yes, the news is that there is no bank in EU that is willing to open bank account for this type of businnes. If there is, it is very well hidden
and nobody gave us an advice who to contact. Therefore we are turning down Epoch and switching to SegPay. SegPay currently still pays to Paxum
so we have to hope it will be this way for at least couple more years as switching to them is costly.

Unless someone gives as an advice how to proceed with bank opening in EU for this type of company, we have no other choice than move to SegPay,
once the switch is complete we should be getting payments to Paxum in couple weeks.

I have to repeat this is completely Epochs fautl who fucked with us first without any previous notice stopping payouts to Paxum and then couple months promising
the issue will be resolved. They did not resolve a shit, they refused any compromises.

But since they accept PayPal and we have the rebills with them, we tried to resolve the matter by setting up new company in Europe that would be able to open bank account.
Lot of money invested and nothing but shit is a result. Sorry, ut I am totally upset, idiots from Epoch almost ruined our business.

Otherwise things would be perfect we have great platform for easy managing of update, semi-automated, we got lot of content from previous years in stock etc etc.

But we are unable to get one stupid bank account opened.

Any advice??

Henry Epoch (00:09:29 12/02/2016)
Yes we can send to Czech Banks my friend
We have a few clients from Czech

Are there any real advices from anyone? Henry is from Epoch, he is to blame here and not giving his "clever" advices.
The question stays as it was put, we need bank account for a company formed in one EU state and the bank otherwise in Europe.
Are there any real suggestions that we can take? Or nobody nothing (as I am afraid it could have been expected, everyone on forum
is superclever but when one asks for real advice suddenly nothing :-((((((

As I already wrote to you, if nobody helps us we will move from Epoch to the biller that pays to Paxum. But still the solution above would be preferred.
We are still trying, will give it little bt more time before we start with the switch :-(

Please let me know if someone gives there some other helpful advice.

If you think we should offer some money reward for the information leading to bank opening we can do that.

Thanks a lot,

уже второй год висит минималка, и тишина...