The first time I learnt about a Paxum account was after I signed up to use Adsterra. At the time, Adsterra has multiple payments options for bloggers in Nigeria so I kept using Webmoney until they discontinued the service in May 2025. This made me shift my focus to Paxum, Bitcoin, Wire Transfer and other payment modes that were available in Nigeria.

What exactly is Paxum?

Paxum is an online payment platform for making and receiving monetary payments. It is a digital and electronic wallet for storing, managing your fund, and also helps you to make payment to and also receive money from any part of the world. Paxum is supported in over 50 countries, and the platform supports over 20 currencies.

How to Create a Paxum Account in Nigeria

Nigerians have been looking for simple ways to receive money online, and also ways to make payments and other financial transactions online. One of such methods to receive funds into your bank account in Nigeria is via Paxum, an application which works like an e-wallet much like PayPal, Payoneer, Skrill, Webmoney, and a host of others.

Payment platforms can tighten their security architectures to make the system hack proof. This is one of the very important things Paxum has managed to put in place. A strict security architecture.

If you earn money online, you may have discovered that one or more of the companies you work with make payment via Paxum. Hence, you will be able to receive payments from these platforms if you have your Paxum account set up and ready for payment.

One thing I want to clearly point out at this point is that you cannot just start receiving or sending money with Paxum by just signing up on the platform. There are certain key steps you need to take in order to unlock the ability to make financial transactions on the platform.

To sign up, head on to https://portal.paxum.com/register/personal to register a personal account or head on to https://portal.paxum.com/register/business to register a business account.

Below are the differences between Paxum Business Account and Paxum Personal Account.

Paxum Business Account

    Mass Wire Transfers to your clients worldwide
    Mass EFT Transfers to your clients worldwide
    Send Payments to other Paxum users
    Receive Payments from other Paxum users
    Reduce your payout costs
    Competitive Pricing

Paxum Personal Account

    Get paid for your work
    Send Payments to other Paxum users
    Receive Payments from other Paxum users
    Multiple withdrawal methods including Paxum Prepaid Card


Choose your account type and fill the necessary information. Thereafter proceed by filling out the forms on the following pages. Once done, submit the application. Now you can login to your account via your email address and the password you provided during the account creation process.

How to Withdraw from Paxum to your Nigerian Bank Account

Upon the receipt of your payment, your next question is about how to transfer and access your money from a Nigerian Bank account.

This is the first step to beginning sending and receiving funds, payments and money on Paxum

 

Conclusion

Having an active Paxum account in Nigeria is not a herculean task as it may seem.