I tested Paxum's ACH/ETF deposit this morning. It takes about 1.5 weeks to get your money into your account and its about $5 (More expensive and longer then Dwolla)
Still, its cheaper then credit cards and still cheaper and faster then wires
1.5 weeks for a wire? wat is dis shit. Also, ACH isn't supposed to be more than 5 days, right?
Ya, they say 5-7 days for ACH, but thats not including
weekends (business days) so its more like a week and a half.
Wire's are about the same timing, but I've *heard* wire's could be longer. It's no doubt that ACH is still MUCH cheaper then wires.
All in all, I'm giving Paxum credit for getting their ACH/ETF system back up. Now all they have to do is making timing faster!