Receiving Payout Porblem.....
By marababe
@marababe (2503)
Philippines
May 16, 2007 5:54am CST
I'm near my minimum payout of $10. Maybe tonight or tomorrow I'll reach it since I'm only $.34 short.
So now my problem is that I can only use E-Gold here in the Philippines. I tried to make an account in PayPal but it is still unverified so I still can't use it and even if I verify it, I can only SEND money. Not cash it out.
What I did is I changed my minimum payout to $50 because even though I can still access my E-Gold account, I don't want to take the risk. This $10 that I've worked for is hard work.
I'm feeling nervous and sad right now. I am enjoying my stay here in MyLot but I was also thinking of just quitting if I won't be able to receive my payment anymore. I know, money is just my second reason but with what's happening with my dad right now I can really use some extra cash. So, instead of spending time here and will not be able to receive payment in the end, I'll just FOCUS looking for a part time job instead. It would be great to have both MyLot and part time job if only this issue will be resolved.
I don't know.
I really hope this E-Gold issue will be resolved soon and if not, maybe they could just send us a cheque or other accounts like Paypal and E-gold that can serve MyLot users from the Philippines also.
OK, I don't know what to do anymore. I'm too tired and confused. I was excited to receive my payment when this problem happened.
I hope MyLot will come up with something on how to pay the users who can not use Paypal and other accounts except for E-Gold.
3 people like this
10 responses
@steney (1418)
• Philippines
18 May 07
Hi marababe! Don't fret. I'm also a Filipino and I have successfully exchanged my e-gold with PGX (Pinoy Gold Exchange)the other day and got my money in my ATM this morning. They have lifted the suspension on sell orders, though the daily limit was set from $500 2 days ago to $100 the other day. I guess the daily limit varies depending on the availability of funds. Somehow I'm glad I took the risk of getting payment from mylot through e-gold, as I'm really happy with my hard earned money at hand now. I hope e-gold gets cleared with their cases so we can all rest our mind in peace.
I know how it feels to risk hard earned money. I just did! And it's even $20. The e-gold issue also happened when I reached my first payout. But then I thought, what the heck? I just waited for PGX to accept e-gold selling again, and they did. So there's still hope and I suggest, just keep on mylotting!:) Anyways, aside from mylotting, it's also good to have a part time job to augment your financial needs. It's a good fallback and you can earn more money through it than solely mylotting alone. Goodluck! :)
@RAMPersona (2033)
• Philippines
16 May 07
haven't you reached PGX or www.pinoygoldexchange.net ? transaction of selling e-gold to them is now open again 05.16.07 but the new rate is: -5% of e-gold and a maximum of $100 so, ex. if you want to sell your e-gold worth $20, you'll receive $19 .the amount is deposited in your ATM/Bank account
@marababe (2503)
• Philippines
16 May 07
Yes, PGX is open again but how about the E-Gold issue with the US Department of Justice? MyLot hasn't cleared it out yet that E-Gold is now OK to use again without taking risks, meaning it is safe and secured. My problem is that if I insist to receive my payout through E-Gold, I might not receive it because of the problem it is facing. I don't want to take that risk.
@RAMPersona (2033)
• Philippines
16 May 07
unfortunately we're hanging by a thread right now with this issue. until e-gold's problem is resolved or a fully featured PayPal is available here in the Phils we can only ask myLot to find other suitable means like through check..
@easy888 (10405)
• Australia
16 May 07
Hello,marababe,I think many members from your country have same experience like you,honestly i may not be able to suggest you anything but i do concern with the members using egold. So can you actually open your egold account and cash out there??I think some of the members from your country may help you solving this problem or giving you some suggestions,Hope you will receive your payment,
Good luck.
@nielcdg (709)
• Philippines
12 Jun 07
Egold is no longer stable form what I heared from others here my suggestion is try moneybookers they work like paypal but now you can add a Philippine bank account as long as they have a swift code. MetroBank and Banko de oro have swift codes. They will send it to your bank account after you withdraw it same with paypal.
its https://www.moneybookers.com/app/?rid=3651842
message me if you have other questions okay
@godhunter_18 (106)
• Philippines
12 Jun 07
i think mylot is already using moneybookers. it's quite complicated though.
@nielcdg (709)
• Philippines
12 Jun 07
no its not its quite easier than e-gold why do you say its complicated? What's more complicated having you gold in e-gold then selling it to a gold exchanger then giving them your financial info then waiting for them to update your account or...Having a moneybookers account then recieving it there and if you think you have enough just withdraw it to your bank...Complicated is different from "Idont really know how it works.."
@josephperera (2906)
• Sri Lanka
9 Jun 07
I think your problem is now solved with the latest alert of mylot received today (9.6.2007). According to that you can process your payments through 'moneybookers'. Even I am not familier with this as I have not yet checked to see how I should do it. Anyway I got paid into my e-gold today, and have already witdrawn the $12 and invested in a Hyip.
@andak2007 (3229)
• Philippines
18 May 07
i really hope so that we could find better alternative than e-gold because it is really risky that our money is sitting their..even if it is just small amount but still it is a rewarding thing to know that we got paid by our effort here in mylot right?
try cashing out your e-gold to pgx i think it is still ok.
@bluewings (3857)
•
18 May 07
Don't worry ,Mara.I am no fortuneteller but I have been with e-gold since more than 4-5 years and they have gotten into trouble with authorities several times ,but on every occasion they came out cleaner and stronger than before. Once they were charged with protecting accounts that were involved in money laundering ,but on investigation they found that the account was just siphoning funds earned in casino to their bank account.Give it some time and they would be back in business with a bang.This is my personal experience.Yes,I could be wrong ,but I daresay history will repeat itself in this case and you will get your payment even if it's a little delayed.
@laiyongjun (1336)
• China
16 May 07
i am a newbie here. sorry, i couldn't give some advice to you. but i hope somenoe here can help you . everything will be fine.
