Pay Pal account
@gpraveenkumar5 (981)
India
June 17, 2007 1:09am CST
I have reached 10 dollars yesterday. But I still dont have a paypal account. I am an Indian.
I want to know especially from Indian users whether paypal is effective. What type of paypal account do you have personal or business ? If you have been paid using paypal did you face any problems regarding payment. Is it easy to transfer the maony to your bank account ? Is there any monthy fee.
I am doubtful about the type of account I must choose ? Please help ??
Thanking you in advance !!!
4 people like this
17 responses
@hazelan (89)
• China
18 Jun 07
I am an chinese member.I have a paypal account and I have the personal account.It's easy and safe to transfer the money to your bank account.The paypal is effective in the world.It's ok!Don't worry!You ought to choose the personal account.God bless you.
2 people like this
@Luckykid_Rishi (424)
• India
17 Jun 07
Hi I am from India and I am using PAYAL account and my several frnds are also using paypal and we have not got any problem with PAYPAL. I think u shud take personal account and while u will have money transfer from paypal to ur bank account then paypal will deduct $5 as their fees. There is no problem in transfer of money and this is a relaible site.
2 people like this
@nampoothiripad (601)
• India
17 Jun 07
I could see from a discussion that Pay pal will charge 5 dollars for each withdrawal by cheque. If you have a credit card you can purchase any thing from sites for eg from ebay.com. good luck.
@gpraveenkumar5 (981)
• India
17 Jun 07
I think in India you need to get 150 $ to get paid from paypal. Anyway thanking both of you for your information . Have a nice day !!!
1 person likes this
@thende5852 (1)
• United States
17 Jun 07
I'm not an Indian but I do have a Pay Pal account. It is very effective and works like regular bank account. I use it for personal as well as business use. You can also get a free debit Mastercard that is linked you your account. I have never had a problem transfering money to my bank account.
1 person likes this
@lavenderbloom (1057)
• United Arab Emirates
18 Jun 07
Hi,
Can you explain in detail. How to use debit card to get money from paypal. How to apply etc and as u said about linking to paypal account. Thanks for the information.
@Alexandermitic (113)
• American Samoa
17 Jun 07
GO to www.paypal.com and take new account, is totally free
2 people like this
@asmurthy (2461)
• India
17 Jun 07
Mylot pays to indians only through paypal. You have to accumulate $150 in paypal account and then only they send a cheque to your house address. They deduct $5 as bank charges. So start accumulating dollars in paypal account. If you want cash immediately there is another method. I will send the details through PM.
@smartbrain69 (2790)
• Canada
17 Jun 07
Get paypal account as soon as possible and update your records at mylot and see how good it looks when money comes in your account. you have to collect money till you reach $ 150 in order to get money in India.
Best wishes.
@tinkutr (382)
• India
17 Jun 07
Hi friend. I am also indian. Make money from internet by providing web design Services to US guys. I am using paypal for 2 Years. You should make a personal account to use with mylot. And only when 150 $ reached you can withdraw it. Also there is a limit to send paypal to paypal. it is 100$. If you send 100 $ to any others or reached 100 $ transaction with paypal then you can't do paypal payments again. and i faced another prob is monthly withdraw limit is 500$. I could't withdraw amount above 500 in one month. Now i am happy. I added a Credit card and all limits now gone. Happy payments and Happy Withdrawel.
Feel free to visit my website http://www.trmmedia.softgenext.com
1 person likes this
@adijam265 (769)
• India
17 Jun 07
even i am indian and have a paypal premier account it is free to sign up and have one , i think paypal is very effective when we want to purchase somethinbg online, many companies accept a paypal account , i not faced any problems till now, and sorry i dont know about any fees to transfer money into your account , they might charge certain amount. But the fees is payed when you accept money itself, for example if antyone sends 0.76$ you get 0.43$ actually and 0.33$ as tax charges or something
@arunbongale (144)
• India
17 Jun 07
I too have the same problem. Thanks for starting this topic.
1 person likes this
@kkittu (426)
• India
17 Jun 07
i am also from india,i live in hyderabad............
i did not got paid yet, but my cousin is in mylot from 5 months and he got paid two times,he never with draw money or transfer to bank.
because if we transfer the money from paypal to bank,then paypal will charge 5$ to transfer.......and he advised to spend our earning for shoping online,because if we use our earning from paypal to buy some thing then paypalwill charge nothing 000 ..so think before what ever you do......GOODLUCK
KKITTU:
1 person likes this
@mrrtomatoe (800)
• Canada
17 Jun 07
I have never had problems with PayPal and would recommend it to you. The only problem is that they take a comission on payments made to you (ie. 2$ or something) so you loose that from your 10$ payment. Other than that it is reliable and if myLot does make a payment you will get it. In you PayPal account you may need to link your bank account to get the cash, or you can use you money on a site that accepts PayPal (ie. Ebay). Hope this helps
1 person likes this
@touchnshine (2821)
• India
24 Jun 07
Dear gpraveenkumar5
Go through this discussion started by me here --
http://www.mylot.com/w/discussions/993013.aspx
It will help you a lot and you will find the answers to many of your questions. Make sure you will go through each and every post in detail. If u still have queries you can contact me and I will be happy to assist you further:)
@abartakke (57)
• India
17 Jun 07
hi friend, u can open paypal account but dont go for premium account at this stage.. the min amount to withdraw from paypal is $150, but if u have less then that u can ues the cash to purchase on various websites such as ebay. but if u want to withdraw cash then u'll have to wait untill it reaches min level..
@oceansound (53)
• China
17 Jun 07
Firstly ,congratulations!
I think it is a long way for me to reach 10 dollars.
I either don't know any issues of paid by mylot.
I just try to accumulate the ammounts