paypal ...........always in profit and we in lost!
By coolcat123
@coolcat123 (4387)
India
June 19, 2007 1:25am CST
have anyone ever thought about this...that as we know that the minimum payout of paypal for india is 150$,and which is much big to earn on internet or mylot so most people leave there earnings as it is bcoz its hard to earn whch they give up while the earned 20-30$ are left with the paypal party.
i too in the middle thought about leaving those pennies with them but i have worked hard for those and dont want to leave it in such an easy way.
how many people should have left there earnings like that......ah..it should have been a big amount for paypal and so they are the great profitters by this min.payout rule which i think is very unfair with us.
1 person likes this
7 responses
@alpine_007 (1469)
• Pakistan
19 Jun 07
hey, i am near to 200$ in my paypal account which i have made in two to three months time from many sites. i think that there is no minimum payout rule in some countries, i think that the country which i have chosen has no minimum payout level in paypal but still i want some big money in there and then i will take it out.
2 people like this
@GardenGerty (160949)
• United States
20 Jun 07
I leave my money in PayPal as they are paying over 5% interest. Where else can your pennies do so much my friend. I am not tempted to go spend them, as I know they are working for an even greater amount for me.
1 person likes this
@cosmopolitan (1263)
• India
25 Jun 07
Is paypal like a savings account?Does they really pay interest.Please let me know it.I will be waiting for the reply even if it takes several days thanks
@Willowlady (10658)
• United States
19 Jun 07
The idea for you would be to just let it add up a bit and then order something. PayPal has a list of stores that will take PayPal and that way you could earn a bit and then add something to your life. I buy Christmas gifts and perfume for me and movies and such. Of course, this earning also pays a few fees for things I do online and thus my real world money does not come into play. Good luck with this.
1 person likes this
@deepakraaj (14)
• India
19 Jun 07
coolcat can u tell me one thing
as i ma from india also..
have u got verified...paid that 1.95 dollar fees and added the 4 digit code number in the credit card statement....??
plz reply at the earliest....
and is it really 150$ min for indians....
i have also heard it....
1 person likes this
@coolcat123 (4387)
• India
24 Jun 07
yes,deepak......150$is minimum payout of paypal for indians and making it is difficult enough.
i am not yet verified.
@touchnshine (2821)
• India
24 Jun 07
Dear coolcat123
Well I never wait for $150 to grow in my paypal account and I take it as soon as possible through www.xoom.com ... yes this site charges some fees but the good news is -- that I get my money within 2 - 3 days time and in my bank account so I don't mind paying fees to xoom. For more information about paypal withdrawal you can check the discussion started by me here --
http://www.mylot.com/w/discussions/993013.aspx
Second option which I can suggest you is go shopping through www.ebay.in -- look for the items of your interest -- ask the sellers that they will accept paypal or not -- you will find many sellers who will accept paypal and then you can pay them via Paypal.
http://stores.ebay.in/touchnshine
@coolcat123 (4387)
• India
24 Jun 07
thanx for the information.both will be much useful for me incase if i am unable to complete 150$ in my account.
@rdougl (469)
• United States
25 Jun 07
I would say just leave the money in paypal and continue working towards the payout. Your money would be more valueable to you at the payout level than just stoping and leaving it there. Plus that would be somewhat of a cook accomplishment even if it is just $150.
@Lydia1901 (16351)
• United States
22 Jun 07
Well, I did not know about that. I don't have any payout like that. Maybe it is made for certain countries only. I am sorry to hear that is happening to you.
