Is paypal verification mandatory fpr Mylot ?

You need to get verified to recieve funds to the paypal. You can recieve the payout from Mylot even without getting verified. Even to recieve the money from Paypal, without verification you can recieve directly to your bank account once you have any international bank like ICICI or HDFC and could able to link the account. cheers

I don't think that a Verified PayPal Account is mandatory for use with MyLot. But in the case of withdrawing the money from PayPal, I have no idea that whether its mandatory to have a Verified PayPal Account or Not?

Hi To get more information on paypal and the procedures .. I request you to go through two of my discussions which I have started specially for my Indian friends : This is the current one: http://www.mylot.com/w/discussions/1398624.aspx This is the older one (When I used to withdraw my money through xoom -- but it's still worth reading -- because -- it will clear many of your doubts about paypal)-- http://www.mylot.com/w/discussions/993013.aspx Please make sure you go through each and every post -- and if you still have some doubts please feel free to contact me -- I will try my best to help you.

Paypal verification is not at all mandatory for receiving the money to paypal account.. only the E-mail Id is must for receiving the money to the paypal account.. But as for as withdrawal of money from paypal, we have both the opinion form the mylot members.. When i went thorough the discussion, couple of members openly says that, they have received the payment from the paypal and they use to withdraw the money from their account reguarly.. they said they have done this for the past one year.. from their unverified paypal account.. On the other hand, some of the others use to tell that, for receiving the money paypal verification is not necessary, for withdrawal of cash from paypal, the verification of paypal is must like that.. Since i hav not received the payment yet.. i don't have any personnal experience.. and also i have verified my paypal account also. You can check the paypal by sending the mail to them.. All the very best..

No, you don't need to be verified in order to receive your payment from MyLot. Though you can only receive an amount within the limits set by PayPal ($100). If you have a PayPal balance of $100, and you requested a payout from MyLot, it will not add another $10 to your account because of the limit set. You can lift this limits if you verify your PayPal account. Also, you can send as much as $500 every month plus other advantages of being a Verified PayPal account holder.

nope, i dont think so.

You mean, if you need to verify your paypal account so that you can receive your payment from mylot? No, you don't have to. I received my payment even if I'm not verified. But in order to withdraw your money from paypal you still need to verify your account there.