Who has actually received the payment from mylot?
By jasbir_pro
@jasbir_pro (283)
India
9 responses
@theproperator (2429)
• United States
11 Jul 08
If you had read the FAQ, you would know that you do not request your payout and that it is done automatically each month. As long as you have over $10 in your account at midnight on the last day of the month, that amount will be transferred to your paypal or moneybookers account by the 15th of the next month. MyLot does not send out checks as payment.
Here is the link for the FAQ on earnings and payment:
http://www.mylot.com/o/faq/faq6.aspx#1
BTW, yes, I have been paid by myLot.
@theproperator (2429)
• United States
12 Jul 08
Oh, so your question isn't really about myLot, it's about Paypal. It's usually taken about 2-3 days for my money to go from paypal to my bank account after I request it. It may vary depending on where you live and what bank you have.
@jasbir_pro (283)
• India
11 Jul 08
What I want to know is how long it takes to get the money in my bank a/c not paypal a/c. Anyway, thanks for responding.
@jasbir_pro (283)
• India
11 Jul 08
Thanks. Now I atleast have the idea how long it takes to reach halfway mark. It might take another week or so to reach my bank a/c I guess.
@greenline (14838)
• Canada
12 Jul 08
I have received payment from myLot. Just took 3 days to get into my bank account. That was quite fast coming through Paypal. I am very happy about it.
@jasbir_pro (283)
• India
12 Jul 08
That is good news. Earlier all I heard was that it needed a week or two to reach you. May be it is relative. Sometimes, somewhere it is faster and at other times, or somewhere else it is slow.
@LouieWpHs04 (4555)
• United States
12 Jul 08
I'm working on my fourth payment right now. Haven't transfered any of it to my bank yet though but when I do I could let ya' know how long it takes. I've never requested a cheque from mylot & as far as I know, I don't think they offer that as a feature. I could be wrong, but even if they did it's not really worth it for the costs of the cutting of the cheque and the low amount of money you get as it is. According to their rules. Once you hit the $10 minimum you'll get paid in your Paypal account or moneybookers as late as the 15th of the next month, but usually earlier between the 6th to 10th. From there, if you have your bank directly connected with your Paypal account I imagine the transfer would be fairly quick. A few days, at the most. Less then 24 hours at the least. Of course this is just a guess. sorry I can't give you a for sure answer! Also, you might want to consider your specific bank-type. Some banks may take longer to add the money to your bank then others. You should just read the payment processors policies you're using whether it be Paypal or Moneybookers. They should mention somewhere on their site the estimated time it usually takes to transfer over to your bank or to request one of them to send a cheque to you. You could always get a Paypal card? I mean, do you really need to have the money in your actual bank?
@jasbir_pro (283)
• India
12 Jul 08
Since I started this discussion, I have created some confusion because of my wrong choice of words. What I meant was who has received cash in his bank or a cheque by whatever intermediatory(like paypal, booker)? What I wanted to know was how much time it takes to have that money in my pocket to spend.
Of course, the responses (as yours) have helped a lot in getting an idea. Thank you.
@Blondie2222 (28611)
• United States
6 Sep 08
I'm not sure but it's nice 2 know now by reading ur comments. I haven't reached payout yet!
@mommyboo (13174)
• United States
12 Jul 08
I have received two payments from mylot via paypal, and I'll get another one next payout since I have already gone over minimum. I believe if you do paypal that it goes immediately, as soon as it shows they have paid you under earnings/payments, the money should have been transferred to you.
@mommyboo (13174)
• United States
12 Jul 08
By the way, just log into your paypal or whatever money transferring site you signed up here with. There will be an option to transfer funds to the bank account associated with it, you can then transfer your funds from your available funds in paypal to your bank account.
@amirev777 (4117)
• India
12 Jul 08
hi
i did recv my first payment couple of days back directly into my paypal account-off course it did take me a long time coz i was not very active in the beginning-i have been active off late and managed to earn quite a bit.
