Should I verify my paypal account ??
By divinchris
@divinchris (2449)
India
September 21, 2008 4:29am CST
Hi friends!
I have reached my payout level,but I have not verified my paypal account.Is it necessary to verify by paypal account.I have no idea about it,whether I wont get my payout if my paypal is not verified.Share your views,it will be very helpful to me.Thank You
4 people like this
15 responses
@elguiruela (631)
• Japan
21 Sep 08
You should verify your paypal account or else there is no way you can get your money from paypal. That's howe evil they are! LOL
Even if you don't have a verified paypal account, your earnings in myLot will be transferred it. But on how to get your money from paypal is another story.
Paypal does not know how tthey will give the money to you other than through your bank account. So you really have to verify your account with them.
@elguiruela (631)
• Japan
21 Sep 08
I forgot to emphasize that verifying is a necessity when you want to transfer your money to your bank account. However, if you just want to buy things online using your paypal, verifying you paypal account is not required.
1 person likes this
@divinchris (2449)
• India
21 Sep 08
Thank you so much.Thats what I want to learn from you.I will verify my account later,im glad that mylot will transfer my money to my paypal account.
1 person likes this
@Ramsesxlll (1431)
• Finland
17 Mar 10
Thanks a lot. That really helped me, even if you posted it like 1 year ago xD
@divinchris (2449)
• India
21 Sep 08
Thanks for sharing!Im glad that I learnt a lot from you.
1 person likes this
@gerald_lian (2188)
• Australia
21 Sep 08
It really depends on how you want to use your paypal account. If you want to use your paypal account to primarily receive funds, then verifying is not really a necessity but you can still verify if you want to. On the other hand, if you want to use your paypal account primarily to pay others money, then being verified is better because it helps other people put their trust in you to pay them. But as you have indicated that you just want to receive payment from mylot, then I think verifying your paypal account is not really necessary. Of course, you can still verify if you want to, but bear in mind that it might take a little bit of effort and time on your part. Note that you still can use your paypal account to send and receive money even without being verified; however, I think there are limits to your account eg. you can only send (to your bank account) a certain limited amount daily or so on. So, like me, even when I'm using my paypal account primarily to receive funds, I still verified my account because it is definitely worth it to do so.....the choice is in your hands!
2 people like this
@divinchris (2449)
• India
21 Sep 08
Thanks so much!Im so clear now.Thank you for that.
1 person likes this
@ChristLikeFarmer (563)
• Philippines
21 Sep 08
No you dont need to verify it and yes it will still go to your paypal account. If you want to feel your money on your hands as in cold cash then definitely you need a card to verify it but if you only wish to use your money online theres no need to verify it. Theres are advantages if you verify your account with a card your sending money will be lifted meaning it will no longer be limited to a $100 a month. I hope this helps!
@divinchris (2449)
• India
21 Sep 08
Thanks for the information.Im not having my own paypal verifiable credit/debit card can I use my parents card to verify my account.Is it possible
1 person likes this
@maryrajam1962 (257)
• Malaysia
21 Sep 08
Yes you need to verify your paypal account in order to receive your payment. You will need a debit card or a credit card for verification. Kindly check with paypal for more information.
2 people like this
@divinchris (2449)
• India
21 Sep 08
If I dont verify my paypal I wont get my money from mylot.Is that what your telling ?
2 people like this
@warrior_777 (1392)
• Philippines
21 Sep 08
You need to verify your paypal accounts to be able to transfer your money to your bank accounts and later to cash it out. But If your intend to use your paypal money just to buy online you can verified that maybe a later time..
But If you want to cash out your money verifications really needed..
@divinchris (2449)
• India
21 Sep 08
Thanks for the information.Is it possible to use my parents credit card to confirm my account.
1 person likes this
@zyrabell34 (2)
•
26 Dec 12
it means i cant receive my earnings in mylot without verifying my paypal?i thought unverified paypal can still receive payment from any companies.
@limcyjain (3516)
• India
22 Sep 08
I have been paid atleast three times by mylot till date in my paypal account and it is unverified. There are limits on the amount of funds that can be received in a non verified account otherwise you can transfer or recieve funds within the limit provided. Infact i have even got my funds transfered to my bank account from paypal recently and the transaction has been completed smoothly even when my account remains unverfied.
@lilaclady (28207)
• Australia
21 Sep 08
I don't think it is necessary, I have a friend that has never verified theirs but i think it is good to do, I think it gives other people confidence in dealing with you, at least i think that is the reason.
1 person likes this
@divinchris (2449)
• India
21 Sep 08
Just tell me,if I dont verify my account whether mylot will pay me.Im so confused only 9 more days to go.
1 person likes this
@ronaldinu (12422)
• Malta
21 Sep 08
Divinchris yes you should verify your paypal account otherwise you will find difficult in getting paid. Make sure that you have entered the credit card details correctly.
1 person likes this
@LilyoftheThorns (12918)
• United States
21 Sep 08
Yes you should verify it :) When I first joined mylot I didn't want to make a paypal account; I was paranoid about what it was, and what could happen with it...I think about 8 or 9 months after I joined Mylot I FINALLY made a paypal account lol. And I love it! It has been absolutly amazing, no problems what so ever. And I love using it to buy things online instead of having to put in my credit card info. :D
Good luck!
@Ramsesxlll (1431)
• Finland
17 Mar 10
But you didn't answer that is it needed to verify your PayPal account for getting paid from myLot...
@rayearth2601 (379)
• Indonesia
22 Sep 08
if you want to receive payments into your paypal, it can be even your paypal unverified, but you can't use it to pay or transferred your account to another paypal accounts, and unverified paypal accounts have limit of transactions till $100
@shack1 (3)
• Iran
22 Sep 08
hello evryone i have a question about paypal accounts if someone knows the answer id b grateful if u lemme no . i made an account last week and i added my debit card (visa) .and its even confimred but when i sign in paypal on the 1st page it shows zero balance ! even though i have some money in my debit card .any on has any idea what might b wrong?
TY
@divinchris (2449)
• India
22 Sep 08
I dont have any idea about it.I will help you once I found the answer.Happy mylotting
@carmela0210 (1591)
• Philippines
21 Sep 08
i really dont know, im just new in mylot, and this online thing, but as my referral say we have to have a credit card before we verify it.