Is paypal personal account allowed to be used for cashout?

@bulastika (5966)
Philippines
December 14, 2009 9:18am CST
Guys! tomorrow I will have my first cashout. Can I cashout using personal account paypal or do I have to upgrade to premier? thanks guys.
1 person likes this
6 responses
@babshish (1387)
• India
14 Dec 09
Hi Bulastika, for receiving funds and transferring funds you do not require to upgrade your account. You can very well receive payments in your personal accounts. Also you can use your personal paypal account for purchasing something online on the sites which accepts paypal. For more details on premier or Business account just go the paypal and read the benefit of those accounts.
1 person likes this
• India
15 Dec 09
Thank you guys you have enlightened me! I will be very much at peace now that I've heard it from others! Thanks a lot!
@bulastika (5966)
• Philippines
15 Dec 09
Your welcome..lolz.. Yeah..Mylots member are very friendly and ready to help anytime as long it not about financial help. lolz..
@marc1025 (67)
• Philippines
25 Dec 09
hi kabayan, yes you can actually use your personal acct to cash out the money, as long as you have credit/debit card or bank account wherein paypal will transfer the money to,
• Philippines
27 Dec 09
don't worry Philippines is one of the countries serviced by PayPal, if you did not receive the payment from mylot it is now their issue not PayPal Philippines issue, but i'm hoping that you will still receive your payout from mylot, and by the way Philippine Peso is actually included in the 23 currencies serviced by PayPal, just added recently in the list, before it was only 14 currencies
@bulastika (5966)
• Philippines
26 Dec 09
Thanks. But if you check in FAQ of mylot Philippines is not included as a paypal recipient.
@bulastika (5966)
• Philippines
26 Dec 09
That's why I'm curious if I can received my cashout.. I will wait for January 15 and see to find out. Because I'm cashing out this coming 15th
@kaka135 (14931)
• Malaysia
14 Dec 09
Congratulations! You mean you will have your first cashout in mylot? Well, I am using personal PayPal account to receive payment from mylot and other sites too. We will not be charged any fees by receiving payment. But, I haven't withdraw money from my paypal account yet. Perhaps you need to figure out how you'll withdraw the money later.
@bulastika (5966)
• Philippines
14 Dec 09
Yeah..Thanks.. I already enrolled my personal account. I only ask this question because I have read a fine line in earning section that I need to open a premier account. ... But now its clear. You don't need to have a premier account. thanks..
@linda1959 (110)
• United States
15 Dec 09
you do not have to upgrade anything.
@bulastika (5966)
• Philippines
15 Dec 09
thanks.. I'm done.. I will just wait next month for my cashout.. Hope I can get 20 dollars..lolz
@bhav27 (442)
• India
15 Dec 09
To get payment from any site you just need to have a account , the account type is never matters , no matter you are having which type account wither premium or business or something else , just attach your PayPal email id with mylot and you will receive this month payment the next month as payment of this month is already done.you amount will be carried forward to next month and at 15 of January you will receive your payment in your PayPal. So all the best and congrats for your first cashout in advance.
@bulastika (5966)
• Philippines
15 Dec 09
Thank you. I already sort things out. And I already updated my payment procedure. I will just postpone my celebration.
@borg246 (539)
• Malta
14 Dec 09
Yeah! Congratulations on that dude! If you read the FAQ and look at the payment information, I think it says that you can do it with a personal account and don't need to upgrade to a premier, especially since you are only recieving funds and that Mylot claim that they have spoken to paypal about this. So, yes, you can cashout using your personal account. I hope for the best, goodluck, hope you do recieve your funds and have a nice day!
@bulastika (5966)
• Philippines
14 Dec 09
Yes..that why I'm intrigue because in earnings section. If you still don't update your payment procedure. Their is a thin line that state that you need to open a premier account. So why did they mentioned premier? Why not just a simple open paypal account. .. thanks.. I already done updating my payment procedure. I just hope that they removed the "premier" in how to open an paypal account to removed confusion. ... Thanks.. It nice that you survive the Ice Age..lolz