Fate of my earnings for not having Paypal account?
By DoctorDidi
@DoctorDidi (7018)
India
March 21, 2011 9:22am CST
As my earnings from mylot are going to reach the minimum payout very soon but I have not yet succeeded to open my account at Paypal, what would be the fate of my earnings? Would the earnings remain accrued to my credit in mylot account and after opening of account at Paypal the minimum payout would be credited to Paypal or should I have to wait for the next minimum payout which happens to be $25, as far as I know?
2 people like this
18 responses
@mysdianait (66009)
• Italy
21 Mar 11
Your earnings will remain in your myLot account until you place the payment information in your acount here.
If your minimum payout is set at $10 then once you have a Paypal account you will receive your earnings no matter what the amount is, if it is more than $10.
You will not receive only $10 but $10 plus everything exceeding that amount.
1 person likes this
@mysdianait (66009)
• Italy
21 Mar 11
You think it is going to take that long to create a Paypal account?
@sk1ll4l1f2 (3)
• Israel
21 Mar 11
all you need to make a paypal account is a credit card. but if u dont have one you should set you're payout high until you get you're hands on a credit card
@aeiou78 (3445)
• Malaysia
21 Mar 11
You need to have a credit card too in order to verify your paypal account.
Many people can not verify their account because they don't have credit cards or charge cards.
Many of the sites will just get an excuse for not paying you without a verified paypal account.
@dorannmwin (36392)
• United States
24 Mar 11
Well, I believe that if it was me I would go ahead and get the paypal account set up as soon as possible because I'm the kind of person that always likes to get my money as soon as possible. However, if that is not possible and you don't have payment information set up with MyLot then they will not be able to transmit payments to you until you've set up a Paypal account. That means that you won't have to change your minimum payment, you will simply get your money at the next payday after you've entered your payment information.
@anil02 (24688)
• India
22 Mar 11
Opening paypal account is not a big problem. browse paypal and register your self with it. connect you bank account with it. i have both paypal and alertpay account. Your earning remains intact with mylot till you want withdrwal. I was not log in it for more than three months but the my earning with it remain untouch.
@tonyllenium (6252)
• Italy
21 Mar 11
yes if you haven't a paypal account you can't cashout because mylot send earnings just using paypal so till you did not specify your paypal id your earnings will stay in your mylot account...so you should open an account to receive them..
@celticeagle (168256)
• Boise, Idaho
21 Mar 11
Why are you unable to open an account at Paypal? I would move my amount up to $25 and hope that I can get an account by the time I reach it. I would wonder why I wouldn't be able to as yet. And if I knew for sure that I couldn't get an account on Paypal then I wouldn't continue on here if I wanted to get paid.
@agrim94 (3805)
• India
22 Mar 11
Hi doctor,
As far as i know mylot is a real genuine site as of today. It wouldnt take away your money. So it would be in your account so long you want it there and i am surprised why have you not made a pay pal account when it takes just 5 mins to make it. I am sure you are here for few months now because it shows you have participated in 1253 discussions. Also change your minimum pay out to 100 $ as of now so they donot send you. When you make your account then change it back to 10$, so you get paid in next cycle.
@dismalgrin (2604)
• United States
22 Mar 11
You can change your minimum payout to 25 dollars for now... and if you get your paypal fixed before next payout just change it back and you should be able to get your payout then.
@hardworkinggurl (37063)
• United States
22 Mar 11
As all have recommended you can continue earning with myLot and make no changes to the minimum. When you get your paypal situation settled and it is the next payout it will automatically go to your paypal.
Just wanted to reassure you that your money in myLot is safe. If you ever decide to take break from myLot make sure you at least log in once before 90 days because not doing so you will loose your earnings. Just wanted to let you know so that you do not get taken by surprise. Hope your paypal issue is resolved soon.
@jak2010 (1550)
• Papua New Guinea
22 Mar 11
I am in the same boat as you, but you are lucky because your country India is a paypal serviced country and as soon as you open an account with paypal your funds from mylot will be trnasfered there. All you need to do is to have a credit card where you can verify your account with paypal and this will enable you to cash out at an Indian Bank. For my case Paypal is not serviced in my country and my earnings will be accrued to such a time when paypal is operating in my country I will cash it out. I am also will be going to Australia and live there for a while so I might get my paypal account verified and have my earnings deposited in my paypal account. Till you open a paypal account, your earnings will be accrued so do not worry. All the best.
@tkonlinevn (6438)
• Vietnam
22 Mar 11
Mylot will keep your fund until you have had an PP account. I think that this is an interesting question. This is only a situation which you want to show to everybody. Right?
@jhonnysherlin (179)
• India
21 Mar 11
Just u put the account for certain dollars in my lot account put less it means 10$ for payment i think u didn't created your pay pal account so create paypal account other wise u didn't get all your payments monthly remember one thing if u earn money through my lot and u are created a pay pal account then put ur pancard number in that pay pal account.
@wickedspies (965)
• United States
21 Mar 11
I would say open a paypal account as soon as possible, its easy and its free. Unless you are completely computer illiterate it shouldn't take more than an hour tops to figure out how to sign up and verify your account. I don't know if you need to verify it i might have to double check, but all you need is a debit card account to link it to paypal, its totally safe even though it sounds kind of fishy. Good luck!
@Oldsix691418 (3872)
• China
21 Mar 11
Soon i'll confront the same problem,too.i haven't registered Paypal,and i think i had better do that.