Earning without paypal accoutn
By tgvspeaks
@tgvspeaks (75)
India
October 10, 2011 2:37am CST
Hi , I have not added a paypal account to my id yet. I am aware that this is a phase of Mylot where there is some glitch with payment. But once it is set right, will not having a paypal account change my earnings? Also once I add my pay pal id will the money get transferred or will it start afresh?
1 person likes this
6 responses
@owlwings (43910)
• Cambridge, England
10 Oct 11
MyLot only pay by PayPal, so, unless you add your PayPal ID, you cannot retrieve your earnings. However, you don't need to worry about it affecting your earnings. If MyLot don't have a PayPal ID for you, your earnings will just accumulate until you supply one.
You should be aware, however, that payments are made automatically within 15 days once you have reached at least $10 (or whatever minimum you have set above that) by the end of any month.
As long as you simply log in at least once every 90 days, your earnings are safe with MyLot!
Read all about it (and more) here: http://www.mylot.com/o/faq/faq6.aspx
@tgvspeaks (75)
• India
10 Oct 11
Thanks a lot :) I will increase my min amount so that I can hold it back for a while
@owlwings (43910)
• Cambridge, England
10 Oct 11
You can do that if you wish but there is no real need to. If MyLot don't have a valid PayPal ID for you, they will simply hold your earnings until you enter one.
@naseemkum (1803)
• India
12 Oct 11
Wings sir its sure that we wil get paid from mylot every 15th of month if we reach 10$ in previous month. If we dont had paypal id with us we can be never paid by mylot . Why mylot having only paypal. Is there any other service fees that mylot detect for those 10$ payout.
@stary1 (6612)
• United States
10 Oct 11
Setting up a Paypal acount is really simple. It takes just a few minutes. Whatever you have earned so far is yours and won't be deducted just by setting up a paypal account. In fact it will assure you are paid from this site into your account at paypal.
Welcome to the myLot board It's a really fun palce to be.
@Sreekala (34312)
• India
29 Oct 11
Hello tgv,
Mylot is paying through paypal only and you should open a paypal account for getting money from mylot. Earlier there was no restrictions in paypal, even an unverified account holder can get the money in paypal and transfer the same to bank. Now paypal become strict with its users and we have to verify the account for getting money. We should update our PAN card details, purpose code and link the paypal with bank, so that they can transfer money automatically to our bank when we receive money in paypal.
I think you can open a payapl account and update it with mylot. Please make it sure that the name in your paypal should exactly the same in your bank account and PAN card.
@Youreyes4Today (2356)
• United States
11 Oct 11
I know someone who has had the samething going on.. She has been earning in mylot for a year now. No paypal account. Her earnings are just adding up in her account here in mylot. I believe once she sets a Paypal ID in her account they will send the earnings the next month.
She may have set her earnings higher before payout, I don't for sure. She logs in at least once every month or so.. she has been busy with personal life the last six months or so.. she has logged in though to keep her earnings and so far she hasn't lost them.
@soapies1973 (931)
• United States
10 Oct 11
If you don't want the money right away and are close to the $10 just make it a lot higher. That will solve your problem. Take care.
@naseemkum (1803)
• India
12 Oct 11
Creating paypal account is not an easy one. I make long time struggle to create my paypal id its not easy like creating yahoo. Simply we need pan card to create paypal account so i take pan card for creating my account. So i immediately update mylot with my paypal account. Its easy to get payout instantly when we reach minimum payout.