What's the tranaction rate?

China
June 28, 2012 10:14am CST
It's said that mylot is not responsible for paying the transaction fees earned by the users here. So I am wondering how much I should pay for the money transaction. How much do I really get for each ten dollars I earned here? Thanks for your response!
3 responses
topffer
@topffer (42156)
• France
28 Jun 12
You get $10 in your PayPal when you earn $10 : myLot pays the fees. Can you tell us where you have read this ? In the past myLot had another payment processor, and maybe this processor had fees ?
19jasmine73
@19jasmine73 (121)
• China
28 Jun 12
I learned this information when I was first applied for a paypal account. Is it a wrong piece of information ?
1 person likes this
topffer
@topffer (42156)
• France
28 Jun 12
All I can tell is that I have been paid several times by myLot, and that there was no fees : I got all the money in my balance.
19jasmine73
@19jasmine73 (121)
• China
29 Jun 12
It's good to hear that then . Thanks for the response!
hora_fugit
@hora_fugit (5862)
• India
29 Jun 12
myLot transfers every cent you earn here to your PayPal account. That if you crossed the minimum limit. Paypal may charge you some fees and they have got a conversion tool which is helpful to find out how much money you are getting if you withdraw.
hora_fugit
@hora_fugit (5862)
• India
29 Jun 12
As I said it's conversion fees. Sorry I haven't looked your country yet, so that fee may or may not apply in your case. It's paypal's conversion tool.... you can find it in withdraw page, as a link just below where you specify the amount to be withdrawn (...so, you must be logged in).
19jasmine73
@19jasmine73 (121)
• China
29 Jun 12
Thanks but where to find the convertion tool?
Lorden
@Lorden (348)
• South Africa
28 Jun 12
Perhaps if they have to pay by something else than Paypal, you have to pay for the fees. For example, if they pay you by cheque, your bank is going to ask you fees and exchange commissions.
19jasmine73
@19jasmine73 (121)
• China
29 Jun 12
That's possilbe. I got such an impression after filling up my account information and thought that I had to pay the transaction fees by myself.