What would happen if my payment balance reach its maximum
By silverfox09
@silverfox09 (4708)
United States
July 29, 2012 5:50pm CST
What would happen if my Account reaches $100 and I have not verified my PayPal ? Would my balance disappear are will it just go over to the next month and so on ?
4 responses
@GardenGerty (160949)
• United States
30 Jul 12
Why would you not verify your PayPal? I think this is a question for admin, if you are really serious. It will be a while before your balance would get that high.
1 person likes this
@silverfox09 (4708)
• United States
30 Jul 12
My current debit card is not a major debit card and I am not in the US so I cannot used a bank account . I will try to contact admin, thanks
2 people like this
@silverfox09 (4708)
• United States
30 Jul 12
I was entering my PayPal wrong . To verified PayPal it say major credit/debit card or US bank account . My option would be a card , and after my bank card is verified the money could go to my bank account .
@mysdianait (66009)
• Italy
31 Jul 12
There is often confusion about the minimum payout levels which are $10, $25, $50 and $100 - but those are minimum amounts and NOT maximums.
For example, if you set your minimum at $10, when you reach it you will not receive only $10 but the whole amount that exceeds the $10.
If you set your payout at the highest minimum of $100 but never insert your Paypal address then the amount will just keepincreasing (if you are active) until you update your payment information and then you will recveive not $100 but everything that exceeds that amount.
@silverfox09 (4708)
• United States
31 Jul 12
Yes its a common mistake some people make . I was kinda shaken up when I see my email not being accepted lol but it was my fault , I had a typo and I keep entering it instead or rewriting it . It was not until I decide to rewrite it I see that it was my own doing .
@lynboobsy11 (11343)
• Philippines
30 Jul 12
That is the main reason for me when I leave MyLot for almost 3 years because they changed their processor into Paypal. And that time Paypal is still not available here in my country. Only last year when I gotten the chance to have a credit card and so I already verified my account.
@silverfox09 (4708)
• United States
30 Jul 12
I know what you mean PayPal is in my country , The only thing I was getting an error say verified PayPal email . I now realize I was doing something wrong all this time . I never enter the correct PayPal email so that was why I was getting an Error message . I will still need to verified my PayPal to get the money in my bank account but at least the money will be in PayPal , and I can always transfer it to one of my family PayPal account that is verified . Thank you all for all your help
@kumar143144 (119)
• India
30 Jul 12
you amount inthe paypal will not disapper, but it is better to transer amount
from paypal to you local bank account. Try to verify you paypal account as
early as posible. If you are going transfer huge money from paypal to you
bank account you have to pay more service tax for that. Actually paypal will not
hold the money for more time, they will give reminder or updated to you regarding
your money in the paypal account. Get you account verified.
@silverfox09 (4708)
• United States
31 Jul 12
Really I have money in my PayPal for over 4 years now never get any notice but I a ok , I will get it verified when i get a major debit/credit card .