earnings sent in paypal has its forfeiture?
By missjahn
@missjahn (4574)
Philippines
August 19, 2012 3:21am CST
i am new to mylot and earning on net as well. i am not used with paypal, as i chose this one for my payments in here. what i am gladly to know is that is there any forfeiture when not claiming the amounts being send to it from mylot after 30 days. i want some clarification upon this matter.
thanks in advance for the kindred help. :)
5 responses
@luxlyangels (1286)
•
19 Aug 12
I am not sure this applies to mylot. In anyway some sites do require you to claim the money sent to your paypal, I think its just a way to know some active account members or a way to protect the sender or something. It doesn't apply to mylot . Btw, havnt gotten my first payout here yet, but I'm so certaint hat this month would be my lucky month
@ravisivan (14079)
• India
19 Aug 12
luxlyangels
The credits made in paypal will be intimated to mylot members by paypal. then we can withdraw the amount. even otherwise it will not be forfeited.
but forfeiture is there -- in mylot --if a member doesn't log in for 90 days continuously then earnings made by him/her will be forfeited. he has earn from zero again.
@luxlyangels (1286)
•
19 Aug 12
90 days? U sure? I think I was awol on mylot for alomst 5 months or more and nothing happened, when I logged back in, everything was intact and am about to make my first mayout this month. So are you really sure about the 90 days thingy?
@luxlyangels (1286)
•
19 Aug 12
Okay. But how about my account that I left for a while. Anways its all good
@ravisivan (14079)
• India
19 Aug 12
missjahan
you are from Philipines. please check up paypal rules for your country. For India we have a system whatever amounts are credited into our paypal account--the same day evening paypal will remit to our bank account. I think in respect of others countries like usa, phil,uk--there is no such restriction and it will stay in your account.
You will get payment from mylot after completing the minimum amount selected by you -$10-- In case you complete in the month of August say before end --then payment will be made by mylot by 15th september. you will get email from paypal that your account has been credited. then you can use it, good day,
@ravisivan (14079)
• India
19 Aug 12
sreekutty
you are from India. Hope you have given details of your bank account, pan card number and all the details. anyhow for the first time i suggest you go paypal account and ask for withdrawal to your bank account -- code freelance journalism.
@sreekutty (1051)
• India
19 Aug 12
should we manually request payment in my lot or is it auto send to our paypal account sir?
@stanley777 (9402)
• Philippines
20 Aug 12
Paypal is the only payment processor being used by mylot for it's members for years.Once you have earned/reached the payment threshold which is $10 ( but you can change the amount with regards to your preference)they are automatically sent to your Paypal account. I think mylot will not forfeit your earnings even after 30 days once your payment had been transferred to your Paypal account.But I think it's not the same with checks, if it's not deposited in your bank within 30 days, the check would be cancel.
@kulisap (70)
•
19 Aug 12
I haven't received a payment from myLot yet, but with my other online jobs payments are automatically deposited on my paypal. I never really do anything. It just adds up to my paypal balance. But there was one time where an employer sent the money and I had to manually approve the transfer. Just check you paypal account and email from time to time to be sure.
@bdfreelancer (518)
•
19 Aug 12
I know about how PayPal operate when it comes to accept a payment sent to you. Some payments will go straight in to your PayPal account. However, there are payments that you must claim within 30 days after the payment was sent to you. After this period the funds will be sent back to the sender of the funds.
@ravisivan (14079)
• India
19 Aug 12
bdfreelancer:
perhaps it is a rule in UK paypal. pl verify. In India this problem is not there it will be automatically remitted to our bank when we exercise automatic remittance option.(even otherwise also)
