can i take all d money earned at once on mylot?
By amritha3009
@amritha3009 (70)
India
September 21, 2012 4:15am CST
hello everyone.. if i hav earned a certain sum of money in 3 months can i take all dat money at once after 3 months instead of taking month by month?? And how do we get our money on mylot i havent registered with any paypal accounts so can i register my paypal wen i want the money at that point of time?
1 person likes this
3 responses
@MIMO_Rulz_111 (2074)
• India
21 Sep 12
The minimum payout here in myLot is $10. When an user reaches that mark, myLot pays whatever balance he/she has in their account in the next date of payment. If you wish to receive a specific amount, as your targeted money from myLot, you should set your minimum payout accordingly here: http://www.mylot.com/nr/editPayment.aspx
Once you reach your set minimum payout, myLot will pay you when you reach that mark. You can increase or decrease your minimum payout mark at anytime. myLot only pays via PayPal. Since you're an Indian, you'll need a verified PayPal account to receive payments from anywhere, including myLot. So if you haven't signup with PayPal yet. Do it now. Its safe, secure, user-friendly and most importantly, its free. So don't waste your time by waiting, create one today itself. It takes about a months time to get verified, so why wait? If you wish to create a PayPal account only when you want to receive payments from myLot, you may do so. But since it takes long to get verified, you may have to wait for a month additionally. According to RBI rules, only verified accounts can receive money. For any query regarding earnings and payments, check this page: http://www.mylot.com/o/faq/faq6.aspx
Good day!
@amritha3009 (70)
• India
21 Sep 12
hey thnku so much ur answer was very helpful.
How much tym does it take to get our money into our account once the minmum payout is reached?
@MIMO_Rulz_111 (2074)
• India
21 Sep 12
Amritha, this is my second month in myLot. I haven't received any payment from myLot yet. But this month I'll qualify for the minimum payout, as I'm at $9.65 now. Thus, I'll receive my first payment on the 14th or 15th of next month. These are the dates myLot usually pays. So I'm not sure how much time it takes for the payment to reach us. However, most reputed websites pay instantly. That means you receive the payment within a few minutes when such a website chooses to pay. Like on the 5th of this month Adf.ly paid for the earnings of August. They are one such instant pay website. Thus, I received the payment on the very same day, actually in a few minutes of remittance. I hope myLot is of the same kind as well. But I can only confirm when I receive the payment from them.
@riyauro (6421)
• India
21 Sep 12
no you can't take all the money like that. First you have to have a minimum balance of $10 and then you have to have a qualify for payment in the a month before to get payment. It is will paid how much you have earned till the end of the month and the payment will be made to you in the middle of the month. I hope I was clear, if you have any questions, you are welcome. Thanks for sharing and have a wonderful day ahead.
@mysdianait (66009)
• Italy
21 Sep 12
riyauro please read the above responses which might enlighten you too
@bdfreelancer (518)
•
22 Sep 12
The payment is made automatically by Mylot on the 15th of each month if you reach the minimum payout as I have come to know. If you set the payout amount to a specific amount then you will be paid based on the payout limit.