What type of paypal account i've to choose to get my mylot payment?
By eckarthik39
@eckarthik39 (51)
November 16, 2012 11:43pm CST
Hi friends i want to know what type of account i've to choose to get my payment in india.
5 responses
But concerning about your Paypal usage, I think Personal account would be sufficient. Later when you decide to have a larger business using Paypal, you can always upgrade your account for free, though. 
@owlwings (43907)
• Cambridge, England
17 Nov 12
A Personal account is sufficient. In India, however, you MUST have a bank account and PAN code in order to open a PayPal account due to restrictions imposed by the RBI. You must also be 18 or over to have a PayPal account.
@surekharathi (14146)
• India
17 Nov 12
Owlwings sir I not understand what type of account means I not remember I select which type of account I think paypal not ask me this type of question while creating account.
@FrugalMommy (1438)
• United States
17 Nov 12
I think you will probably need an individual account. When you choose that option on the sign up page after choosing India as your country, it automatically takes you to the form to create a new Premier account.
You'll need to add your PAN and purpose code to your PayPal account before you can receive any payments. You should also check their terms, since you might be underage. The minimum age for PayPal users in the US is 18.
If you can't create a PayPal account yet, maybe your parents would be willing to open one to receive payments on your behalf. Even if you can't open a PayPal account, you can still earn money here at Mylot. Just make sure you log in at least once every 3 months to keep your account active and your earnings won't be forfeited. 
@mrsuniega (786)
• Philippines
17 Nov 12
I think Personal account will do since mylot does only requires us to have a paypal as long as its working fine. it maybe a personal or premium it doesn't matter.
