Money Matters: Paypal and Mylot
By emelsmarie
@EMbakes (1142)
Philippines
September 6, 2016 10:43pm CST
When I clicked the Payments section, it states there that I needed to earn at least $5.
I made a Paypal account two years ago but did not bother opening it again. Now that I am active in Mylot again, I no longer knew how to link the two because even the settings in Paypal changed.
Do I have to enter my bank account for my earnings in Mylot to be transferred in my account? Thank you.
6 people like this
12 responses
@EMbakes (1142)
• Philippines
7 Sep 16
I think I already verified it on my gmail account. I hope I'm doing the right thing. 
@louievill (28851)
• Philippines
7 Sep 16
If you have a bank account you will have to add it in add bank in order to transfer your earnings. Are you Pp verified? If you are then you can also cash it out to your credit card or you can also add a debit card if you have. There are fees in every transaction so just read it very well
1 person likes this
@louievill (28851)
• Philippines
7 Sep 16
@EMbakes check first if your paypal is still active, is your account verified? Then ask Bpi if you can attach a savings acct. Cause mine is checking.
Transfer from mylot to pp is automatic if you have added you address to your profile, not so sure if 5 dollars is default already or you have to set it.
Transfer from pp to your bank account is manual and like I said would have charges.
1 person likes this
@EMbakes (1142)
• Philippines
7 Sep 16
@louievill May I ask sir if what bank did you choose for your online earnings?
1 person likes this
@EMbakes (1142)
• Philippines
7 Sep 16
I think that my account is already verified in my email address. If that is what is meant by verified 'cause most of the Mylotters are saying it.
@silvermist (19702)
• India
7 Sep 16
First you have to check your paypal account and make it active again.I do not know the rules as it differs from country to country.You may have to link your bank account.Here in mylot there is no problem.Furnish the paypal account email and the money will be automatically transferred before the 15th of the succeeding month.
1 person likes this
@psanasangma (7287)
• India
7 Sep 16
I think if your pay pal a/c has been verified then you don't need to keep on adding your bank a/c no again and again if you redeem from any sources from earning site it will direct to paypal then to your account
2 people like this
@succeednow (1633)
• Singapore
7 Sep 16
@EMbakes I think you also need to have a verified PayPal account.
1 person likes this
@succeednow (1633)
• Singapore
7 Sep 16
@EMbakes You can sign into your Paypal account and check.
1 person likes this
@rairaianne14 (316)
• Quezon City, Philippines
7 Sep 16
I just signed the paypal a while ago before starting a discussion. Paypal requires the account number of the card you wish to have your earnings sent. So I think Paypal will just transfer the earnings to the account once it's payout time.
1 person likes this
@EMbakes (1142)
• Philippines
7 Sep 16
Good thing that transfer is just so convenient nowadays. Thanks for posting! 
