What is the purpose of Minimum Payout?
By tonyxxx
@tonyxxx (693)
India
April 13, 2007 1:09pm CST
Mylot gives us choice to select the minimum payout amount like $25, $50 , $100.The default is $10.Now what is the purpose of different minimum payout amount.I can't get the reason.Does it makes any difference if we select a higher minimum payout like $100?Does it makes any difference in the earnings or it is just for a member's goal?
2 people like this
3 responses
@bcote212 (1112)
• United States
13 Apr 07
I would have to think that it is just the preference of the user. If I get $10 I know that I am going to blow it all at McDonalds or on gas for my car. On the other hand if I get a payment for $100 it gives me more options as to what I can do with my payment. It just comes down to what the person wants to recieve, and what they want. Like you said a personal goal.
@cowgirl2701 (2079)
• United States
13 Apr 07
Some people would just rather wait till they have earned more to get paid. Keeps them from spending the money. They may want to buy something that cost $50 dollars. If they set their payout for $50 then they can buy it when they reach their $50 payout. It is just a personal preference.
2 people like this
@sunshinelady (7609)
• United States
25 Apr 07
The amount of money we want to get paid at is a personal goal. I did ten until I got there and still had time to earn before payout. Than I upped it to 25 and I have been paid. I don't think it really makes a difference. It is whatever payout you want.
1 person likes this
