about myLot payment specially for Indians be aware
By NancyLobo
@NancyLobo (680)
India
April 15, 2007 6:52am CST
I was also mislead by so many posts that people from India are getting their first $10 check from myLot but when i qualified for it and got it in my paypal account it was written on the paypal that I cannot withdraw till I reach $150 dollars So it will take at least more than a year or 2years to reach to that level, so mylot is good for Meeting new people having good discussions learning many things, but Indians specially dont expect to withdraw any money till you reach $150. any views and suggestions specially from Indians who have recieved payments
8 people like this
18 responses
@oarnamav (2708)
• India
16 Apr 07
The withdrawallimit you talked is true only when you want the money in india through a chequa and is not true for other type of withdrawals.
If you add your international credit card information to the paypal account the money can be transferred to your account any time with any cash amount.
You very well can transfer your paypal balance to your friends paypal account by just entering his email address in fraction of second. and there is no such limit to transfer the amount of transaction for this. The procedure is well explained in paypal home page. The friend who makes frequent transactions through paypal can pay you in cash proportionately if he is located at the same place of residence city in india.
@tonyxxx (693)
• India
16 Apr 07
Oarnamav you have given one good information about transferring of money from paypal that if we give them information about our inernational credit card then we can withdraw any amount from the paypal account.
One thing I want to know that after providing paypal with our credit card information where will they be transfering money , I mean to which account and how?
I am asking you this information as the paypal FAQ are not that good and require a lot of searching to find answers to our problems.
@tombiz (2036)
• Philippines
16 Apr 07
Got your point in there. But I think your concern is about Paypal and not on myLot, I think we should clarify that. After myLot delivered that amount of $10 to your account of Paypal, you cannot withdraw it from Paypal since the Paypal minimum money withdrawable is $150.
Then just continue working here and in any other sites that pays also in Paypal so that you can attain that minimum of $150 then you can withdraw.
Hope I am right on this analysis.
1 person likes this
@NancyLobo (680)
• India
16 Apr 07
Yes I know it is a paypal problem but since everyone else from other countries can withdraw from e-gold or tranfer amount from paypal, we in India cannot do it so they can try
to change the mode of payments for Indians so we also can benefit.
@denden (802)
• Philippines
16 Apr 07
Im from the country of Philippines and the one who refers me here in mylot says that i can widthraw the $10 in a couple of days and she has proven it and she receive the $10 dollars.Why is it that there in India you cannot receive the $10?You can ask that or complain that to mylot if you want to.
@tonyxxx (693)
• India
16 Apr 07
I can very well understand your worries for not withdrawing the amount from paypal until it has reached $150.I also went through different discussion to find out a solution to that , some would say to merge my paypal money with other trustable members so to make $150 in one of the accounts and then distribute the money.But I didn't find it feasable.Then there was a response in which a site cash2india was mentioned where we can transfer $25 minimum and they send the money in your account after charging $5.It is also mentioned in one of the previous responses to this discussion .
I think getting $25 is not difficult from myLot itself as I am just 1 month old at mylot and hope to make more than $25 in this month.Same applies to you too you can also earn more then $25 here at mylot and don't get discouraged that you will not be able to get the money.
Wish you all the best.
@Woodpigeon (3710)
• Ireland
15 Apr 07
That's a shame that you were dissapointed in that manner. I didn't realize there were different rules for different countries. I thin I read on my Irish paypal that I can transfer money into my bank account whenever I like, but it has to be more than $100 to aviod a fee. Sorry you have run into these problems.
@smartbrain69 (2790)
• Canada
16 Apr 07
Yes you are right it is $ 150 for Indian, but why are you only depended on mylot are you not working hard lot of other opportunities are there. Try your luck.
@gemini1960 (1161)
• Philippines
16 Apr 07
i dont know that ..try enrolling in e-gold.com much safer..
@tajinder_18 (324)
• Malaysia
16 Apr 07
that was not misleading at all.you should check out paypal FAQ first.it is already stated there non-US country cannot withdraw their paypal fund into their local banks.you can only do that if you have a US bank account.which means you need to TT transfer after that.if you wanna get check from paypal there is a lot of minimum fund you need to reach first.besides they also charge you for that.i am from malaysia.my country are not allowed to witdraw from paypal as well.so instead of waiting to reach that amount i am just gonna use the payment i receive from mylot to buy things at ebay.after i receive the item i buy in ebay i am gonna resell it in my country.that way i am gonna get my money.isn't so easy to do that??
@venkyvenky (621)
• India
16 Apr 07
hey, i beleive theres one option for you jsut wait for a few more months .after the money grows a bit you can request cheque from paypal for $5. The amount will be sent via a cheque provided u give them your bank account number. give it a try
@charlestchan (1415)
• Malaysia
16 Apr 07
haha.. don't worry.. why don't you get an egold account instead? what do you mean that indians can only request payout when their earning reaches $150? wow.. that's a very long time isn't it? you do have other options right? i don't think that's the only way
@lingli_78 (12822)
• Australia
16 Apr 07
well, i think you can withdraw it before it reaches $150 if you want it... it just that you will be charged $1 for that... if you withdraw $150 and above, it will be free of charge for you... so it is your choice... i live in australia and the same rules apply for me... so i just leave my money there first until it reaches $150... good luck...
@funfreak2k2 (1734)
• India
15 Apr 07
if you earn online in other ways also, you can easily reach $150 in a very short time. for earning $150 at mylot is very difficult unless you have many active referrals.
@fliffy555 (1044)
•
15 Apr 07
Many countries do not allow you to draw small amounts of money out of paypal. As the transfer rate would mean that you would get about half of what you wanted to draw out. For me it takes me forever to get my paypal account up to anything because I use it to buy stuff on ebay for birthday and christmas presents. Also to sign up to other sites. Maybe now you know that you cannot draw it out internet shopping is the way to go? I love it. I bought 2 Ipod Mini's first edition for less than 60£ each! They were still in the shops for over 100£! The worldwide garage sale is calling to all those with paypal.
@easymoney75503 (1702)
• United States
15 Apr 07
i didnt know they set up some countries like that. i know alot of site that are liek that though i just didnt relize mylot was one of them. i am sorry hun to hear that though. i know you were excited when you saw you had gotten payment too. i do know of other site you can use and make money at. you can get like better memberships to where you can make more off of them then what you normally would. check out my page and there will be some listings there. http://www.blockthat.org/user/easymoney75503/blogs
the 3rd link is the one i would suggest for you on that page. i have more too if you are interrested. i hope you stay at mylot though.