what is a paypal? how does it work? do you need one to encash money from mylot?

India
November 2, 2007 10:27am CST
sorry for asking so many questions.i really have no idea about these kind of sites.i just came through an anonymus referal.. pls help me!!!
3 responses
@darkaeon (465)
• Portugal
2 Nov 07
paypal is just a bank website that you can put money there and pay online, its just like a online credit card
@milott (2646)
• India
2 Nov 07
Paypal is nothing but your online bank (or similar) where you can send money or receive money online without the hassle of using your credit card or debit card. You can send money or receive money from anyone if he/she has a email id registered with paypal. They are the best in the business of online money transfer and online payment services.
@sunita64 (6469)
• India
2 Nov 07
Paypal is an online bank using which one can receive money from many programmes like mylot and can also send the money to buy things. It is a secure way of doing online transactions. For mylot this seems to be the only option by which you can get your payment once you reach $10.