Have you recieved more than 5 payments in your paypal account?

Paypal - Picture of logo of Paypal
@smilyn (2964)
United States
June 30, 2008 5:18am CST
My friend tells that Paypal allows just 5 transactions per year for a free account.She says that, for more transactions the account has to be upgraded..Is this true? Have you recieved more than 5 transactions in a year to your free Paypal account?Is there any limit for transactions in a year? Does it need to be upgraded?If so, how much does that cost?
5 responses
@Muelitz (1592)
• Canada
30 Jun 08
Hi smilyn, I have not received any payment on my paypal account. I still have to accumulate 4++ dollars more to be eligible for payment. I also just created a paypal account a couple of hours ago.:)
1 person likes this
@smilyn (2964)
• United States
30 Jun 08
OH..My best wishes for you to earn more at mylot.All the best.
@calajane (1005)
• Poland
30 Jun 08
I've never heard anything like that about PayPal... But then again, I haven't had 5 payments on my account yet. So who knows. But I hope not, as that would really suck. I like my account to remain free. I already went to all the trobule of verifying my account with my credit card.
1 person likes this
@smilyn (2964)
• United States
30 Jun 08
Oh..Is that a tedious process to get your account verified with your credit card.I have to verify my account still..Though paypal has many complicated process, it is an inevitable one these days,as many sites pay through paypal only.
@pikeshpd (182)
• India
30 Jun 08
I haven't got any payment from mylot because I hv not reached till minimum payment...........
1 person likes this
@smilyn (2964)
• United States
30 Jun 08
oh..You are a newbie..My best wishes for you to earn more at mylot. Just have fun with sharing your views..You will see that your earnings increase too..All the best.
@mimpi1911 (25454)
• India
30 Jun 08
No dear. As of now, I have received several payouts from mylot. I have cashed out 100 USD and there are payments from other forums as well. I did not upgrade my account but have only given my bank account details when I went for the cash out. They transfered fund within 10 working days.
1 person likes this
@smilyn (2964)
• United States
30 Jun 08
so you have recieved more number of payments in your paypal account without any upgradation needed. That is nice and my best wishes to you.
@maclanis (1567)
• Belgium
30 Jun 08
I haven't ever had a payment in my paypal account as I am fairly new in this whole money making online thing. But I hope what you say is not true, as that would make it quite hard to get paid by all the sites I have joined! Maybe you can find more information in the FAQ-section on the paypalwebsite. :)
1 person likes this
@smilyn (2964)
• United States
30 Jun 08
I'm also hoping that this should be wrong..Yes, it is a best idea to check out with the FAQ..I will check it out..