Do Pay Pal need Verify Credit For Accepting my May Lot Pay Out

India
September 13, 2008 10:30am CST
Friends, I have a pay pal account with them.It has yet not been verified because I do not have a credit card. My debit card do not work. Now I am having about 30$ credit with the My Lot and next month I am likely to get pay out of 25 may it be of 50. Is it necessary for me to get my Account verified through some credit card for accepting my pay out from the My Lot or they will accept my pay out from the My lot. Please advise me about this. Thanks in advance.This will be my first pay Out for online earnings.
1 person likes this
4 responses
• Brazil
13 Sep 08
I read that it's not necessary, you will receive the same way. Cards verified is only for you to gather money in you have the limit of $ 1.000,00.But you can get paid the My lot without problems.Paypal without limits, without verified account, you have the limit of $ 1.000,00.But you can get paid the My lot without problems.
• India
13 Sep 08
Thank you black music. I was afraid that they may not accept my payment. Please further detail me If I want my pay out at 100$ is it safe with the my lot and my lot will carry out it or you will advise me to get pay out at this stage and get my money deposited with the pay pal. How can I request Pay Pal to keep my earnings with them and as and when I need I will withdraw.
@oiixdaii (1059)
• Philippines
13 Sep 08
As far as I know, the verification process of PayPal will only remove the $100 limit from your account. I'm not sure if that $100 limit is cumulative or not. I suggest you email PayPal and ask them if you could still receive payment from your online earnings even if your account is not yet verified and you need to do it as soon as possible because verifying your account with PayPal takes time also. When you verify your credit card to PayPal, PayPal will charge your credit card with $1.95 but PayPal will return it once you are done with the verification process. I said its time consuming because you still need to wait for the paypal transaction to be reflected in your credit card because you will be needing a 4 digit number for the verification of your paypal. You can get the 4 digit number in the transaction of your card.
13 Sep 08
My PayPal account is unverified, and I've had a payment from MyLot, so as far as I can see there's no problem.
• Brazil
13 Sep 08
For the other doubt: *You can to request the money of paypal to your credit card when you want. For this will necessary the verifed card. The money always stay there to be request. Good luck