How does paypal work with mylot? Do they rip you off?

@stinge (808)
United States
December 7, 2008 12:58am CST
Can anyone tell me how paypal works with mylot? I just recently updated my earnings request. When the time comes I'm guessing that mylot will credit my paypal account with my maximum payout limit that I have chosen. And then paypal sends me a check, right? Has anyone recieved a pay out from here yet? If so, I wanted to know if paypal take a piece of your earnings here. I have heard people complain about paypal with the use of ebay. But what about mylot. If your maximum payout is set at $100, do you get a check for the full $100, or do you get something like $90 after paypal takes their cut?
1 response
@sirrob (4112)
• Philippines
7 Dec 08
You get what you earned. If you earn $10 (which is the minimum) then you get that amount on the payout the following month. You just have to make sure that you reach the minimum amount you have set in your account here in myLot at the end of each month so that you'll be paid in the following month. If you set it at $100, then when you reach that amount, all those will be send in your Paypal account without any charge. You get what you have earned.
@stinge (808)
• United States
7 Dec 08
Thanks for the info