How does one get paid on ylot?
By kiran8
@kiran8 (15348)
Mangalore, India
April 1, 2009 9:29am CST
I have been wanting to ask for my payout money that i have earned here on mylot- how do i go about it? i do not see any link for asking for a payout or i have missed it. Am i supposed to mail the admin ?Can someone please help me with this is information as i am asking for a payout for the first time here...Thanks in advance 
4 people like this
6 responses
@dpk262006 (58675)
• Delhi, India
2 Apr 09
As far as I know or I can recall, mylot people asks you in the beginning to give them your paypal account number and they also insist that you must have an account. Have you opened your paypal account? If you have opened your paypal account give its details to mylot through 'Contact me' channel and also ask mylot to confirm the fact that they have got your details.
All the best for your firs pay out.
dpk
dpk
@dpk262006 (58675)
• Delhi, India
4 Apr 09
No it is not that way that I reach pay out every month, sometimes it takes more than a month to reach out. I just enjoy the discussions and keep posting comments and counter-comments, without bothering about the payout. I normally accumulate my earnings to a substantial limit, before withdrawing the same. I have seen some, who do not believe in comments etc. and keep posting responses to new discussion, just for the sake earnings cents and Dollars.
@kiran8 (15348)
• Mangalore, India
2 Apr 09
Hi Dipak, thanks a lot . I think i gave all the details right at the beginning, when i joined mylot.But i was a little confused because in most other sites you need to ask for a payment and then only it is processed, hence the query..Members like you must have got umpteen payments, may be every month, right? 
..Members like you must have got umpteen payments, may be every month, right? 1 person likes this
@kalav56 (11464)
• India
2 Apr 09
Hi kiran! Hope you have updated yourpaypal account information in mylot.If you haev earned more than 10 dollars they will send it you automatically in in mid April.After that when you withdraw it from your paypal to your bank account double check for the NEFT code, after talking in person to your bank[if you have already received money through paypal and you know how to do it just ignore my warning.I just warned you because , the first time I transferrd money I lost about RS450 for that as penalty AND some reversal charges [cant remember] because I committed soem mistake in this.I too got my first payment only after soem 500 and odd posts Kiran.After that the second one and third one were relatively faster.
@kalav56 (11464)
• India
2 Apr 09
Yes Kiran.Actually, I had done an international fund transfer earlier,from bank to bank and those details and SWIFT code were what what I knew and got misled , I think.Then this paypal waste of 450 was just brushed aside as a 'learning cost' .WHat to do?I do not like to regret and wail too much .Anyhow, I felt a fool the first time and it helped me be doubly careful the following times.
@kalav56 (11464)
• India
2 Apr 09
THe conversion rate takes about 3 and a half percent Kiran and there is no transaction fee for amounts more than 7000.Ohterwise , every transaction apart from the dollar conversion rate will incur Rs 50.This is not much but if you have to withdraw small amounts then the total deduction becomes higher.So, it makes sense for us to wait and collect.
@kiran8 (15348)
• Mangalore, India
2 Apr 09
Hi kala, thank you so much for all the helpful details. i have already given the paypal email id . I have been using the paypal account for quite sometime now for other sites, so no problem there- I think here in India there are absolutely no transaction charges, i transfered some money to my bank account last month without paying anything..I think it becomes easier when you become more familiar with the site right?
Hey kala,i know how it feels when you pay unnecessarily an amount like that( rs 450)
- I think here in India there are absolutely no transaction charges, i transfered some money to my bank account last month without paying anything..I think it becomes easier when you become more familiar with the site right?
Hey kala,i know how it feels when you pay unnecessarily an amount like that( rs 450)
@mariposaman (2959)
• Canada
4 Apr 09
You have already been given the information. You can raise your minimum payout but to me if I get paid the minimum then that is $10 that I do not have to worry about in the future. If I keep the account in myLot then if they decide to fold I will only be stuck with a few dollars owning. Plus if you have any problem here and get your account canceled, same thing.
This seems to be a good paying site. While I have only been paid once it was prompt and on time. I have not heard any complains about payment to members in good standing.
@csebharat (32)
• India
5 Apr 09
Hiii kiran im new mylot.. i want to know that how many days to spent in mylot to reach your min payout please tell me.. im also from india
@csebharat (32)
• India
5 Apr 09
can u tell me want kind of post i must do..?
to create discussions or give comments to others discussions
@csebharat (32)
• India
5 Apr 09
can you tell me how much i'll get credited when i referred a friend
