mylot-should include other payment processors

@suraj7nov (1736)
India
October 6, 2011 11:45am CST
mylot is growing day by day,so is it not beneficial for mylot to include some more payment processors,so atleast someone have another options to take his payout? what do you say?
2 people like this
6 responses
rosdimy
@rosdimy (3926)
• Malaysia
6 Oct 11
If I am not mistaken the decision to use only Paypal was due to the law encted by the US Federal government. mylot was not the only site affected by this ruling. Seen from another angle the use of only one payment processor can help in minimising the inclination of people wanting to create multiple accounts. If there are more than one payment processor then an account can be associated with each one of them.
suraj7nov
@suraj7nov (1736)
• India
7 Oct 11
may be staff problem
varier
@varier (5685)
• Indonesia
7 Oct 11
As far as I know, US Federal Government is only restricting MyLot to pay members from several countries and not say anything about what payment processor should MyLot use. There must be some other reasons.. I wonder what is it..
varier
@varier (5685)
• Indonesia
7 Oct 11
See the link that PPE gave above . It contains of great insight about this issue..
Jane
@jaiho2009 (39142)
• Philippines
6 Oct 11
What kind of processor you have in mind then?
varier
@varier (5685)
• Indonesia
7 Oct 11
Webmoney, Liberty Reserve and Alertpay! I still consider Paypal as the best, but they are not bad for an alternative though..
suraj7nov
@suraj7nov (1736)
• India
7 Oct 11
which are user friendly and are easy to operate u can take alertpay and liberty reserve
indahfth
@indahfth (11161)
• Indonesia
7 Oct 11
I agree, if there is an option. Because, before I have problems with Paypal, and I can not accept payment. But, it looks like MyLot has its own reasons, to set Paypal as the only means of payment.
strawberrychocodahi
@strawberrychocodahi (4818)
• Philippines
6 Oct 11
Like what for example I don't like LR, Moneybookers, Alert Pay and other not so familiar e-wallet around since they don't have any transactions here to where I am. I am still comfortable on Paypal as they can be trusted. If you're talking about credit card or debit card, hmmmm, I don't think they will be okay with that.
suraj7nov
@suraj7nov (1736)
• India
7 Oct 11
i m not saying about what processors any person like or not,what i am saying is that options are always good,for e.g if mylot or any mylotters having any issue with paypal and in result it would cause him limiting his accounts then atleast u have an option to give payment or recieve payment from other payment processors
ReViewMeMedia
@ReViewMeMedia (3785)
• United States
6 Oct 11
Because of the tax rules in the U.S., MyLot can only pay certain countries. MyLot could us other payment processors but they choose to only use PayPal because it's what they want to do.
suraj7nov
@suraj7nov (1736)
• India
7 Oct 11
but if u want to be a global identity u have to overcome this barrier
varier
@varier (5685)
• Indonesia
7 Oct 11
Fairly agree . Especially because there are some countries which isn't being accepted by Paypal yet . And also this can be a great alternative for people who ever have some problem with Paypal or for people who simply hate Paypal :). I still consider Paypal as the best payment processor because of some reasons, but I think another payment processor isn't really bad too. I think myLot should reconsider this idea..