Cash out Mylot, Verify Paypal?

@FluxNL (503)
Netherlands
January 9, 2012 6:32pm CST
I was wondering about a question. I have a activated paypal account, but I don't have a bank account. I can't ask for one (Don't ask me why?) But can I earn money from Mylot? Can they send me the money I earned. Even when my paypal account isn't verified. I already had a paypal account, with that account I received money and I was able to buy things on the internet. So I was wondering can I get money from Mylot and spend it right away without any problems? Please answer those question :) Happy Mylotting! :D
9 responses
@Olleenz (3398)
• Indonesia
10 Jan 12
Some people said can and others said no but as long as concern, we need verified Paypal account to receive and spent money (maybe I'm wrong). Anyway I don't quiet understand your situation. Why you don't have account, do you need special requirement for that (government/bank rule maybe)??
@Olleenz (3398)
• Indonesia
10 Jan 12
Unfortunately, activated Paypal account through email is not enough. Paypal need something else to proof that you real person. Like bank in real world, Paypal need something to proof they have real client (person). So if something happened to their account (hacked, maybe) Paypal know who supposed they dealing with. For some reason your unverified account can be used but with limitation and not a lot sites want to deal with unverified account (security reason). But even you can use your account, you can't cash it out (I need cash in the real world rather than on the net)
@FluxNL (503)
• Netherlands
10 Jan 12
I activated my account through my email, is this enough? And I can't open a account, because I don't have the money for it. It is 50 euro to open a bank account. But I had a paypal account which I earned money on and I could receive payments and I could buy items on sites like dealextreme,
@FluxNL (503)
• Netherlands
15 Jan 12
Ok, but Mylot does payout to unverified accounts? Because if they don't do this it is kinda useless to be here.
1 person likes this
@varier (5685)
• Indonesia
15 Jan 12
Although it is highly recommended to verify your Paypal, but you are still being able to receive money from MyLot even if you aren't verified yet. I see, your age isn't eligible yet to open bank account . Just make sure you verified yours once you get your own bank account.
@varier (5685)
• Indonesia
15 Jan 12
Ouch, so I guess it wrong Is it a fee or the minimum money to save at first? Opening a bank acount here in my country is free, but someone needs to make the first savings of around Rp500.000 (roughly, = $50)
@FluxNL (503)
• Netherlands
15 Jan 12
It is possible to open a bank account, but it will cost me 35 euro. It is a low amount, but I don't have the amount of money right now. I will try to open a bank account in the near future.
@fannitia (2167)
• Bulgaria
10 Jan 12
Hi, Flux, you say that you don't have the money to open a bank account. Maybe you could borrow some money from a friend, then open an account, take your earnings and return the money. Happy earnings!
@ravisivan (14079)
• India
10 Jan 12
paypal -- nowadays paypal account have to be a verified one. Money is transferred to our bank accounts automatically. This is the rule followed in India.
@ravisivan (14079)
• India
10 Jan 12
In India we are not supposed to spend the money directly from paypal without it being transferred to bank account.
• Philippines
10 Jan 12
Your email adress you put in paypal should be verified.You can get the payment from my lot and sent to your verified email paypal. And in order to sent money from pay pal to bank account,you need to verifed your pay pal with your credits,debit card the atm that has expiration in it.... You can sent money to bank if pay pal not verified.
@FluxNL (503)
• Netherlands
10 Jan 12
I have a verified email, I just did it yesterday. I don't want to transfer the money to any bank account, I just want to keep it on my paypal account.
1 person likes this
• Philippines
11 Jan 12
Okay that is good to you and hope you keep it safe your money. Every time i have money in pay pal i do sent to my bank for my safety and because my bank is near in m place so whatever happens i can go and check it.
@angelako (280)
• Italy
10 Jan 12
You really need to verify your paypal,Its my probleme before too but absolutely I solve it already.There are several ways on how its depends from where you are but mostly you need to get atm card from your local bank account-
• United States
10 Jan 12
I'm pretty sure that you have to be verified to receive or to send money through paypal. I think the only way is to have a bank account and to verify it to verify the account.
@BoboMama (319)
• India
10 Jan 12
Great, I was planning to post one of such discussions , my doubts are cleared ;D
• China
10 Jan 12
you have to get verified to purchase online.