Do I need to use a Premier account in paypal here in mylot?

Philippines
September 19, 2012 7:30am CST
I have a personal account in paypal, and this saturday i join mylot, according to their faqs, you need to have a premier account in paypal. Mylot only pay member that has a premier paypal account. Can I use my Personal account in paypal?? Will mylot pays me when i use a personal account?? guys please help, i need your advice.
1 person likes this
7 responses
@owlwings (43915)
• Cambridge, England
19 Sep 12
Please read the FAQs carefully! http://www.mylot.com/o/faq/faq6.aspx It NOWHERE says that you need a Premier account! In fact, your account doesn't even have to be verified in order to be paid (though you have to verify it in order to withdraw to a bank or credit card). ANY valid PayPal account will do - Personal, Premier or Business - so long as your country of residence is on the list here: http://www.mylot.com/o/ppcountry.aspx
2 people like this
@Olleenz (3398)
• Indonesia
19 Sep 12
Agree ....
1 person likes this
@ravisivan (14079)
• India
19 Sep 12
welcome to mylot. I am having an ordinary paypal account only. But the account should have been verified--that is linked to bank account and also debit/credit card.
1 person likes this
@owlwings (43915)
• Cambridge, England
19 Sep 12
The PayPal account does NOT need to be verified for MyLot to make a payment. In India, however, where PayPal has had to comply with the RBI's regulations about overseas payments, it is practically impossible to open a PayPal account without it being 'verified' and subject to automatic withdrawals.
1 person likes this
@narnia007 (1050)
• India
19 Sep 12
Personal and premier accounts are according to the preferences of how you are going to use your Paypal account.For example,if you are involved in sending money to others from receiving money also,you need a premier account and Paypal will impose little more fees on you.If you are into receiving funds and withdrawing to your bank,personal accounts are more than enough.For business use,premier account is necessary.Also,as others had mentioned,read the Tos if you want to know more about the rules here in mylot.
1 person likes this
@DoctorDidi (7018)
• India
25 Sep 12
No, you need not, an ordinary account at paypal is all that is necessary for working with mylot. If you have any online business, then only you need to use a Premier account in paypal, otherwise, not.
1 person likes this
@syoti20 (5293)
• Philippines
8 Jan 13
Of course mylot will pay you even you are not a premier user. I am using personal paypal account. And mylot never fail to pay me.
1 person likes this
@Olleenz (3398)
• Indonesia
19 Sep 12
Huh ...? As long as I remember, you don't EVEN NEED to verified your Paypal account to received your payment from Mylot. But if you want cash it out, you need to verified it (any type of account)
• India
9 Jan 13
Hi friend, you don't need a premier account to get mylot payment. your personal account is enough for your payment. You must have a verified paypal account and your first name and last name in the paypal account must match with your first and last name in your mylot account.