Anything special with Paypal?

India
October 6, 2012 11:37am CST
I have seen some mylotters to comment that they would join those PTC sites only that use Paypal as their money processor. Does it mean that PTC sites working with Paypal are legit or at least have a fair chance of being legit? If not so, then why those mylotters are so much rigid in their decision about joining PTC sites having Paypal as their money processor? Is it out of over confidence in Paypal?
3 people like this
11 responses
@ravisivan (14053)
• India
6 Oct 12
doctordidi: Paypal is good and reliable plus operation wise easy. Paypal doesn't guarantee payment from any other websites. It is most widely used money processor. Mylot uses that and they do not take commission from our earnings.
• India
7 Oct 12
As you have mentioned that they do not take commission from our earnings, is it only in case of mylot or for all sites they work with?
@ravisivan (14053)
• India
7 Oct 12
When I received moneys from ammas.com another site -- they took commission. For $10 they they took 69 cents or so. from mylot credit no charges. It depends on the number of transactions and amounts they deal with.
• India
8 Oct 12
What is the minimum payout in ammas.com? I think it is $50. Isn't it?
@ARIES1973 (9539)
• Legaspi, Philippines
7 Oct 12
Personally, I would prefer Paypal because aside from this is the most trusted payment processor I have known so far, this is the only payment processor that I was able to verify because they accept Visa and Mastercard. I also have other payment processor but until now I could not verify my account with them.
@ARIES1973 (9539)
• Legaspi, Philippines
11 Oct 12
I heard from our other friends that you don't need to verify your account in order to receive payment. But I am not so sure about it.
• United States
6 Oct 12
I think that PayPal is the most secure, reliable way to get your money from an online source. You don't have to give out any personal information at all and it's a direct transfer. When I see the PayPal logo on things, whether I'm buying or transferring money, I feel more comfortable using the source.
@beamer88 (4267)
• Philippines
6 Oct 12
One reason may have to do with an easier and cheaper way to transfer the amount in one's Paypal account to his or her bank account. I think this goes true to a lot of us Asians. The other payment processors either don't have some facility to make bank transfers or charge quite steep a fee. I don't think it has anything to do with the legitimacy of a site.
• India
8 Oct 12
It is no doubt easier to transfer the amount in one's Paypal account to one's bank account but I am not sure whether it is cheaper than the other money processors.
@SinfulRose (3529)
• Davao, Philippines
17 Oct 12
One reason I can think of is that PayPal is the payment processor that's the easiest to withdraw money to our respective bank accounts. In my case, I live in the Philippines and withdrawing money through other different payment processors requires a lot of tax--possibly higher than what I really earn online--which is not fair. However, in PayPal, I still have a chance to withdraw my money with lesser tax.
@dorannmwin (36698)
• United States
9 Oct 12
I am one of those people that will only use Paypal or paper checks as a way of doing my work online. The reason that I will only do it that way is because of the fact that I believe that those two ways of receiving payments is the most secure way. The reason that I have a lot of trust in paypal is because of the fact that I have had a paypal account for many years and I've never had a problem with them. Because of my positive experiences with paypal, I really don't want to try my luck with another payment processor.
@youless (94336)
• Guangzhou, China
7 Oct 12
I also trust the websites which can provide Paypal payment are much more reliable. Perhaps Paypal is very strict to these websites. If they are not qualified, Paypal will not allow them to use their payment processor. Besides, Paypal is probably the most popular and reliable payment methods and many websites support to pay by it. And people can withdraw money easier than other payment methods. So I also like it.
@Angelpink (4022)
• Philippines
7 Oct 12
Paypal is the credible money processor and long time they are in this business so no need to worry. Proven and tested of their business.
@celticeagle (120485)
• Boise, Idaho
6 Oct 12
Paypal is very good and has been around the longest of most. It is legit. I live in US and have used it for close to fifteen years now. I think it is one that people can use in other countries too. I have never had ANY problems with it in either receiving money or transferring it to my account.
@mutchy126 (317)
6 Oct 12
I think PayPal is the Best and Most Secure Payment Processor.
@natliegleb (5184)
• India
6 Oct 12
paypal has built a lot of trust in people over years and its a unique processor which is reliable for indians and the best suited option too