paypal..DOUBT..plzz tell

@mryazali (286)
India
September 28, 2006 1:24pm CST
well if someday we recieve money ..ie from money gets transferred from mylot to paypal..can we withdraw the money (ie can we get the cash ) or we canonly do some sort of a online shopping with the money plzz share
13 responses
@dulheraja (436)
• United States
29 Sep 06
If you registered with paypal and you want to transfered money from mylot to your paypal account you can do it it easily. you must have your paypal registered email address to trnsfer the money. There is no bother from paypal to withdraw money. 1 ) You can withdraw money by check. You will get this check after 2 weeks. And they will charge you about $1.50. 2 ) Also you can transfer in to your bank checking account with no charges, thats free. You will get this money in your bank account after 3 to 4 business days. 3 ) also you can INVEST the money in money market at paypal. To invest, you have to enter you social sicurity number (SSN). 4 ) And also you can spend this money online to purcahse anything if the seller accept paypal. By the way there is no bother. You can do anything with your money in paypal account. I hope this is helpful to you. Take great care about your paypal account. You have to be a careful about spoof email if you have paypal. Paypal only send an email with your first name and the last name. For an ex.. DEAR JOHN SCOTT. This kind of email is right. And the fake (spoof) email looks like this..DEAR PAYPAL CUSTMER or DEAR PAYPAL VALUED CUSTOMER. Just keep in mind that if u get an email from paypal with your first name and last name , thats the right email for you in simple.
2 people like this
@skittlez353 (1402)
• United States
1 Oct 06
With a PayPal account, you can do online shopping, whichever companies accept PayPal. Also, PayPal can write out a personal check to you and mail it to you if you don`t have a bank account.
@simonpaul (737)
• Nigeria
29 Sep 06
does this apply to international users
@The3rock (258)
30 Sep 06
It depends from with country you are. But if you are form india you should "withdraw funds by paper check or to a U.S. bank account, but cannot withdraw funds electronically to their local bank account".
@mythmoh (3984)
• United States
28 Sep 06
you can add any number of mail address alos.If it has been credited then you will get in the single account itself.Not only you can receive you can also do transfer to other account also.Checks will be charged.so better have a credit card or bank account attached with your account.few sites accept paypal.But not many.Credit cards are not so.It will be best to attach credit card
@jordon (22)
• United States
30 Sep 06
You can transfer your paypal balance to your bank account.
@sedel1027 (17846)
• Cupertino, California
28 Sep 06
You can withdraw the money (check or transfer it into you bank account)or do online shopping. Not many vendors accept paypal though. All of this in on the Paypal website (www.payapl.com). Paypal is completely different than other internet currency sites that only allow you to use the funds online.
• United States
28 Sep 06
Once money get to your paypal account, it yours to do whatever you want to do. You can transfer the money to your bank account and withdraw from there.
@HomerBundy (1325)
• United States
28 Sep 06
i dont think they will force you to spend it online...when it get deposited into paypal, you will be able to do what you please with it...i havent had a myLot payout yet, so i'll see in a few weeks how the payment works...
@wsue1023 (1395)
• United States
28 Sep 06
You can tell Paypal what you want to do. I think they'll even mail you the check if you want, but there's a fee. If you have it transferred to your bank account it's free. You can also spend it online, but like another person said, not everyone takes Paypal.
@register (1064)
• India
28 Sep 06
U'll get the money sent to u in ur home address. U may also shop with it online .. when the money is sent to the address, they charge a small processing fee
28 Sep 06
You transfer it into your bank account, or open a bank account to do that, or you could spend it online at sites like ebay. It's your choice!
@XuryaZ (479)
• India
28 Sep 06
First you have to make a paypal account. u can get the money in cash if u live in usa or canada. as i have heard they send a cheque of the money if we want them to send & they take the shipment charges. u have to have a bank account given in the paypal account i order to just transfer from paypal to bank. a friend told me that they transfer the money to ur credit card if u have submitted a credit card. if not then they will transferr to bank account & if not they will send it 2 ur home cutting the shipment charges & if u dont want 2 get the cutted amount then u should spend it online.