how secure is to create account with paypal or mylot??

@rajgupta (208)
January 11, 2007 6:21am CST
hi guys, i am new to mylot and just wanted to know that how safe and secure is to give our account number in to paypal, i am jus tworried if i would be charged anything or site will pull away my own own money.. can anybody help me..
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2 responses
@sarojrath (247)
• India
11 Jan 07
This is very good that you have asked such a questine. I am a new member of my lot but my friends who have done it for quite some time do know that there is nothing wrong as far as you go by he rules and regulations mentioned by mylot. I too was having the same doubt and so was not willing to start doing this. However now i am very much satisfied and i know that my money which i earn is actually safe. We can think like this also. mylot is some months old now and there are more than 50,000 members here. nothing of this kind has ever happend here as far as i know. Ya pay pal may cut 2% of the money and i dont think this is much. It will hardly matter.
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@rajgupta (208)
12 Jan 07
hi man, thanks for the information.... just one more query..does paypal charge something for the first time account creation or maintance of a account on monthly or yearly basis.. i mean what if i stop using paypal for long time does it cahrge something..?
@kittykatzz (1133)
• United States
11 Jan 07
great question.. i had the same concerns too.. i assure you there is no risk here.. i mean even if someone hacked into your mylot account (which is extrememly slim chance) they couldnt get your paypal info.. best they could do if they could even do it (and this could only depend on mylot security) is get money from here .. and even thats far fetched. paypal is about as secure as it gets myfriend.. the other thing is even if someone ever got paypal info... whichi s nearly beyond impossible.. they still cant actually access you personal bank account numbers. only the actual money you have in you paypal account.. YOU arent even able to view your bank account numbers when you log into paypal.. the infos just not available..so my advice is not to worry.. trust paypal (as a member of paypal for quite some time) and when you do get money transferred in, transfer it from paypal to bank when you get it instead of lettng it sit in there. and for the record,..mylot charges you nothing and will take nothing from you at any point.. no worries there my friend!
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