I have a non-verified pay-pal account, can I still get paid by my Lot?

@dana234 (2114)
Spain
November 7, 2006 11:54am CST
My Lot recommends a pay-pal premium account to receive payment, but I don´t want to pay the fee for that. I´ve got the non-verified account, do any of you know if there will be problems with payment once I can claim the minimum amount?
3 people like this
4 responses
• India
7 Nov 06
so do i have... unable to know what to do....
1 person likes this
@shoreboy31 (1433)
• United States
7 Nov 06
Yes you can still be paid with a non-verified account. All verified means is that you have associated a bank account with your paypal account. This allows you to withdraw the money straight from your paypal account into your bank account. If you remain unverified you will not be able to receive or spend more than $500 at one time. You can still use the money that myLots puts there at any website that accepts paypal for payment though, you just can't spend more than $500 in one transaction. Also if you are unverified you can have paypal mail you a check for the amount in your account, and they will do so. The only difference between a premium and free paypal account is that when you receive money from someone on a free account paypal will take out 1% of the full amount transferred as a fee. so if you receive $100 they will charge you 1.00 for receiving the money. A premium paypal account will not be charged this fee.
• United States
7 Nov 06
that was a good explanation.
1 person likes this
@dana234 (2114)
• Spain
27 Jan 07
Yes, thank you.
@rockslide (689)
• United States
26 Jan 07
Type paypal haters into your search bar and read what other people have to say about them. Hidee ho neighboreeno
• United States
28 Jan 07
You will have no problem dear. There is no fee from Pay Pal either. They only charge sellers on Ebay.
@dana234 (2114)
• Spain
28 Jan 07
Thanks, Margie.