Will Our MyLot Payout Be Deducted In Paypal?
By syfarisk
@syfarisk (378)
Malaysia
November 17, 2008 1:28am CST
I'm new to this. I don't know the details, but I think Paypal charge transaction fees and so on. So, let's say MyLot pays out $10 to me, will I receive it in that exact amount? Or will it be deducted in my Paypal account? Meaning, will I cover that fee, or will MyLot cover that for me? If this is the case, then it'd be wiser to increase the payout limit, right? I'd like to know your comments based on your experiences.
1 person likes this
2 responses
@vicky30 (4766)
• India
17 Nov 08
Mylot payout will not be deducted in paypal
.You will receive the same amount that you earn in mylot.I have been paid once by mylot.When you transfer the money to your bank account.Paypal will deduct some money and do the transfer.
.You will receive the same amount that you earn in mylot.I have been paid once by mylot.When you transfer the money to your bank account.Paypal will deduct some money and do the transfer.
@KrauseHome (36445)
• United States
19 Nov 08
No, there are not Fees accessed by Paypal when myLot deposits your $$ from here in there. That is excellent News to know for sure, so that is a definate plus each time we get paid in here for sure. I can Honestly say it can be frustrating when selling something and having someone pay you in paypal and having those excess fees attatched as well. But for myLot be assured as soon as you earn $10 you will get paid, and it is nice for sure.
