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Can you please explain to me how to receive my payout? email this discussion to a friend?

myLot reputation of 95/100. markmoney (561)   ranked 62 out of 4,271 in philippines7 months ago

Can you explain to me, as if I was a kid, how can I receive my payment? I'm sorry but I am really novice when it comes on transferring money online. What should be the things I have. Do I need credit card or is my ATM card(debit card)enough? What is the ID number that I should type in the Paypal account. Tell me what did you use to receive your payment here in myLot. I more preferred to receive responses from my countrymen, my kapwa pinoys. Please explain to me. Thank you in advance.

 
 
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eichs1 (1331) response was accepted on 7/4/2009.
denotes best response.
tags:  payout, payment, paypal, eon, unionbank
 
1. myLot reputation of 70/100. hanah87 (1597)   ranked 1,541 out of 4,271 in philippines   7 months ago

I don't know if a kid can recieve a payment but if you have a credit or debit card maybe you can do it.I recieve my payment in mylot by use paypal.To recieve the payment from paypal,you must have credit or debit card only.If you don't have one,you can ask or borrow your family or friends card.Ask their permission first because you might have a problem if they don't know you use their card.I hope this explaination will help you.Have a nice day.


myLot reputation of 95/100. markmoney (561)   ranked 62 out of 4,271 in philippines  7 months ago

Ok, so now I know that I can use my ATM card to get the payment because I don't have a credit card yet, it is still on process. What credit or debit card did you use, may I know? Yes, your explanation really helps. Thanks! Happy myLotting!


myLot reputation of 92/100. akuler (1217)  7 months ago

Hi markmoney,

FYI, paypal only accept visa card, be it credit or debit card. Better check with your local bank if the allowed payment through paypal. In my country (Malaysia), only a few bank accept payment from paypal. Even the largest bank here (maybank) did not accept payment via paypal.

Happy mylotting and have a nice day.


myLot reputation of 95/100. markmoney (561)   ranked 62 out of 4,271 in philippines  7 months ago

Hi akuler! Thank you for that info! Yes, I will check first if it is a visacard. Thanks for your concern. Have a nice day! Happy myLotting!


myLot reputation of 97/100. daliaj (2865)   ranked 3,033 out of 4,271 in philippines  7 months ago

Can I keep my money from mylot in the paypal account and go for online shopping with that? Is it a must to have a debit or credit card if I don't want to trasfer the money from paypal to my personal account? Anybody experienced in this, please answer to my question. Thanks in advance.

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2. myLot reputation of 90/100. lrglara (1026)   ranked 311 out of 4,271 in philippines   7 months ago

I haven't tried withdrawing money from paypal, nor moneybookers (which is a payment processor too for mylot), but i heard that you can use xoom.

you can transfer your paypal money to xoom (just go the xoom website) just like sending remittance. Follow the instructions. I haven't tried it but its worth a shot. I heard xoom is faster instead of using the usual wire transfer which takes a while. It wouldnt hurt to try or at least explore that option, right?


myLot reputation of 95/100. markmoney (561)   ranked 62 out of 4,271 in philippines  7 months ago

Ok, I will read about that. Thank for your response. Happy myLotting!

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3. myLot reputation of 96/100. crazyoverpurple (2947)   ranked 63 out of 4,271 in philippines   7 months ago

I'm assuming that at this point you already have a valid PayPal account. Now, in order for you to get the funds myLot will transfer to your PayPal account each month is to have a bank account. In my case, I opened an account with Unionbank, their EON account and I have a debit card to go with that. I just entered the debit card's info in my PayPal account and confirmed that the bank account is mine and is valid and I've been able to cash out my earnings since then. You might want to check out Unionbank's website under their EON Cyber Account to learn more about it. In fact, you'll see there that they encourage PayPal account holders to make use of them. Hope everything works out well and I hope I was able to help you out. happy


myLot reputation of 95/100. markmoney (561)   ranked 62 out of 4,271 in philippines  7 months ago

No, I don't have yet a PayPal account. But you did explain to me the procedures that you did to get your payment, and I appreciate it. What I am planning now is to follow your steps. I would open an account in Unionbank. But yes, I would first go to their website to learn. Thank you so much for your response and willingness to help! Have a nice day! Happy myLotting!


myLot reputation of 95/100. markmoney (561)   ranked 62 out of 4,271 in philippines  7 months ago

Hi! Just a follow up question for clarification. How many account do you have in UnionBank? Do you have an existing ATM Account in Union Bank before you applied in EON Cyber account? What card did you use in applying for Paypal, your existing Union Bank ATM Card? I hope you give me more clarification. Thanks in advance. I am following your steps.

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4. myLot reputation of 88/100. donsky14 (2594)   ranked 315 out of 4,271 in philippines   7 months ago

I've received my payment twice from myLot already. What I use is my ATM card from Unionbank. happy


myLot reputation of 95/100. markmoney (561)   ranked 62 out of 4,271 in philippines  7 months ago

It's good to know what you have used to receive your payment. Thank's for your response. Happy myLotting!

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5. myLot reputation of 63/100. o0jopak0o (302)   ranked 1,256 out of 4,271 in philippines   7 months ago

im wondering why you have 399 post and don't know anything about this one.

of your from the philippines also,

well you can use paypal and alertpay, moneygram. these 3 are the most common.
if you have a savings account or something with a unique bank id then you can validate your account with paypal and alert pay.

you can also view my website in my profile page for free online money sites that is applicable to us.


myLot reputation of 95/100. markmoney (561)   ranked 62 out of 4,271 in philippines  7 months ago

I haven't applied in Paypal. I reached the minimum payout of $10 just now, that's why it's just now that gives me interest in Paypal. I really dont know Paypal that much as I haven't experienced transferring money or payment online yet. I am asking you guys, my countrymen, since our country is not listed in Paypal's country list. But actually, it's clear to me now, also by the help of other Pinoy myLotters. What I would do now is I will open an account in UnionBank then that is the card I will use to validate my Paypal account. Thank's to you guys for your help. I appreciate it. Happy myLotting!

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6. myLot reputation of 98/100. lingli_78 (10206)   ranked 891 out of 4,271 in philippines   7 months ago

for me, it is quite simple... i just have to have a paypal account and mylot will automatically deposited my money there before the 15th of every month... then i just transfer it to my nominated bank account that i choose when i first sign up for paypal... that's about it... simple, easy and very convenient... take care and have a nice day...


myLot reputation of 95/100. markmoney (561)   ranked 62 out of 4,271 in philippines  7 months ago

That's good for you, you find it very simple. I hope it would also be simple for me. Thanks for your response. Happy myLotting!

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7. myLot reputation of 94/100. neildc (3531)   ranked 16 out of 4,271 in philippines   7 months ago

I think I just have to tell you how I receive my payment here at mylot. Frist you have to have an email account, which surely you have one already. Apply for a paypal account, online. You register at paypal with your email address. Then you verify your account with your bank account. You should have a credit or debit card. As a govt employee, I have a debit card account with unionbank, through GSIS. Mylot will send your money when you reach your minimum earnings, every payout, which is approximately on the 15th. Your paypal money will be transferred to your bank account, in Philippine Pesos. Then, you can withdraw it from your bank. 2 to 4 days of processing.


myLot reputation of 95/100. markmoney (561)   ranked 62 out of 4,271 in philippines  7 months ago

Yes I have a lot of email accounts. Like you I am also a government employee and I also have an ATM card, which is Landbank. I hesitate to give the number of my Landbank debit card coz I don't want any unexpected thing that might happen. I'm just being cautious. That's why my plan is to open an account in UnionBank, since most of the Filipino myLotters here are using UnionBank account, like you. Then that is the one I will use for PayPal and for receiving my payment. Thank you for your response. Happy myLotting!


myLot reputation of 94/100. neildc (3531)   ranked 16 out of 4,271 in philippines  7 months ago

You don't actually have to open a debit account if you haven't got one. You only need a card, either a credit or debit card, even if it's not yours. This is only needed to verify your paypal account. After you have verified your account, there will be no more time paypal would ask of it.

I also use my Lanbank account to transfer funds from paypal, and my unionbank debit account can disregarded over my Landbank account.

If you don't have a card, you can just borrow one, andyou only need its number.


myLot reputation of 35/100. eichs1 (1331)   ranked 514 out of 4,271 in philippines  7 months ago

Please check Paypal FAQ or Help Desk. It was stated there that you can only verify your account using your own Debit or Credit card. Verification means the information you used in your Paypal account is certified true by the details of the debit/credit card account you submitted. So how can a credit card owned by another person verify your account with Paypal? Doing so might lead to your account suspension.


myLot reputation of 94/100. neildc (3531)   ranked 16 out of 4,271 in philippines  7 months ago

To eichs1:

I am definitely sure of this. If you just use the number of someone else's credit card, it will not prevent you from getting verified. Of course, the card should be active. Paypal will be requesting a certain amount from that card. And you have to wait for the statement of account of that card the when it comes. You have to get the information or whatever code it will be posted along side with the paypal payment. Then go back to Paypal and you will have to enter the code there. You will be a verified paypal user now.

After that process, paypal will return to the card holder, the same amount it requested before, while you are processing your verification. Paypal will not ask for the name of the card holder but only the card number. But of course, it would be better if it's your own card.

I get back to my paypal account, and here what it says about credit card: "Add a card to your PayPal account to raise your sending limit, withdraw funds from your PayPal account, use as backup funding, or confirm your address."

You can always add your local bank account to paypal. I have added or linked my two banks, Union Bank and Land Bank.

Neil

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8. myLot reputation of 98/100. ckyera (2581)   ranked 45 out of 4,271 in philippines   7 months ago

hello mark...as what they all said...you must have a paypal account because mylot will pay you through paypal...the email ad you use in registering to paypal will be your paypal id here in mylot...
then, to received that money you need a credit card yes but here in our country, you can withdraw money from paypal through eon account and Union Bank have it...so you can go there inquire and open an account...
hope it helps...magandang araw sa'yo kabayan!(good day to you!)happy


union bank eon card

myLot reputation of 95/100. markmoney (561)   ranked 62 out of 4,271 in philippines  7 months ago

Yes, that is what I will do. I just can't find the time yet to go to Union Bank. How I wish banks are also open during weekends. Uhmm.. how much money should I deposit in opening an EON account in Union Bank? Thanks for your response. Good day to you too. Happy myLotting!


myLot reputation of 98/100. ckyera (2581)   ranked 45 out of 4,271 in philippines  6 months ago

hello mark..they say you need to pay 300 or 350 not just so sure for the card, i and need to deposit 100 as maintaining balance...


myLot reputation of 95/100. markmoney (561)   ranked 62 out of 4,271 in philippines  6 months ago

Ok, that was lesser than what i was expected. Thank you ckyera! Have a nice day!

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9. marshalharoun (15)   7 months ago

you may need a Paypal account.Thats what you need.
This is the easiest way of transferring money online from money making websites


myLot reputation of 95/100. markmoney (561)   ranked 62 out of 4,271 in philippines  7 months ago

Yes, I already created a Paypal account. I just haven't open a bank account yet. It's really good to have a Paypal as it makes transferring of money online safer. Thanks for your response. Happy myLotting!

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10. myLot reputation of 98/100. tattylashes (4295)   ranked 813 out of 4,271 in philippines   7 months ago

well first off you may have to earn $10 or more to meet payout policy, then you can either use your bank details or use paypal, i use paypal and i get paid each month from mylot, but you have to ern that $10 first...good luck.


myLot reputation of 95/100. markmoney (561)   ranked 62 out of 4,271 in philippines  7 months ago

Yes, I already reached the minimum payout. My earnings is above $12 already. That is the reason why I asked the question on how I earn it. It's now clear to me how can I receive my payment. Thanks for your response. Happy myLotting!


myLot reputation of 98/100. tattylashes (4295)   ranked 813 out of 4,271 in philippines  7 months ago

well you have till the 13th to the 15th of this month then you'll get paid, so i assume that you have set up a paypal account or used your bank for the money to go to....well done on reaching min payout....you will have more than that by the time mylot pay you...well done.

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