my first payment here- need clarification.

India
August 13, 2007 12:18pm CST
just now i got a mail informing that my first payment here in mylot was credited to paypal. Then i logged directly in paypal and checked for the same and i found it to be true. When i pressed the payment button, the following messages where displayed on the next screen.( I have copied and pasted here to get a clear idea of what to do next) The reason being i am a unverfied account holder in paypal, and no credit cards with me. What should i do now? can i go on to accept the payment straight away and accumulate, after that when will i become to eligible to withdraw my funds through xoom.com or source simalar to that. The following is the message: Accept or Deny a Payment Before accepting this payment, please consider the following: Do you plan on receiving more than $0.00 USD in payments per month or more than a total of $0.00 USD? If so, you must first add a credit card and enroll in PayPal's Expanded Use Program before you will be able to withdraw these funds from your PayPal account. After enrolling in PayPal's Expanded Use Program, your Monthly Withdrawal Limit will increase to $2,500.00 USD. Add credit card: Withdrawal by check allows you to withdraw funds from your PayPal account by requesting a check from PayPal. It will take approximately 4 - 6 days to process your check (that does not include delivery time). Checks are not cashable and must be deposited. The name on the check must match the name on the account where the check will be deposited. Checks will be issued only in INR and deposit fees could apply, depending on your bank. You cannot cancel a check once it has been issued.
1 response
• United States
13 Aug 07
Yes, accept this payment and you can accumulate it in your PayPal account. If it sits unclaimed for 30 days it is returned to myLot.
• India
13 Aug 07
Thank you admin for your speedy response. Thank you very much.
• India
14 Aug 07
Oh .. I have never seen mylot responding to anybody's discussion .. you are lucky you got a response from mylot .. and a great clarification to your question :)