do i have to "verify" my paypal? wait - read on.

whew!.. honestly my paypal card is given by me from a friend of mine. so i dont really dont know what to do in your case,, but a friend of mine also worried the same thing as yours, shes so afraid to verify it.

Well I have to say that you have nothing to worry about when it comes to fees. I have my Pay-Pal account linked to my banking account. There are no fees to have that linked. Plus not to burst your bubble your account needs to be verified to shop online. I one time thought you not needed to verify your account to shop online but you do so that the places that you shop at online know that you are not going top fraud them out of the payment. I'm not sure why they are telling you that there are a fee to link your Pay-Pal account to your bank account because there isn't. Where do you live? Maybe this has a reason to do with the fee thing. Because with me I live in the USA and there are no fees for me. I hope that this helped you out. Happy Mylotting

You don't have too. It's only if your using it to pay others there is a limit for non verified. If your only using it for mylot earnings and don't intend on transferring it to your bank account than don't worry about it. Do it when you really need too or feel safe too... I didn't for a long time and used to use my paypal money i earnt to buy something on eBay. It was fun rewarding myself for my efforts..

you don't have to use a credit card. i just used a debit card. and i did verify it. we don't pay for verification. they will give back the money they took for verifying yoru account. so initially you have to have at least $2 in your bank account. and after the verification they will give or credit the money in your paypal account. so you have not lost anything at all in your verification. and so when you will have more money you can use that money they sent ot gave back to buy things online. and $1 is not so big. so in case you will have $20 in your account and you badly need money it is just $1. and best of all it is for free in case you have 7000 pesos withdrawal. but what i do is i just wait for more money to come into my account before i withdraw my money. but when i badly need money i just withdraw that $20 even with 41 charged for withdrawal. but i don't think that we can buy things online without verifying our account. can we do that. cause i am not much familiar with the things that we can do with our account if it is unverified.

I have a feeling that paypal has different set of rules for different countries that it is operating in.In India it is fairly simple to use it to transfer funds. You need to give your bank details and there is no fee. I just got some money transferred to my bank account and there were no charges. But the rate they give is pretty bad. The day i transferred the funds the dollar = Rs 50.78 and i got Rs 49.56, which is a bit disapointing..other than that the transaction is fairly easy..

same is the problem with me.. i too dont have a verified account and your discussion is also proving a bit benefit to me, but the only problem is i am from india and so i dont know what are the terms and conditions over here, but still i am worried for my pay as i am working hard for it and waiting for it since ages,...take care and hope you get your problem solved

My boss ran into this same trouble, and with you being an international user, I'd verify. Even if you don't plan on withdrawing... For U.S. users anyway, you can only make payments totaling $2500 before they make you verify the account. My boss was paying for an online service through PayPal for about a year and a half and then one day they wouldn't let her make any more payments. She called customer service and they told her that the limit for any unverified account is $2500. Total. Within the life of the account. So if you verify your account now, you won't run into trouble down the road when you want to buy something and it takes them a week to make the verification deposits.

Hi sandragellar, I'm also from the Philippines. I signed up for paypal a month ago and don't really know what to do with my account since it's also unverified. It's just a comfort to know that it's "there" waiting for me. Anyway, I'm not sure what's going to happen when I reach payout on mylot. I didn't know you had to pay fees to be able to withdraw. I heard the fastest way to withdraw is through the EON card, which also functions as an ATM. Let me know about your progress with this dilemma

I don't think you would require a verified account if someone is depositing money into your account. You normally need it while purchasing on certain websites. I am not sure about this but this just does not sound good. However, the verification is easy. You just give them the credit card number, they withdraw a small amount from your account and they would deposit it in your paypal account.

Ok, I'm not sure what fees you are talking about with Paypal, as I have been with them for YEARS and YEARS and the only time they have every charged me a fee is if I sell something on eBay. I also wonder why you would not want to ever cash in you money from this site. It is a fun site to be sure, but the best part about it is that you gat paid for posting and discussing, so why not take advantage of it? I'm pretty sure that there is no fee involved with Paypal if the money is just deposited into your account. They also DO NOT charge you to transfer money from your Paypal account to you checking. I think you should verify it's more fun at MyLot that way.

You do not have to verify your Paypal in order to receive your earnings on myLot. You might have to verify your Paypal if you want to buy things online since Paypal puts a restriction on how much you can spend without verifying your Paypal. I still think it is better for you to verify your Paypal. You do not need to verify it with your credit/debit card. You can purchase a vcc (virtual credit card) from an honest seller to verify your Paypal.