Finally, I have started making money after a very long time and hard effort.

same is the case with me. This my first month here and i think i should continue. I have not applied for paypal account yet, First i want to make sure i reach the payout limit then i will apply for paypal.

Hi rdhanus, Paypal is an online account that stores your money. Mylot pays their members by depositing money into their Paypal accounts when they reach the minimum payment amount which is ten dollars.

You need to open a Pay-pal account for mylot to be able to pay you. Pay-pal is a very popular and secured online banking. Just visit their website www.paypal.com and sign up :)

Paypal is kind of like an online storage place for your money that you earn online. Of course you need necessary idea to open it and verify it. Most websites pay through paypal but there are other types too like alertpay. Pretty much, to open a paypal account it's like signing up for a site and then in order to verify it to ensure that you have a real identity, you need to link up your bank account or credit card with your details on it so that paypal knows you're real. I simple opened my paypal account with a prepaid visa sent by a survey site that I use. My prepaid visa already had my name, birth date already. With a credit card, you just need to link it up and paypal will send you a code to the transaction page. This could be sent to you by mail or can be found online depending on your credit card and if you have net bank or something similar. They take like a dollar too just to make sure you have money on that card. You find the code and then use it to verify your paypal to get rid o your restrictions and then you're free to use your paypal account. You can use it to store your money, receive money and buy stuff.

welcome here in mylot Paypal is a online money transfer site. You can receive your payment there by transferring the money from paypal to your bank account. You can also pay thru paypal when you buy something in the internet. Happy Mylotting

Like the other commenters have already said paypal is like an online bank. You really have to be careful about some sites you join because as you said some of them can be demotivating. I'm new to MyLot but there are some sites I found that are pretty easy to make money on. If you want a few of them contact me and I will get you some info and likewise I could use your help here on MyLot.

Hello... WelCome to myLot... Yes, here you can make money. PayPal is kind of an online bank... You need an e mail Id, a bank account, ID proof to do transactions on paypal... Update the e mail id that you used to create paypal account, in your myLot profile.. When you reach payout, myLot will deposit your earnings into your paypal account... And then you need to request payment to paypal, they will deposit it into your account... Good Luck!!!