Payment options, only paypal ?!

South Africa
May 20, 2016 4:57am CST
I don't like that you can only be paid with paypal. I'm afraid i wont be able to cashout since my paypal is not verified and im unable to verify it due to restrictions in my country. It would be way way better to be paid in bitcoin and cheaper for mylot. I just wonder what mylot pays these days because at other forums i get minimum $0.04 per post up to $0.40 Even having payza and perfectmoney would help. Besides setting up bitcoin payment is very easy as bitcoins blockchain works exctremely well and you will recieve money almost instantly.
4 people like this
4 responses
@Asylum (47893)
• Manchester, England
20 May 16
PayPal has been the default payment system used by the majority of sites for decades, so this is an understandable choice for Mylot to make. I had a non verified PayPal account for several years, during which time I used any money paid into it to purchase goods online.
1 person likes this
@Asylum (47893)
• Manchester, England
20 May 16
@XtremeGaming I have known instances of people claiming back money, but they are actually scarce.
@Asylum (47893)
• Manchester, England
20 May 16
@XtremeGaming I have never used these sites for earnings purposes, so the money involved for me is minor.
• South Africa
20 May 16
Yea i think it will be ok. I checked it out there is a limit of like $500 or something like that. Oh btw , it's very easy to make charge backs with paypal. I would never use paypal for serious payments. I know mylot wwont do that but other people scam you and you think you been paid then your funds disappear and they chargeback claiming you scammed them and then you must fight for your own money. No thanks i prefer payments that go through and thats that done and done no way to charge back. And paypal uses banks bleh!! I like i want my payments coming through my bank account to be taxed on, no thanks.
1 person likes this
@AkoPinay (11544)
• Philippines
20 May 16
Yeah. Though PayPal is available in my country I also prefer Bitcoin because it is a lot CHEAPER and FASTER. But many people are still skeptical about cryptocurrencies.
1 person likes this
• South Africa
21 May 16
That's why they not rich :)
1 person likes this
• South Africa
21 May 16
@AkoPinay Peopl who pass up oppotunity dont deserve to win. I never pas up any money making ideas.
1 person likes this
@AkoPinay (11544)
• Philippines
21 May 16
@XtremeGaming yeah they do not try
1 person likes this
@owlwings (43915)
• Cambridge, England
20 May 16
MyLot doesn't require that your PayPal account is verified. The restrictions applicable to South Africans appear to be: 1) You cannot transfer Paypal funds to other users (which means that you cannot use any 'payment exchange' services) and you cannot use funds in your PayPal account to pay for purchases. 2) All funds in your PayPal account MUST be transferred to a South African bank account within 30 days of receipt. If you can't comply with (2), then you are probably stuffed. However, MyLot WILL retain your balance until they are able to pay you, so you would be advised to REMOVE your PayPal information from the relevant box in your Settings and, when you have a bank account to which you are allowed to transfer funds, you can then enter your PayPal ID and be paid according to MyLot's rules. MyLot is NOT a 'paid-per-post' site. What your discussions, responses and comments earn is ENTIRELY dependent on how much 'interaction' they receive. If nobody replies to or even 'likes' your discussion, response or comment, it may not earn anything at all! The best way of encouraging people to interact with you is to interact with THEM! If you came here thinking that MyLot paid you just to post, then you may find that difficult, uncomfortable or impossible (depending on your level of English and willingness to socialise).
1 person likes this
@owlwings (43915)
• Cambridge, England
20 May 16
@XtremeGaming The more you use it, the fairer you realise that it is.
1 person likes this
• South Africa
20 May 16
Well i just made an entire $0.001 wow at this rate im going to be rich soon.... Like your post is very long and informative anything below $0.10 just seems unfair. If you were to do promotions you would easily make half a $ per post. Update: I actually made like $0.05 so it is actually fair. :) If the payment becomes a problem ill use my friends paypal then its fine :)
1 person likes this
@Absinto (2385)
• Portugal
20 May 16
I actually never heard of those other payment methods you talked about. I always worked with paypal and it was always fine with me. Mylot pays depending on interaction, the more interaction between you and others, the more you get. I dont really know the numbers but if you really like writing they you can get the numbers up fast.
@Absinto (2385)
• Portugal
20 May 16
@XtremeGaming LOL but i dont use those.
• South Africa
20 May 16
@Absinto Ya it works fine on legit sites but getting private payments, to get someone you work for online that does a chargeback and you never get paid. Oh and then you have to pay tax.
1 person likes this
@Absinto (2385)
• Portugal
20 May 16
@XtremeGaming Oh, those were things i didnt know. Thanks for the information.
1 person likes this