about paypal, i have a question

@aprilsong (1886)
China
March 23, 2007 12:53am CST
i know if i set the minimum amount of paypal at 10$,then on 15th each month,mylot will send money to my paypal account (on the condition that the earnings is above 10$).and how about next? must i draw the money out or can i leave in in my paypal account until i want to draw.(i have never used a paypal account yet,so know little about it)thanks
1 person likes this
3 responses
• Ireland
23 Mar 07
I have been using PayPal for a number of years now for online purchases. If I receive money into my PayPal account, then I usually leave it their to make my purchases as it saves me having to use my credit card. If I wanted to transfer the money to my bank accoung I would have to register my bank account details and I would also have to wait until I have €100 in my account as this is the minimum amount that PayPal will transfer into my account. They will charge me a fee of €1 for the transaction.
1 person likes this
@lilaclady (28235)
• Australia
23 Mar 07
I use Paypal a lot with Ebay, with my experience I always leave my money in Paypal until I reach $150 as under that amount you will be charged $1 to transfer the money to your bank account....I always leave it so it will build up into a nice amount....Good Luck...
@aprilsong (1886)
• China
23 Mar 07
thanks a lot,i really appreciate ur help
@Stringbean (1273)
• United States
23 Mar 07
Yes once you have set your minimum as $10, myLot will pay that amount in each month that you reach that minimum. The money will stay in Paypal until you draw it out. I have used Paypal for a long time and they are very good to deal with.
@aprilsong (1886)
• China
23 Mar 07
thanks for ur information.it is helpful.