ALT-2 Is a Paypal Account Required in getting Paid for Surveys
Many people are becoming involved in online survey participation. Online surveys generally reward their members in some form or fashion for the time they spend taking the surveys they are provided. Each survey panel may reward their members in different ways such as sweepstakes enteries, check, gift-cards, or even a paypal transfer. This being said do you have to own a paypal account in order to participate in paid surveys?
The answer to this question is no. You do not have to have a paypal account to participate in paid surveys. Paypal is quickly growing and certainly being offered by more survey panels as a payment option but as to date most companies will also mail a check to the address you provide when signing up for their panel. It is important to read all panel payment agreements when you sign up to join a survey panel. Paypal is often the preferred method a panel will use for payment. Many panels who still agree to mail checks will not do so until you reach a required minimum in your account and they will then often deduct a fee for processing and mailing on the check. It is important you know what your minimum requirement is and the fees you will be charged to avoid a misunderstanding between you and your survey panel.
If you are becoming serious in the survey business it might not be a bad idea to consider opening up a paypal account. A paypal account is free to open by going to their website atwww.paypal.com. There are many reasons you may want to consider paypal in the future including benefits such as safer and more effective payment, less fees being charged to you cutting down on your profit, and faster payment results. If a company mails a check or giftcard to you they run a high risk of the payment being lost in the mail and it will usually take up to two weeks or more to reach you if they can use paypal to transfer your funds it goes directly into your account in a few days after the survey you have taken has closed.
Paypal is not presently required to take paid surveys but may be in later years. Paypal's popularity is growing with both survey panels and their members because of the safe and effective ability to transfer funds. Aside from being safe and effective Paypal also cuts down on fees for both company and panelist making it a smart choice for both parties. These benefits are making Paypal a strong choice to be reckoned with in the world of online payment.
