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Can a 17 year old use PayPal?
If you are an individual, you must be at least 18 years old and have full legal capacity to enter into a contract to open a PayPal account and use the PayPal services.
What happens if you have a PayPal account under 18?
Even if you don’t have ANY activity (sending or receiving money,) simply making the account before you turn 18 will have you banned for the rest of your life. They also may ban anyone that lives at the same address as you such as a mom or dad. You should watch your child activities.
Am I liable for PayPal debt if I opened an account as a minor?
That depends. According to PayPal’s rules, a person must be at least 18 to open an account as it is illegal to enter into a contract unless you are an emancipated minor. However, PayPal would have been within its rights to try to get you to pay the balance due, not knowing you were a minor when you opened the account.
Can I use fake date of birth on PayPal?
You can’t create a PayPal account if your DOB states under 18. If you created with a fake DOB then you will run into troubles when PayPal asks for proof documents which they 100\% guaranteed they will when you meet certain thresholds on receiving and withdrawing money.
Can you make PayPal under 18?
According to PayPal’s website, individuals under 18 years old are not allowed to open an account, regardless of their location: But PayPal isn’t your only option. There are several other banks and financial services that get around this restriction by offering teen accounts linked to parental custodial accounts.
Can I have a PayPal at 16?
According to PayPal’s rules, a person must be at least 18 to open an account as it is illegal to enter into a contract unless you are an emancipated minor. PayPal does offer student accounts to children and teenagers, but to get one, an adult would have to sign for it and act as the primary account holder.
Can a 16 year old get PayPal?
Is it OK to lie about age on PayPal?
You can’t lie about your age to get a PayPal account because it will be tied to a bank account that will have your social security number which is tied to a lot of personal info about you. Have your parents sponsor you for a joint account.
What happens if I owe PayPal money and I never pay?
if you do not pay the outstanding negative balance, your PayPal account will close and you permanently banned. PayPal will initially chase you with phone calls, emails, letters, then move it to collection agencies whose sole job is to collect debts.
Why can’t I use PayPal to pay even if I have funds on my account?
PayPal doesn’t allow recurring payments unless you have credit cards or bank accounts linked to it, and they need to have enough funds as well. Here you can see the credit card and bank accounts set as source for these payments.
Is it illegal to set up a PayPal under 18?
It applies only to PayPal accounts of residents of the United Kingdom (UK), Gibraltar, Guernsey, Isle of Man and Jersey. If you are an individual, you must be at least 18 years old and have full legal capacity to enter into a contract to open a PayPal account and use the PayPal services.
Is it illegal to lie about your age on PayPal?
How old do you have to be to use PayPal?
Paypal does not allow account holders under the age of 18. PayPal asks for a birth date when you register so whilst you can make a PayPal account with false information the account will be subject to sending and receiving limits.
Why does PayPal ask for a birth date when registering?
PayPal asks for a birth date when you register so whilst you can make a PayPal account with false information the account will be subject to sending and receiving limits. When those limits are reached then you would be unable to verify the account so the account would be locked for further use.
Do I need a bank account to use PayPal?
If you have a credit or debit card, you can add that as a payment method if you don’t have either of those, you could apply for a Paypal card. Do not need a bank account for purchasing only…can use just a credit card. If you have money in your Paypal Account they will take it from there first, then your credit card…
Can I open a PayPal account as a student?
Paypal no longer has student accounts and…. Paypal does not allow account holders under the age of 18. PayPal asks for a birth date when you register so whilst you can make a PayPal account with false information the account will be subject to sending and receiving limits.