Table of Contents
Why do I need to be 18 for PayPal?
When you open a PayPal account, you are agreeing to a binding legal contract. Before an individual can enter into a binding legal agreement known as a contract, he or she must meet the legal contract age. The legal contract age is also referred to as the age of majority, which is 18 years old in most jurisdictions.
Can minors have venmo?
Venmo’s terms of service states that to create an account you must be 18 years old.
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 16 year olds have PayPal?
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.
Is it illegal to make a PayPal account if you are minor?
Yes I knew the risks I was taking making a paypal account as a “minor” Is it illegal to make a paypal Account if you are under the age of 18? Answer: No it is NOT illegal, but is against their policy and rules. It is NOT against your banks policy to sign up to paypal.
Can PayPal tell how old you are?
Paypal will NEVER EVER find out about your age. I made paypal back in 2014 when I was around 13 years old and spent money like no tomorrow without any problems. They WILL find out if they see any documents of you being under the age of 18 in this case my drivers license. I had sent them my drivers license and my bank statement.
Did you know the terms and conditions when you first made PayPal?
Yes I knew the terms and conditions when I first made paypal. Yes I knew the risks I was taking making a paypal account as a “minor”. Is it illegal to make a paypal Account if you are under the age of 18? Answer: No it is NOT illegal, but is against their policy and rules.
Will PayPal Ban Me If I don’t check when my account was created?
Maybe PayPal will ban you anyway. What’s concerning is that one of my friends decided to check, but couldn’t find out when their account was created in the PayPal dashboard and they’re now too scared to ask and find out in case they get banned — which also means that they could be banned at any minute if it was created as an under-18 anyway.