How Old Do I Have To Be To Have A PayPal?

Can PayPal find out your age?

Paypal will NEVER EVER find out about your age.

Paypal wont ask you to verify unless suspicious things are happening with your account or you do things that are unusual with your account..

Do you need to be 18 to use PayPal?

If you are an individual, you must be a resident of the United States or one of its territories and at least 18 years old, or the age of majority in your state of residence to open a U.S. PayPal account and use the PayPal services.

Can PayPal put me in jail?

Of course, that assumes that you have these things to begin with and with a bank account, you have to have more money in the account than whatever your personal exemption amount is (it varies by state). But they CANNOT put you in jail. ONLY THE GOVERNMENT CAN DO THAT!

How much money can I keep in my PayPal account?

On a Verified account, there is an individual transaction limit of $10,000. You would need to make 100 separate deposits to get up to 1 million. You may be subject to a limit on the number of daily transactions or a daily total, so this could take quite some time. PayPal does not have a stated Balance Limit.

What is a PayPal student account?

This student card can be used for regular purchases with no transaction fee. … The student account is extremely simple to manage. Any parental bank debit, credit, or PayPal account can be linked to the student account. This allows money to be transferred to that student debit card anywhere in the world.

How do I set up a PayPal account under 18?

Originally Answered: How can I get a PayPal account when I’m not 18? You can’t. 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.

Can I use cash app if im under 18?

Cash App is free to download but some transactions will incur fees. Cash App requires that users be at least 18 years of age to utilize the app. This app is safe for older teens but parents should consider the risks associated with it.

Do you need a bank account for PayPal?

You don’t need a bank account to send or receive money through PayPal. However, you do need a bank account if you want to withdraw money from your PayPal account.

Can I use my parents PayPal account?

A parent can open a PayPal account in the parent’s own name and allow their teenager to use it, but an account in the teenager’s name would be a violation. PayPal used to have a Student account where a parent could be a consignor on an account in the teenager’s name, but they closed those types of accounts in 2016.

Can you have 2 PayPal accounts?

The answer is “Yes”. You can have more than one PayPal account if it’ll be one Personal account and one Business account but each account must have a separate email address and financial information. … Business account may be subject to fees which may be different from fees applicable to Personal accounts.

Does PayPal still have student accounts?

Effective November 15, 2016, all student Accounts will be closed, and any remaining funds in them will be transferred to the associated parent’s PayPal account. That means parents with kids under 18 are out of luck completely.

Can I use PayPal without SSN?

Currently, you can send and receive small amounts of money via Paypal without giving in your Social Security Number. At a certain threshold, they’ll stop you and request your SSN and DOB. Under the new rules, it sounds like you won’t be able to have a Cash Account at all without inputting your SSN and DOB.

Can I set up a PayPal account for my child?

PayPal has launched a student programme that lets parents establish a sub-account for their children that they can transfer money into and monitor. Parents transfer funds into the sub-account when needed, either on a one-time or recurring basis, with children only able to spend what is in it.

Can a 13 year old get a 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 scamming on PayPal illegal?

PayPal is aware of reports being made by a security researcher about a way to potentially commit fraud on the PayPal system. … It’s fraud. It’s illegal. Neither PayPal nor the police will look kindly on anybody who pulls the scam, regardless of it being published by a researcher who works for a security firm.

Can PayPal track you down?

Furthermore, you can list your personal address on PayPal for invoice reasons or for customer transactions. … However, PayPal themselves do not track you or try to hunt you down.

Is it illegal to lie about your age on a website?

While it’s not illegal, lying about your age does violate the Terms of Service agreement users must agree to when they sign up. And when parents help kids lie online, they’re setting a poor example about good digital behavior. What’s more, kids’ privacy is at stake.

Why is PayPal shutting down accounts?

PayPal’s policy is nothing out of the ordinary. They simply take it very seriously, trying to prevent fraud, scam and policy violations. Therefore, the main reasons why people get their accounts shut down or frozen are: Receiving much more income than your average (either in number of transactions or their volume)

Can a 12 year old get a debit card?

Some institutions don’t permit minors to have debit cards under their own name until they are at least 16, but others offer them to children who are 13 or even younger. … Children have their own debit card, but parents can check spending online or on a mobile app.

Can you have a credit card at 13?

You typically have to be 18 years old to get a credit card on your own. But credit card issuers make it easy to get a credit card for a child under 18 as an authorized user on your account.

Can you put a fake birthday on PayPal?

Unfortunately, PayPal does not have a specific avenue to change your date of birth. One way to submit the correct paperwork and correct the error is to use the Name Change page. … This works to change your date of birth as well; then you simply wait for PayPal to review the information.