What Age Can You Make A PayPal?

Can I fake my 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..

How much money can I keep in my PayPal account?

PayPal limits you to adding $500 per day, and a total of $4,000 a month to your PayPal account. If you’ve reached either of these limits, you won’t be able to add cash until the next day or month, when your PayPal limits reset.

Can PayPal freeze your bank account?

Paypal can freeze your personal or business Paypal account. They can’t freeze your bank account because they are just a payment gateway where your bank account is associated to process and receive payments or funds. No, they can not do anything outside your Paypal account.

Can you have 2 PayPal accounts?

Yes. You can have one Personal account and one Business account. You can add more email addresses, debit or credit cards, and bank accounts to your account, but each account must have its own email address and financial information.

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.

Does PayPal have a fee?

There’s no fee to use PayPal to purchase goods or services. However, if you receive money for goods or services (such as from selling an item on eBay), there is a fee for each transaction. International payments: … You can find the User Agreement by clicking Legal at the bottom of any PayPal page.

Do you need a bank account for PayPal?

Do I need a bank account, debit card, or credit card to set up my Money Pool? No, you only need a PayPal Personal account. If you want to transfer the money you receive, just add a bank account to your PayPal account.

How does PayPal know your age?

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.

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)

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.

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 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.

Can you go to jail for scamming on PayPal?

Absolutely. It is fraud and if the police want to investigate, it can go criminal easily.

Is it illegal to lie about your age?

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.

Can I use my parents PayPal account?

While kids will need to use their parents’ account, anyone over the age of 18 can quickly and easily use this service to transfer money between themselves and others, as well as between their bank accounts and the account that they have on Paypal.

Can you have a PayPal account under 18?

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.

What happens if you make a PayPal account under 18?

Because minors can’t enter legal contracts and you were not allowed to have the account in the first place, you won’t have any recourse to get your money back if things go this way. PayPal’s User Agreement does not allow account holders under the age of 18. PayPal asks for a birth date when you register.

How do I set up a student PayPal account 2020?

Here’s how:Log in to your own PayPal account.Click Products & Services at the top of the page.Click View All PayPal Products.Click Student Account.Click Open a Student Account.Follow the steps to create a Student account.