Instructables

Is there an age limit for pay pal?

Is there an age limit for getting a pay pal account? If you are 16 and already have a bank account can you get a pay pal account for making purchases through Ebay?

Thanks.

rickharris2 years ago
https://www.google.co.uk/#hl=en&gs_nf=1&cp=11&gs_id=87&xhr=t&q=paypal+age+limit&pf=p&safe=off&biw=1920&bih=898&sclient=psy-ab&oq=paypal+age+&aq=0&aqi=g4&aql=&gs_l=&pbx=1&bav=on.2,or.r_gc.r_pw.r_cp.r_qf.,cf.osb&fp=e045a2b0a4248e08
nurdee1 (author)  rickharris2 years ago
I am capable of , and have done a google search. Unfortunately I found conflicting things. Some -places say I can't get an account until I am 18. Other people say they are minors and have accounts.

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I was hoping someone who is a minor might tell me if they have been successful.
Kiteman nurdee12 years ago
"Some places"?

Why not check the PayPal site itself?

You cannot get a PayPal account without a debit or credit card, which you cannot get until you are 18.

I was born in the USA in 1963, and now live in Australia (since 1999) so I have experience in two countries. When I was 12 my parents got me an account - not EIGHTEEN but TWELVE and yes they had to sign it too. Actually it was a savings and loans account...back before Neil Bush bankrupted them and took all the pensioners money for his own). I have always had at least one account in the USA.

Here in Australia our daughter could have had her own account at age 14 (with a parents signature) or age 16 without it, and with special rules for people under 16 who are on their own (Federal benefits are paid directly into an account...and under-aged people on their own are ALWAYS in the centrelink system somewhere)....

You do not need a VISA or MASTERCARD to get a PAYPAL account. At least not here in Australia. When PAPAL was very new that was the case, but it has not been for a long time. Here in Australia the people have been doing their banking direct bank transfers...with no charge for the transfer (for a long time) - a thing very new in the USA today.

As for needing to be 18 to get a credit card, there is no such requirement. In the USA the banks regularly send out prepaid sets with a MASTERCARD and a VISA all pre-approved at up to $5000. I got a number of them and they went straight into the trash. They send them out to anybody with a name - to infants, kids, teens and to peoples pets (peoples pets are often listed with the pets name, on the veterinarians charts and their BILL with gives the pet a credit history).

Also - In the PAYPAL system, there are NO SPECIAL ACCOUNTS FOR TEENS IN AUSTRALIA. This is very odd since you are totally your own person financially at age 16 here, and can have your own Bank or Credit Union account without any parents signatures (we just went though this with our daughter). But no PAYAL for her for 2 more years (for no useful reason).

However, if you are at least 18, you can get a PAYPAL account in the USA. in the extremely early PAYPAL days you could *ONLY* do business with them if you had a VISA/MASTERCARD. A bit later on you could do business with them using cashiers checks (this has probably changed) you did not need any sort of bank account and in the 1990s you could get them to send you a check for any amount covered by your account, although it took over a week to get to you.

These days in the USA I think that you can you can deal with PAYPAL at a few of the really large chain stores. I think TARGET is one of them. There were a lot of press releases about this,and the teen accounts in the USA. They also have PAYPAL pre-paid VISA accounts for the USA.

You can have bank accounts under 18, and you can have ATM cards under 18, but actual credit and debit cards require you to be 18.

In the UK, that's not a company guideline, it's the law.

As for PayPal themselves, have a look at the attached screenshot ...
paypal screenshot.jpg
nurdee1 (author)  Kiteman2 years ago
Thanks for your help, but you can use a bank account instead of a credit or debit card.
Kiteman nurdee12 years ago
... right up to that bit of the application process that asks you to input the details of your debit or credit card.

Have you actually looked at the PayPal site?
That's good - you might have said so!

According to the link I gave you the answer is yes BUT recent changed may have altered that.
thegeeke2 years ago
I wouldn't suggest giving them your main bank account. They have been known to freeze bank accounts if there is any type of dispute, and there are people who never regained control. (at least in the US.) I personally have a totally separate account for my paypal transactions... in a totally separate bank. While it is legal for your parents to setup your account with paypal, technically you do not own your account until you are 18, so they would need to be the ones to set that up. After that, it is legal. Is it a good idea? No. But it is legal.
canucksgirl2 years ago
Hopefully this answer helps...

While you must be 18 years or older to open a standard PayPal Account, there is something called a "PayPal Student Account", which you need the help and permission of a parent/guardian to open. With the account, you'll pretty much have the same benefits as with a regular account.
nurdee1 (author)  canucksgirl2 years ago
Cool I will check into that. Thanks a lot this I the most promising thing yet.
You're welcome. Let me know if you need anymore help. ;)
verence2 years ago
Yes, there is an age limit. Where to find that? On the Paypal website of course. If a company has such limits, the will publish them in the User Agreement (if they don't do, I would not do business with them).

The age depends on the country. For the US of A, it is:

2.1 Eligibility.  To be eligible to use the PayPal Services, you must be at least 18 years old and a resident of the ...

Full text of the PayPal User Agreement

On the page with the Legal Agreements for PayPal Services you can switch to other countries.

Took me longer to write this answer than to go to paypal.com and click on Legal Agreements...
Vyger2 years ago
You should be able share an account that is set up in an adults name. Just make an agreement with them and use your bank account as the main financial transaction. With paypal transactions go both ways, meaning that you can sell on eBay also and they then transfer the funds to you. So you need to work with someone you trust. Ultimately they are the legally responsible party which is why it needs to be someone that you trust and that trusts you. One really big thing to remember, EBay is an auction sight, and just like in a physical auction anytime you make a bid it is a binding offer. Meaning that it is as if you won the item and you can pay for it right there and then for that amount. The same is true for selling, when you list something you need to think of it as already being sold, you can't change your mind. I have sold some things on EBay for other people and I have insisted that they physically leave the item with me and consider it as already sold. If it doesn't get a bid then they can have it back but they need to think that way and so do you.
If you have a bank account its not just your account. You parents had to cosign for that account. Since you are under 18 you are considered a minor and can't enter into any legal contracts on your own. you have to have a legal guardian sign for you. When getting a paypal account you are entering into a legal contract with paypal. So they want only adults 18 and over so they have legal protection. Its hard to sue a minor over unpaid bills or other issues.