Question: Can My Parents Make Me A PayPal Account?

Who can make a PayPal account?

Create an account in seconds It’s free to open an account and buy something using PayPal.

Sign up quickly with your name and email address, then add your bank account, debit, or credit card—and you’re ready to start using PayPal online, in our PayPal app, or in person..

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.

What is a PayPal student account?

The PayPal Student Account offers a way to fund your teenager’s expenses with ease. It is an easy to manage system that can instantly wire money to a teenager’s account. That is the system in a nutshell: parental PayPal account connected to student PayPal account that has a debit card attached to it.

Does PayPal know 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.

How do I set up a student PayPal account 2020?

Re: Set up student accountLog 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.

How do I receive money on my PayPal account?

How to receive money on PayPal:Log into PayPal.com.Click the Request button on the right hand side.Enter the sender’s email address and click Next.Enter the amount, currency type, and (optional) a note.Click Request Now.

Can your parents make you a PayPal account?

According to PayPal’s website, they don’t allow anyone under 18 to open an account because no one under 18 is allowed to enter into a legal contract in the United States: “When you open a PayPal account, you are agreeing to a binding legal contract. … This introduces a new need for PayPal alternatives for teenagers.

Can a 14 year old set up a PayPal account?

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 you make a PayPal without bank account?

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.

Does PayPal still have student accounts?

Effective September 29, 2016, the PayPal Student Debit MasterCard, and all related services, will be closed. … Additionally, as of this date, PayPal Student Accounts will no longer be able to be used to make purchases online or in stores.

Can I delete my PayPal account and make a new one?

When you close your account, PayPal cannot reopen it for you. You can, however, open a new account with the same or a similar email account.

What happens if PayPal closes your account?

If there are any fines or liabilities associated with your account closure, PayPal will deduct those fees directly from any existing balance. If you are unable to recover your funds after 180 days, you may have to file a suit in small claims court to receive the remaining account balance.

Can you be 13 and have a job?

In most states, the legal age to begin working is 14, but a 13-year-old can still perform many part-time jobs, from taking care of younger kids to tending gardens. … While there is no limit to how much a 13-year-old can earn, many states set a restriction on the number of continuous hours a child this age can work.

Is there a monthly fee for PayPal?

There is no fee to set up your account and get a card. We don’t charge a monthly fee and no minimum balance is required. … There is no fee when family and friends use the PayPal send and receive money service to transfer money to you.

Is PayPal better than a bank?

In actuality, using PayPal may be even safer than using a check or your credit card or bank account to make a purchase. With PayPal, your financial data is stored away in a single online “vault”, whereas the same can’t be said when transmitting credit card or bank data online on the internet.

How can I receive money without a bank account?

How can I receive money without a bank account? The easiest way is have someone send money through a money transfer service for cash pickup. Other ways include having them send a money order, send money to your mobile wallet, send cash or send a prepaid debit card.

Can I use a fake name on PayPal?

For example, PayPal’s sign-up process can be completed with a fake name. They’ll have no ability to verify your identity unless you want to transfer your money somewhere else. To do that, you’ll have to verify your identity or link your bank account.

How can I get a PayPal card?

If you do not already have a PayPal Cash or PayPal Cash Plus account you will link to this Card, visit paypal.com to get one, or you may get one when you activate this card online. A PayPal Cash or PayPal Cash Plus account is required for certain features, but not to have the PayPal Prepaid Card.

Can I make a bank account at 17?

First, you need to make sure you’re eligible to open a bank account. You need to be at least 18 years old to open an account. However, you can open a joint account as a minor with a parent or legal guardian as an account co-owner. … You may also need to be a U.S. citizen to open a bank account with certain institutions.

What do you need to create a PayPal account?

How do you use it? You’ll need a few things to set up a PayPal account, including a credit or debit card for making payments, your credit card/bank statement for verification purposes, and, in some cases, even a form of ID like a passport.

What bank does PayPal use?

The Bancorp BankThe PayPal Cash Mastercard is issued by The Bancorp Bank pursuant to a license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. The Bancorp Bank; Member FDIC.