Quick Answer: Can You Have A PayPal At 13?

What happens if I dont pay PayPal?

Your PayPal accounts would be frozen.

It’s unlikely you could ever open another one.

You would also be charged fees and interest and if your debt is large enough you could face liens on your property.

Your credit would be ruined..

What happens if bank declined PayPal?

Your bank has declined the funds transfer because your account did not have sufficient funds available. We will automatically re-attempt this transfer in 3 business days. Please fund your bank account immediately to ensure this transaction can be completed. ”

Can a 13 year old have venmo?

Venmo’s terms of service require users to be 18 years or older to sign up. If users are exchanging a high volume of money through the app, they may be asked to verify their identity with a Social Security number. … If they make a mistake they may not be able to get their money back.

How can I open a bank account without my parents knowing?

You can open a bank in-person at a local branch, or online by filling out an online application. Check with the financial institution for the documents needed, which may include: Valid (not expired) Photo identification. Social Security Card.

How old do you have to be to open a venmo account?

18 years oldYou may only have one personal account. To create a personal account, you must be a resident of the United States or one of its territories, be at least 18 years old or the age of majority in your state of residence and use a cellular/wireless telephone number that you own.

How can a minor use PayPal?

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.

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.

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.

What money apps can minors use?

6 Money Apps Teens Can Use To Manage Their SpendingGreenlight. Greenlight. It’s a debit card with parental controls for children. … FamZoo. FamZoo. This is a personal finance app that says it’s ideal for preschoolers through college, and it’s good for parents. … Plan’it Prom. Plan’it Prom. … BusyKid. BusyKid. … Tip Yourself. Tip Yourself. … Mint. Mint.

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.

Can I lie about my name on PayPal?

A person isn’t alllowed to use a fake name; that’s against PayPal policy, but people still do it. Since PayPal has your SSN and other information it is unulikely you would be able to open a new account as those numbers are on record and couldn’t be used again.

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.

How old do you have to be to have a PayPal?

18 years oldIf 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.

How does PayPal find out if you are under 18?

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.

Is making a fake PayPal illegal?

Unless you are having items shipped to you, there is no reason for someone sending you money to know your home address. As the others have said, using a fake name happens all the time on PayPal, but it is against the terms of service and is grounds for immediate suspension.

Can PayPal sue me?

PayPal wouldn’t sue you. They would just send you to collections. Freelancers should never use Paypal for this very reason. You have no recourse if a client decides to take their work and skip out on paying you.

Can I make a PayPal with a fake name?

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.

Can I hide my real name on PayPal?

You can hide your real name by setting up a PayPal business account with your pen name as the name of your business. You still have to tell PayPal your real name, but customers will only see your business name. … Navigate to the PayPal website (link in Resources), and then click the “Sign Up” button.