The Parent must apply for the Student Card. By creating a Student Account with PayPal you are also requesting a Student Card Account. ... What this means for you: When you open a Student Card Account, we will ask for your name, address, date of birth, and other information that will allow us to identify you.Aug 19, 2014
Can I make a PayPal if I'm 16?
If you are an individual, you must be at least 18 years old and have full legal capacity to enter into a contract to open a PayPal account and use the PayPal services.
What happens if PayPal finds out your under 18?
If PP were to discover your actual age, they would close your account. Any money, less their fees, would be transferred to the bank account you have attached to open the account. If you buy with money in your PP account, there should be no problem.
Can a 16 year old use 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.
What happens if you open a PayPal account under 18?
Even if you don't have ANY activity (sending or receiving money,) simply making the account before you turn 18 will have you banned for the rest of your life. They also may ban anyone that lives at the same address as you such as a mom or dad. You should watch your child activities.
Are PayPal student accounts still available 2021?
Why is the PayPal Student account being discontinued? PayPal has decided to close PayPal Student Accounts and PayPal Student Debit MasterCards on the following dates: Effective September 29, 2016, PayPal Student accounts will no longer be able to make purchases online.
How old do you need to be to have a PayPal student account?
Student Paypal accounts no longer exist. They used to exist because Paypal accounts require you to be 18+. Student Paypal accounts allowed a parent to manage their teenager's account but then the student could use that account like a normal paypal account.
Can you get in trouble for using PayPal under 18?
Even if you don't have ANY activity (sending or receiving money,) simply making the account before you turn 18 will have you banned for the rest of your life. They also may ban anyone that lives at the same address as you such as a mom or dad.
What are PayPal student accounts?
The Student Account eliminates the hassle of everyday money exchange between parents and teens, while giving teens the chance to learn good spending habits through the experience of being responsible for their own money.Aug 11, 2009