PayPal is one of the most widely used payment methods on the internet, and it is a great way to pay for goods and services online. However, there are some important restrictions on who can use PayPal.
In this blog post, we will cover the age requirement for using PayPal and how to use the platform if you are under 18 years old.
What Is The Age Requirement For Using PayPal?
The minimum age requirement for using PayPal is 18 years old. If you are under 18, you cannot open a personal or business account with PayPal.
This may seem like an unnecessary restriction, but it is required by law in many jurisdictions since minors do not have credit ratings or the legal authority to enter into contracts.
The good news is that there are still ways for minors to use PayPal. If you are under 18 and need to make payments online, you can ask your parents or guardians to create a family account with their own information and then add you as an authorized user on the account.
This will allow you to access your parent’s or guardian’s funds through their primary account and make purchases without having your own profile set up with PayPal.
If your parents or guardians don’t want to give you access to their own funds, there are other options available as well.
You can also use prepaid debit cards from companies such as Visa or Mastercard in order to make purchases online through PayPal without any age restriction.
Prepaid debit cards typically come with associated fees, so it’s important that you understand all the costs involved before using one of these cards for payments online.
FAQS on Age for Paypal Account
Do you have to be 18 to use PayPal?
Yes, you have to be at least 18 years old in order to use PayPal. This is because PayPal is a financial institution and is subject to a variety of regulations from the government.
In order to ensure compliance with these regulations, PayPal has instituted a minimum age requirement for its users.
What happens if you make a PayPal account under 18?
PayPal has a number of policies in place to protect minors, including its restriction on account creation by those under 18 years old.
If PayPal suspects that an account has been created by a minor, the account will be banned and any funds in the account will be forfeited.
Conclusion: How old do you have to be for PayPal?
As we have seen in this blog post, the age requirement for using PayPal is 18 years old; however, there are still options available for those who are under 18 and need access to online payment methods such as prepaid debit cards from Visa or Mastercard.
Ultimately, it’s essential that all users understand all of the fees associated with prepaid cards before using them for online payments through platforms such as PayPal.
With this information in mind, anyone can easily make secure payments online!
READ MORE: Does PayPal accept Chase Bank?