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Penalties For An Underage Paypal Account?
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Quioxte Offline
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Post: #1
Penalties For An Underage Paypal Account?

Hello, I wasn't really sure where this would go, so I am going to put this here.

I have been wanting to make money online, I don't really wanna do anything drastic, just earn some money for my savings account and to buy Christmas presents. But, as see, I am kinda *cough* underage, as in, you have to be 18 to sign up. I was curious, if I were to sign up, and they somehow found out I wasn't 18, what could the penalties be?
12-04-2008 11:38 AM
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Sunbourn Offline
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Post: #2
Re: Penalties For An Underage Paypal Account?

You won't get caught, and even if you do they'll probably just terminate service or some shit.

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12-04-2008 12:11 PM
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MM Offline
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Post: #3
Re: Penalties For An Underage Paypal Account?

I started a paypal account when I was like 15. I highly doubt they will catch you.
12-04-2008 12:27 PM
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psychopath Offline
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Re: Penalties For An Underage Paypal Account?

I used to think this was a problem but then I realised eveyrone lies about their age. The worse that can happen is they can suspend you from it or something(I remember reading something similar somewhere)
12-04-2008 04:41 PM
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random_name Offline
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Re: Penalties For An Underage Paypal Account?

the worst thing that they would do is terminate your account.

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12-04-2008 09:02 PM
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Liquid Offline
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Post: #6
Re: Penalties For An Underage Paypal Account?

It's against their ToS but I doubt they'd do anything, I'm sure they only put it in because of legalities and insurance. Worst case scenario is if they deactivate your account when you still have a lot of money in it.

They require a credit card to start the paypal account, I don't think they bother to check the card's validity, but I know they grab your IP, so you could probably just hide your IP behind half a dozen proxies and give them a fake Mod5 as a CC number. Your real problem is that you'll need a bank account to tie it with for when you want to withdraw the money. Making a bank account with fake contact information is a bit hard, sometimes the bank steals the money... If you do a legit bank account, with you being under 18, the bank would have one of your parents have custody of the account until you turn 17,18, or 21 depending on the state or country you make the account in.

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12-05-2008 04:34 AM
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Sunbourn Offline
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Re: Penalties For An Underage Paypal Account?

If you use proxys, and they notice your ip is constantly changing say bye bye to your paypal account. They check for that kind of stuff.

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12-05-2008 04:49 AM
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SoulRiser Offline
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Post: #8
Re: Penalties For An Underage Paypal Account?

If you can use someone else's bank account or credit card with their permission, there's no way they are gonna find out you're not 18. Well, probably not. I guess just don't keep too much money in there at any one time, for just in case.

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12-06-2008 06:54 AM
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Whistler Offline
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Post: #9
Re: Penalties For An Underage Paypal Account?

Quote:They require a credit card to start the paypal account,

/facepalm


Don't spread lies please. You don't NEED anything to start a paypal account. HOWEVER, attaching the account to a bank account OR Credit Card eliminates some restrictions on what the account can do. For example, you need a credit card tied to the account if you want to purchase from many online retailers. If you only have a bank account tied to it, you can still buy from things like Steam, they accept it no questions asked.

I personally have tied my savings account to paypal, and being as I am underaged and they still approved the whole damn thing while fully knowing my age, I take it as they don't give two shits.
12-06-2008 09:03 AM
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SoulRiser Offline
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Re: Penalties For An Underage Paypal Account?

If you don't confirm the Paypal account with a credit card or bank account, you can't send more than $100 from that account until you do confirm it. I'm not sure about restrictions on receiving, since I can't receive anything at all due to the fact that I was born in South Africa. Lovely.

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12-06-2008 09:24 AM
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Quioxte Offline
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Post: #11
Re: Penalties For An Underage Paypal Account?

SoulRiser Wrote:I'm not sure about restrictions on receiving, since I can't receive anything at all due to the fact that I was born in South Africa. Lovely.
That sucks
12-06-2008 12:56 PM
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Liquid Offline
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Re: Penalties For An Underage Paypal Account?

Whistler Wrote:
Quote:They require a credit card to start the paypal account,

/facepalm


Don't spread lies please. You don't NEED anything to start a paypal account. HOWEVER, attaching the account to a bank account OR Credit Card eliminates some restrictions on what the account can do. For example, you need a credit card tied to the account if you want to purchase from many online retailers. If you only have a bank account tied to it, you can still buy from things like Steam, they accept it no questions asked.

I personally have tied my savings account to paypal, and being as I am underaged and they still approved the whole damn thing while fully knowing my age, I take it as they don't give two shits.

I guess I was wrong then...

I really should have known, seeing as I get most of my money from it, lol, Smile

You need it for paypal's "website payments pro", the one I use, but I guess the other account types are fine without a cc if you are only getting small amounts.

BTW: I found this; it looks like they might be switching the age limit to 13 soon:
https://www.paypal-promo.com/studentaccount/index.html
(yes, the text is a bit educationist...)

//

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12-10-2008 04:29 AM
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Sunbourn Offline
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Re: Penalties For An Underage Paypal Account?

Quote:BTW: I found this; it looks like they might be switching the age limit to 13 soon:
https://www.paypal-promo.com/studentaccount/index.html
Fuck that. Real accounts are better.

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12-10-2008 05:48 AM
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James Comey Away
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Post: #14
Penalties For An Underage Paypal Account?

If I'm not mistaken if you've faked your age all your previous transactions are nullified, and all your money is taken away once you input your real age or try to verify you.

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05-16-2017 03:33 PM
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vonunov Offline
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Post: #15
Penalties For An Underage Paypal Account?

Be careful with this. I heard this come up recently and it turns out that years down the road, when your DOB comes up, they may close your account even if you're no longer underage, because it was opened when you were. You'll then have to wait several months for them to release any funds you had in the account.

If you have / had to open one while you're underage, the advice going around is to kill it and open another one with a start date after your 18th birthday.

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05-17-2017 06:00 AM
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James Comey Away
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Penalties For An Underage Paypal Account?

Yep, this is exactly what I wanted to bring up. Useful bump.

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05-17-2017 06:05 AM
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