Legal Age to Have Paypal

Thus, by opening an account with PayPal if you are under 18 years of age, you expose yourself to not receiving the Services, your account being closed overnight without notice, the Platform taking legal action against you, etc. If you have a dispute with another PayPal account holder, you release PayPal from and against all claims, demands and damages (actual and consequential) of every kind and nature, known and unknown, arising out of or in any way related to such disputes. By accepting this release, you expressly waive any protection (statutory or otherwise, such as California Civil Code Section 1542) that would otherwise limit the scope of this indemnification to claims that you know or suspect to be in your favor at the time you accept this release. Your preferred payment method for an automatic payment agreement will be used for transactions with this seller. If you have an available balance in a linked Cash or Cash Plus account, that balance can be used before your preferred payment method. PayPal examines a list of non-proprietary factors and whether and how these factors have changed over time, including: A Premier PayPal account is a personal account designed for online sellers. With a Premier PayPal account, you can accept payments from buyers around the world and access features designed specifically for online businesses. To be eligible for a PayPal Premier account, you must have a valid email address and be at least 18 years old. As you can imagine, the restriction of being at least 18 years old is related to the legal nature of the contract you sign when you register with PayPal.

If you are not older enough, you are not legally allowed to sign an engagement agreement such as this financial department. If your payment is funded by a debit or credit card and PayPal determines that a currency conversion is required, you agree and authorize PayPal to convert the currency instead of your debit or credit card issuer. You may have the right to ask your card issuer to perform the currency conversion, if this applies to that card issuer and the network. The selection of currency preferences may be displayed to you in different forms, including the choice of the currency used for the transaction, whether PayPal or your card issuer performs the conversion, or what conversion rate is used for the transaction, and can be provided individually for each card and for each automatic payment arrangement. When your card issuer converts currency, your card issuer determines the currency conversion rate and fees they can charge. PayPal has no control over the products or services of sellers who accept PayPal as a payment method, and PayPal cannot guarantee that any buyer or seller with whom you are dealing will actually complete the transaction or be authorized to do so. PayPal does not guarantee continuous, uninterrupted or secure access to any part of the Services PayPal, and the operation of our websites, software or systems (including networks and servers used to provide the PayPal Services) operated by us or on our behalf may be affected by many factors beyond our control. PayPal will use reasonable efforts to ensure that requests for direct debits and electronic credits relating to bank accounts, debit cards, credit cards and cheque issuance are processed in a timely manner, but PayPal makes no representation or warranty as to the time required to complete processing, Because PayPal services depend on many factors beyond our control. such as delays in the banking system or in the U.S. or international postal service. Some states do not allow the exclusion of implied warranties, so the above exclusions may not apply to you. You must be at least 18 years old to open a PayPal account.

If you are not yet 18, you can still create an account PayPal as long as you have the consent of a parent or guardian. Note that some features may not be available for users under the age of 18. If you used a bank account linked to a personal PayPal account as a payment method for the transaction, we will attempt to refund the money to your bank account. If we are unable to do so, we will refund the money to your linked money account if you have one. If you don`t have a cash account, the money waits for you to request it using one of the bank transfer methods available under Receive funds, Hold a balance, or Transfer funds to personal PayPal accounts. Everything is going smoothly and you have everything set up the way you want. But then PayPal realize there`s a problem. They will restrict or suspend your account completely if you violate the Terms of Service you agreed to when you first registered. They lose access to available funds.