Author Topic: If you opened a paypal account before you were 18, close it now.  (Read 5867 times)

oh snap lol I think I made my account one day before my birthday. good thing I have no money on there

I opened my account when I was 16 or 17
sometime after I turned 18 I... was trying to do something?? not sure what exactly, but anyway they asked me for those proof-of-whatevers, driver's license, social security card and stuff, and I gave them to them. never banned me or said anything about being younger than 18 when I registered
but anyway I don't even use a paypal balance, or receive money with paypal. can't imagine I ever will. so I guess worst case scenario for me is being banned and not being able to open another account. and I think in that scenario, I wouldn't want to open another regardless

but in the meantime there are furry things that you can't really pay for without paypal so I don't think I'll close it just yet

but in the meantime there are furry things that you can't really pay for without paypal so I don't think I'll close it just yet
im sorry what

i made an account when i was 15 and tried to put my gift card money onto it because of g2a but apparently it didn't work so i never used my paypal account

and they said to me in an e-mail they will eventually close it so loving good i don't want to use paypal

i already got myself a debit card


He didn't read the User License Agreement and is fully responsible for whatever actions paypal took against his account

Paypal isn't abusing anyone. They have a set of rules that they expect people who use their service to follow. If it says 'you must be 18 or older to use this account' then how are they acting 'abusive' when you sign up for it under 18 years old?

As for holding money, they probably have some legal reason that requires them to hang on to it, it's probably not in their own interest. They're a medium of currency transferring so i'd expect there to be a bunch of safeguards and other stuff to make sure that the money is legitimate.

Personally i prefer Stripe over Paypal
« Last Edit: April 30, 2017, 12:21:44 PM by PhantOS »

He didn't read the User License Agreement and is fully responsible for whatever actions paypal took against his account

Paypal isn't abusing anyone. They have a set of rules that they expect people who use their service to follow. If it says 'you must be 18 or older to use this account' then how are they acting 'abusive' when you sign up for it under 18 years old?

As for holding money, they probably have some legal reason that requires them to hang on to it, it's probably not in their own interest. They're a medium of currency transferring so i'd expect there to be a bunch of safeguards and other stuff to make sure that the money is legitimate.

Personally i prefer Stripe over Paypal
Yeah but they're punishing you for making your account before you were 18 way later on which is completely unfair, and no there's no legal reason for holding your money from you, it's your money, not theirs.

Yeah but they're punishing you for making your account before you were 18 way later on which is completely unfair
Most services that you use online change their license agreement in order to meet an assortment of expectations, whether they be profit-oriented or legal. I agree that it's unfair but Paypal is literally required to abide by government regulations. Since they are not a government-owned service, they aren't allowed to store currency of minors. They are not banks.

Quote
We may amend this Agreement at any time by posting a revised version on our website. The revised version will be effective at the time we post it. If the revised version includes a Substantial Change, we will provide you with 30 Days' prior notice of any Substantial Change by posting a notice on the "Policy Updates" page of our website. All future changes set out in the Policy Update already published on the “Legal Agreements” page of the PayPal website at the time you register for the PayPal Services are incorporated by reference into this Agreement and will take effect as specified in that Policy Update.

it's your money, not theirs.
It's not, this is also in their user agreement. All money you give to paypal becomes their property. The only reason why they give you the money back is because they are regulated by laws and are required to disburse funds that they are given. Regardless, they also reserve the right to shut down accounts for any reason. Seeing as every money-disbursing service requires you to be 18 or older, it is not exclusive to paypal.

Don't get it wrong, Paypal is not a bank. They are a paid service, they abide by a different set of rules. If you put money in the bank, it is still your own money and you have full ownership over it. When you give your money to paypal, it's essentially theirs.
« Last Edit: April 30, 2017, 12:56:45 PM by PhantOS »

https://www.paypal.com/us/webapps/mpp/student

if you're under 18 you can have the account reactivated by getting parents permission. or, if you're now over the age of 18, you can authorize it yourself with proper ID

yea I just got my acc registered under one of my parent's names back when I was like 14.

"Account impact: Medium"
"Receive money or payments"
"From now on, you cannot send or receive money"

loving bullstuff. "Cannot receive money", yeah okay Paypal. He clearly received money, you're just 'holding onto it' for him.

im sorry what
most artists use paypal to receive money for commissions

this is why you don't have a paypal balance and any money you get in there goes into your bank account ASAP (if thats even possible), im still under the age limit by 1 year so im gonna close it relatively soon and find an alternative (this actually looks good but i think this is completely different)
« Last Edit: April 30, 2017, 01:23:20 PM by Rockinboy2000 »

If you opened a PayPal account, close it now.

Yeah, closed mine. I was 20 when I made it but I have no reason to continue to support their services.
I am not receiving anything from them at the time, and I only have one monthly payment going through them. Something I was going to cancel anyway.