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How old do you have to be to have a Paypal account, and how do they verify age?

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Contributor

How old do you have to be to have a Paypal account, and how do they verify age?

My gf's son wants to open an account and he is only 17 can he open an account? 

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Esteemed Advisor

Re: How old do you have to be to have a Paypal account, and how do they verify age?

@taylor1277

 

Have to be 18 years of age. PayPal usually finds out when a payment is received and the user is asked to claim funds by verifying their identity (anti-money laundering measures) to keep funds in the PayPal account to use and they have to send copy of photo ID, bank statements, etc if the account info like DOB is not filled in. There are cases where the funds will be locked up until the user is 18 and they can call up PayPal customer service to set up a new account and funds moved over, or wait 180 days to withdraw funds but if you can't prove you are over 18, one is stuck anyway.


Kudos & Solved are greatly appreciated. 🙂

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2 REPLIES 2
Highlighted
Esteemed Advisor

Re: How old do you have to be to have a Paypal account, and how do they verify age?

@taylor1277

 

Have to be 18 years of age. PayPal usually finds out when a payment is received and the user is asked to claim funds by verifying their identity (anti-money laundering measures) to keep funds in the PayPal account to use and they have to send copy of photo ID, bank statements, etc if the account info like DOB is not filled in. There are cases where the funds will be locked up until the user is 18 and they can call up PayPal customer service to set up a new account and funds moved over, or wait 180 days to withdraw funds but if you can't prove you are over 18, one is stuck anyway.


Kudos & Solved are greatly appreciated. 🙂

View solution in original post

Contributor

Re: How old do you have to be to have a Paypal account, and how do they verify age?

Don't they ask you to verify age somehow like by using a driver's license or something when someone initially signs up, I have a Paypal account, but its been over 10 yrs from when I signed up?