What happens if a minor opens an account and makes some sales

[norbangel]

Hi,

I have a 14-year-old son who used the COVID-19 school closure to open a Paypay account without knowing he was underaged for that. He made over $2,000 in sales within three weeks before Paypal requested his identification documents. He has already submitted his photo ID but I am wondering how Paypal would react on realising he is a minor. Will they close his account and release his funds or would they confiscate his funds?

Norbangel

[kernowlass · Accepted solution]

@norbangel 

Paypal does not allow account holders under the age of 18.
PayPal asks for a birth date when you register so whilst you can make a PayPal account with false information the account will need to be verified to accept funds into your balance or lift any limits.
As they would be unable to verify the account it would be locked for further use.
Minors can’t enter legal contracts so they won’t have any recourse to get their money back until they were 18.