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How Old Do You Have to Be to Have PayPal

The short answer is 13 years old.

How can a 13-year-old get PayPal?

You or your parents must sign up for an account. Or, you can just ask someone with a PayPal account to send money via the service to your own email address- it’s that simple! However, if the person sending the money does not have enough money in their PayPal account but has a credit card linked to it, they will be using their credit card instead of their bank account when making the payment. This is why it would be highly recommended for either one of you to have an actual bank account instead of just a credit card.

 

How Can I Open A PayPal Account?

You can create a PayPal account through your computer or mobile phone. You will have an easier time creating the account on your computer since you will need to follow online instructions, but it is possible to create one through your mobile device too. The process of opening a PayPal account is straightforward and simple; there are no forms to fill out except for the initial sign-up form.

After logging into an existing PayPal account, you can create another if you do not already have one. The only information needed for this purpose is an e-mail address and password (each user must also create his own unique username). You may create additional email addresses to use with separate accounts if desired, but be aware that doing so will create more work later on when it becomes time to verify that they are attached to the correct accounts.

What are the Requirements for Opening A PayPal Account?

PayPal is a digital wallet that allows members to easily send and receive payment for their online purchases. It can be a great service if you’re selling from your own eCommerce website, but requirements for opening a PayPal account can seem complicated.

First things first: here’s what you need to open a new PayPal account

If this is your first time using PayPal as a business or as an individual, then there are just a few requirements for opening an account that you’ll want to meet. You’ll need:

  • An active bank account (this will be where your transferred funds go)
  • A Social Security Number  or Taxpayer Identification Number (Tax ID/EIN)
  • Phone number (it must be an individual’s cell phone number)
  • An email address (make sure you use one that’s not already registered on PayPal)

Here are the requirements for opening an existing PayPal account if you’re trying to get your business or personal account added on. If it is already recognized, then these requirements won’t apply:

  • You must be 18 years of age or older
  • The company must have a physical address and a telephone number listed in a public directory somewhere    (e.g., Google Places)

What are the Best Practices of Using A PayPal Account?

A PayPal account can be a great tool for business owners and individuals alike. However, there are certain best practices that must be followed in order to use a PayPal account strategically and actually see results from it. This article will talk about the top-selling points of having a PayPal account as well as top practices that every user should know about.

PayPal is similar to most other online payment outlay systems such as Google Wallet or Shopify Pay, however, some people do not understand why they would need such an account for their business, so here is the top reason:  ease of money transfers.  This is probably one of the top reasons that an individual or small-business owner would want to open up a new or existing PayPal account.

New customers that are overseas or located domestically can now purchase goods without the customary Western Union payment that is required with other forms of payment outlay systems.  A customer simply needs to have either a debit card, credit card, bank account, etc., and they can transfer money into their PayPal account in order to pay for goods or services.  The top benefit of this is that it allows for much more discrete transactions than ever before.

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