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Taking Payments online under 18 and paypal limit

Discussion in 'Business & Tax Advice' started by asasa, Mar 3, 2014.

  1. asasa

    asasa Newbie

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    the problem is that i owud like to take payments online but i am under 18, it's completely legit but i am under 18.

    I have registered as a business with paypal and i have setup my bank account but the problem is i've got a limit of receiving £1,900 a year.

    To fix this i have to confirm my personal information.

    So this means that i would have to lie about my age and risk getting banned for life from paypal.

    Or is there other payment processors that i can use instead for what i want to do.
     
  2. asasa

    asasa Newbie

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    bump anyone? please
     
  3. Automation247

    Automation247 Regular Member

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    Occupation:
    Making some $$$
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    SPAMMING 24/7 FROM SOMEWHERE IN EUROPE
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    There are no excuses, they are going to limit your account forever.

    I was in the same situation a few time ago, I waited until I was 18 years old, then I sent them my personal information but they closed my account and told me I could open a new account with my personal information without problems because now I'm +18.
     
    Last edited: Mar 3, 2014
  4. erickjes

    erickjes Registered Member

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    When I was 17 and making money online, I used my mom's account. She didn't know about it, but this was several years ago. Then I closed the account, and opened my own personal account when I turned 18.
     
  5. LakeForest

    LakeForest Supreme Member

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    Can you ask your parents to help you with PayPal? I think there's even a program they run specifically for teenagers.
     
  6. asasa

    asasa Newbie

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    my parents wouldn't let me use theirs and the program for teenagers is only for people in the US not UK, which is a shame.
     
  7. akshdalal

    akshdalal Regular Member

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    You are right. Here is the link OP - https://www.paypal.com/webapps/mpp/student-accounts

    But it's only for US kids,