Member of the Month

PartyBullshiit
March, 2024

Online

Welcome to the Newschoolers forums! You may read the forums as a guest, however you must be a registered member to post. Register to become a member today!

Setting up Paypal

profile picture
Noha
Posts: 1281 - Karma: 2,684
I want to sell some gear on here and i want to use paypal. Does anyone know if i need a credit card or anything to start one. Im a youngster so i dont have a credit card or anything. can i still make one?
Sep 30 2012 10:32PM
0 0
profile picture
I.B
Posts: 8137 - Karma: 24,354
You have to have verification of your name, age, address, shit like that. You need a credit card or a bank account hooked up to it. Paypal doesn't fuck around with 12 year olds.
Sep 30 2012 10:34PM
0 0
profile picture
Noha
Posts: 1281 - Karma: 2,684
responces= +k

Sep 30 2012 10:34PM
0 0
profile picture
Noha
Posts: 1281 - Karma: 2,684
im 15 but ok thanks
Sep 30 2012 10:35PM
0 0
profile picture
I.B
Posts: 8137 - Karma: 24,354
You have to be 18.

Talk to parents if you're trying to be legit about it.
Sep 30 2012 10:38PM
0 0
profile picture
Noha
Posts: 1281 - Karma: 2,684
will they need there credit card?
Sep 30 2012 10:39PM
0 0
profile picture
sklermang
Posts: 2981 - Karma: 1,953
hmmm... i signed up for paypal without giving them any financial information. that was 3 years ago. idk what the policy is now but i think there is still a way you can RECEIVE money without giving out any personal information. have you tried to set up an account yet?
Sep 30 2012 10:40PM
0 0
profile picture
Noha
Posts: 1281 - Karma: 2,684
nah
Sep 30 2012 10:41PM
0 0
profile picture
I.B
Posts: 8137 - Karma: 24,354
To send money yes. Or a bank account.

So pretty much, you can set up an account, say a kid buys your skis for 200. Paypal takes .4% from it. so you get $192. When it's in your account you can't do anything with it until you have something hooked up to the account. You can't buy anything online, you can't send the money, you can't really do anything. You just have $192 sitting in paypal.
Sep 30 2012 10:43PM
0 0
profile picture
Noha
Posts: 1281 - Karma: 2,684
thanks

Sep 30 2012 11:37PM
0 0
profile picture
MNS
Posts: 5386 - Karma: 3,241
you can hook it up directly to your debit account--no credit card required.

however, if you make a purchase with only a debit card linked to your paypal it takes like a week for the money to go through which results in torturous wait times when ordering online

i'd recommend throwing a debit on, then asking your mom if you can put her visa on the pyapal account. when you make a purchase with a visa on the account the money will still come from the debit card, but with a backup visa on your paypal the payment will be instant. This way the seller recieves and instant payment and can ship you items right away
Sep 30 2012 11:41PM
0 0
profile picture
errrka
Posts: 2261 - Karma: 6,058
seriously.... responces...
Sep 30 2012 11:42PM
0 0
profile picture
TACO-DOG.exe
Posts: 11986 - Karma: 12,239
what i do is just go to a store and buy those prepaid visa gift cards. just set it up as you would with a regular credit card and it works the same.
Sep 30 2012 11:47PM
0 0
profile picture
Noha
Posts: 1281 - Karma: 2,684
Thanks! Thats a really good ideal. 10/10 for you sir.
Oct 1 2012 1:00AM
0 0
profile picture
-MK-
Posts: 3253 - Karma: 5,332
 
Oct 1 2012 1:06AM
0 0
profile picture
sklermang
Posts: 2981 - Karma: 1,953
LOL you're full shit thats totally untrue.
Oct 1 2012 3:13AM
0 0
profile picture
razors-chaz
Posts: 2255 - Karma: 1,250
How about you PM me your personal details and your card details and i will set it up for you. I'm 20 so the age restriction wont apply to me.
Oct 1 2012 11:19AM
0 0
profile picture
I.B
Posts: 8137 - Karma: 24,354
Oh really dude?
Oct 1 2012 11:32AM
0 0
profile picture
ski4fun420
Posts: 902 - Karma: 842
Paypal now accepts Greendot.

https://www.greendot.com/greendot


Oct 1 2012 11:34AM
0 0
profile picture
Gator
Posts: 35 - Karma: 11
This math is wrong. .4% wouldn't make $192, it would make $199.20. You plugged in 4%.
Oct 1 2012 4:45PM
0 0
profile picture
I.B
Posts: 8137 - Karma: 24,354
I meant 4%
Oct 2 2012 4:44PM
0 0
profile picture
Blake.P
Posts: 9894 - Karma: 3,585
i did that when i was younger. if you sell something, you can get the money in your account. you can then send up to that amount of money to other people. however, you cannot withdraw it without setting it up with your bank. and there are limits as to how much money you can use without your account being verified.

when i did it two years ago, it was fine. i know that now they randomly flag accounts for checks (happened to me twice in the past 6 months), where your account is restricted until you verify your information with a copy of your SSN card, ID card and a bill addressed to you. that is where you would run into a major issue, because you cannot withdraw money when it is restricted, so it would be locked away until you turn 18.

if i were you, i would have your parents set one up and you use it, that way it is legit
Oct 2 2012 6:01PM
0 0
profile picture
Mag
Posts: 8155 - Karma: 14,809
The first correct response in this entire thread, if you don't know something don't fucking post. You don't need a credit card OR debit card OR bank account to send payments, also when you have your debit card linked up to your paypal it does not take a week to send, it's instant, it only takes(up to a week) when you have it linked to your BANK.
Oct 2 2012 6:07PM
0 0
profile picture
ski4fun420
Posts: 902 - Karma: 842
This from my Paypal account:
Request a check

We charge $1.50 USD for each check. To avoid fees and withdraw your money faster, you can transfer money to your bank account.

From This Balance:



Also this: 2.1 Eligibility. To be eligible to use the PayPal Services, you must be at least 18 years old and a resident of the United States or one of the countries listed on the PayPal WorldWide page. This Agreement applies only to Users who are residents of the United States. If you are a resident of another country, you may access the agreement that applies to you from our website in your country.
Bottom line:
You need to have parents set up your account.
Withdraw by check for a fee or have money go into parents bank account.

Oct 2 2012 6:23PM
0 0
profile picture
Clark_Griswold
Posts: 1283 - Karma: 48
If you open an account in your name and your 15 it will be locked when you try to give proof of any kind that you're a human. Such as address ID and all that jazz. I had to set mine up in my dads name with my bank info when I was 16 and just never bothered to change it
Oct 2 2012 6:30PM
0 0
All times are Eastern (-4)