What happened to the Messenger Plus! forums on msghelp.net?
Shoutbox » MsgHelp Archive » Skype & Technology » Tech Talk » Paypal account

Pages: (2): « First « 1 [ 2 ] Last »
Paypal account
Author: Message:
Discrate
Veteran Member
*****

Avatar

Posts: 1297
Reputation: -5
– / Male / Flag
Joined: Sep 2005
O.P. RE: RE: Paypal account
quote:
Originally posted by Reaper
a debit card is linked to the money you have in your account. so if you use your debit card, money from your account is taken. if you have no money in your account then you cant use your debit card

a credit card is when you are given a spending limit and it must be paid back


Oh yer i have a debit card, i didn't know what you were talking about cuase i don't call it a debit card.

Well anyway thanks for your help.

one more thing, if you sighn up and your under 18, will you get sued or anything?
03-16-2006 12:58 PM
Profile PM Find Quote Report
Reaper
Veteran Member
*****

Avatar

Posts: 1393
Reputation: 23
36 / Male / Flag
Joined: Jun 2004
RE: Paypal account
lol, no :S
if anything, you probably be asked to stop using paypal. but i havnt heard anyone being stopped from using paypal due to age

[Edit] No problem :)

This post was edited on 03-16-2006 at 01:03 PM by Reaper.
03-16-2006 12:59 PM
Profile E-Mail PM Find Quote Report
Discrate
Veteran Member
*****

Avatar

Posts: 1297
Reputation: -5
– / Male / Flag
Joined: Sep 2005
O.P. RE: RE: Paypal account
quote:
Originally posted by Reaper
lol, no :S
if anything, you probably be asked to stop using paypal. but i havnt heard anyone being stopped from using paypal due to age


Well i dont see why the put the age restriction up there then.:P

Thanks for your help reaper;)
03-16-2006 01:01 PM
Profile PM Find Quote Report
surfichris
Former Admin
*****

Avatar

Posts: 2365
Reputation: 81
Joined: Mar 2002
RE: Paypal account
You can't use your keycard (I'm assuming you know what I mean as you're Australian) with Paypal. (In Australia at least). You can only use actual credit cards, which you're not old enough to have.

You can add your Australian bank account, it generally takes a few days to add, then it takes a few days for transactions to be processed to and from it (3-4).

They put the age restriction up there because it is illegal to use such a service without being over that age. As you'll see, you are limited to the types of accounts you have at the bank at the moment because you aren't 18 yet - you can't have overdraft, raise your daily limit etc.

PayPal isn't a service for kids to use - things can go wrong, people can get into your account (and especially with being able to draw funds directly from your account using PayPal - you may not notice until the contents of your bank account is gone).

I'd recommend not signing up for it until you're of a legal age to sign up for it.

Just because people haven't been caught (which some have), doesn't make it right to sign up, or reason to question why they put the age restriction there in the first place.

They can't minors buy pornographic material (legally) or drink (legally)? Same sort of situation.
03-16-2006 01:26 PM
Profile PM Find Quote Report
Discrate
Veteran Member
*****

Avatar

Posts: 1297
Reputation: -5
– / Male / Flag
Joined: Sep 2005
O.P. RE: Paypal account
Well, we are not really kids... i think they should make the age limit 16 at the most.
03-16-2006 01:38 PM
Profile PM Find Quote Report
surfichris
Former Admin
*****

Avatar

Posts: 2365
Reputation: 81
Joined: Mar 2002
RE: Paypal account
You're a minor - which is the word I should have possibly used instead.

So they should make it so that at 16 you should be able to have a credit card too then?
03-16-2006 01:44 PM
Profile PM Find Quote Report
Discrate
Veteran Member
*****

Avatar

Posts: 1297
Reputation: -5
– / Male / Flag
Joined: Sep 2005
O.P. RE: RE: Paypal account
quote:
Originally posted by Chris Boulton
You're a minor - which is the word I should have possibly used instead.

So they should make it so that at 16 you should be able to have a credit card too then?


That two but you have to have parents consent. I know heaps of people's parents who give them credit cards and puts a limit on it so the person dosent spend to much. These days teens are shopping more.:P
03-16-2006 01:53 PM
Profile PM Find Quote Report
surfichris
Former Admin
*****

Avatar

Posts: 2365
Reputation: 81
Joined: Mar 2002
RE: Paypal account
Minors cannot have a credit card in Australia. All they can have is a card which is linked to their parents, and 16 is the minimum age for that.
03-16-2006 01:54 PM
Profile PM Find Quote Report
Discrate
Veteran Member
*****

Avatar

Posts: 1297
Reputation: -5
– / Male / Flag
Joined: Sep 2005
O.P. RE: RE: Paypal account
quote:
Originally posted by Chris Boulton
Minors cannot have a credit card in Australia. All they can have is a card which is linked to their parents, and 16 is the minimum age for that.


yer but im saying parents put credit cards in there name and then give it to there children and im saying the limit for owning your own credit card should be the age of 16.
03-16-2006 01:59 PM
Profile PM Find Quote Report
surfichris
Former Admin
*****

Avatar

Posts: 2365
Reputation: 81
Joined: Mar 2002
RE: Paypal account
quote:
yer but im saying parents put credit cards in there name and then give it to there children and im saying the limit for owning your own credit card should be the age of 16.

Do 16 year olds have financial management skills? I bet the majority of them have less than $20 in the bank, and that would be with the job they currently have - if at all.

How do you expect a teenager who earns maybe a few thousand per year to be able to support a credit card with a monthly limit of $1,000? (minimum limit for a Visa/Mastercard in Australia).

They can't financially support themselves without their parents.

How do you expect them to pay it all back and not be in debt?

A credit card is credit, you don't need the money at the time to use it - which is one of the major reasons alot of people buy a credit card (that and most are accepted internationally now). The other would be that you don't have to pay right now (so to speak) so you still have money in the bank to waste..

Quickly, before you think about it, you'll be screwed. You will owe money to the bank for the credit card transactions and you'll also be changed interest on top of that.
03-16-2006 02:06 PM
Profile PM Find Quote Report
Pages: (2): « First « 1 [ 2 ] Last »
« Next Oldest Return to Top Next Newest »


Threaded Mode | Linear Mode
View a Printable Version
Send this Thread to a Friend
Subscribe | Add to Favorites
Rate This Thread:

Forum Jump:

Forum Rules:
You cannot post new threads
You cannot post replies
You cannot post attachments
You can edit your posts
HTML is Off
myCode is On
Smilies are On
[img] Code is On