A friend of mine has a son who is 17 years old that wants to set up a personal premium account with PayPal so that he can sell on eBay. He has a credit card and I think that you have to be 18 to have an acct with PayPal. If he puts that he's 18 when he signs up, is there any way that they can find out his actual age? thanks

They will verify your age after you do over $1000 total value exchanges...

They don't normally verify your age unless you do high value transfers.

I'd have to go digging for a reference, but if you have a credit card and the names match, it's legally assumed that you're "of age" meaning an adult.

Granted this was a few years ago so it may have changed. Lots of strange laws here in the US concerning children online.

The bigger picture is that you cannot legally enter into a binding agreement with a minor (under 18). it is illegal. I know it's done all the time, because minors don't identify themselves as underage, and most people don't think to ask, but technically it is not enforceable.
In most situations people sue the parents, sine they are legally responsible for their kids actions.

Just something to think about when you are selling on Ebay..play it straight or you could drag your legal guardians into a mess.

You might want to get some advice on this one so you don't get into trouble.

I think it's important to just be honest and keep everything on the level. You don't want anything to come back to bite you.

I think that anybody can find out anything these days. It seems like nothing is private or a secret anymore.

Anyone have the internet????? Hmmmmmm...

Pay Pay is a major banking firm and can easily find out anything about anyone so relax.

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I think you will find that it depends on how much business your son is going to do.

I have one Paypal account which receives small amounts of money from time to time and I have not been asked for any more personal information since joining.

You should also take note of what several people have said about the legal side as he will be entering into a contract (although not a written document other actions are construed as forming a contract).

I always say if you do want to be caught out at some time be open at the beginning of any process.