Due to security issues, PayPal does not allow 2 different accounts to be linked or share bank accounts/credit cards. The workaround for consolidating multiple accounts is to choose one account to maintain, transfer all the money from the one you don’t want to keep, then close the account.
Can I use a fake name on PayPal? PayPal has no way of verifying your name until you submit required information and then PayPal needs to verify it with the bank account. A person isn’t alllowed to use a fake name; that’s against PayPal policy, but people still do it.
How many PayPal accounts can you have?
You are only allowed 2 accounts if 1 is personal and the other is business, if you have 2 of the same type you ‘risk’ them both being limited. You can have up to 8 email addresses on the one paypal account and as long as they have been verified you can use any of them to receive funds etc.
Can people see your address on PayPal?
In their (the sender) Account Transaction History, they will see your real name and email address if you have a Personal or Premier Account, if you have a Business Account, they will see your business name and email address.
Does your PayPal name have to match your bank account?
PayPal requires that PayPal account owner name must match the financial instruments added to the PayPal account. You’d need to add your mother’s bank account to the PayPal account and consider the account hers and can withdraw it to her bank and you can get the money from her in cash.
Is a PayPal account traceable?
PayPal is a secure website and encrypted to protect users from tracing their information. … You should always be aware of who you are communicating with, who you are sending money to and never divulge your personal information.
Can I delete my PayPal account and start again?
When you close your account, PayPal cannot reopen it for you. You can, however, open a new account with the same or a similar email account.
Can you delete a PayPal account?
Click on Account Settings. At the top of the Account Settings page, there is a line for Account Type. There is a Close Account button to the right in this line, next to Account Type. Click the Close Account button to delete your PayPal account.
Does PayPal send you stuff in the mail?
PayPal will not send you a bill via snail mail. All transactions are recorded online. You receive an email notificaton of your transaction and the same information will apprear in our your Account Transactions History .
Does PayPal show my name when I send money?
When you send money for an item your seller will see your name, address and email address. This information is provided to assist with the shipping of your item. You will only see your seller’s email address as you do not need their shipping information.
Can I add my husband’s bank account to my PayPal?
If the account is a joint account – meaning that both your husband’s name and your name are listed as the owners of the account, you would be able to use it assuming the bank account is not currently linked to another PayPal Account.
Does PayPal report to IRS?
Under the IRC Section 6050W, PayPal is required to report to the IRS the total payment volume received by US account holders whose payments exceed both of these levels in a calendar year: US$20,000 in gross payment volume from sales of goods or services in a single year.
Can PayPal involve police?
Paypal Holdings Inc. established the PayPal Global Investigations team to promote the safe use of its platforms, enhance the user experience and to collaborate with local, national and international police in apprehending and prosecuting criminals.
What is a ghost bank account?
“Ghost” or “virtual” card accounts aren’t new; they’ve been used for years to manage spending with specific vendors or in particular spending categories.
Does closing PayPal account affect credit score?
Does Closing Your PayPal Account Affect Your Credit Score. Since PayPal reports to the three major credit bureaus closing your PayPal credit account can negatively impact your score.
Can I close my PayPal account with a negative balance?
The PayPal account needs to be in good standing and devoid of funds before you terminate it. You cannot close your account if it has any outstanding payments or disputes, or if it has a negative balance.
What happens if I close my PayPal account with money in it?
Upon Account closure, PayPal will cancel any pending transactions and you will forfeit any Balances associated with Redemption Codes, unless otherwise legally prohibited. You must withdraw your Balance prior to closing your Account.
How many PayPal accounts can I have?
The answer is “Yes”. You can have more than one PayPal account if it‘ll be one Personal account and one Business account but each account must have a separate email address and financial information. You can also upgrade your Personal account to a Premiere or Business account.
Can I close my PayPal account and open a new one with the same email?
A: Yes once you have successfully closed down a PayPal account, you can use the same email to create a new account.
Can I use fake date of birth on PayPal?
Unfortunately, PayPal does not have a specific avenue to change your date of birth. One way to submit the correct paperwork and correct the error is to use the Name Change page. … This works to change your date of birth as well; then you simply wait for PayPal to review the information.
Is PayPal cash a credit card?
The PayPal Cash Card is a debit card linked to your PayPal balance. The PayPal Cash Card is not a credit card. PayPal is not a bank and does not itself take deposits. You will not receive any interest on the funds in your PayPal Balance account.
How do I know if a PayPal email is legit?
A genuine email from PayPal would also address you by name and not start with ‘Dear Customer’. Logging into your account direct and not clicking on any link in the email is the safest way to check what is going on (if anything). Don’t reply or open any attachments, and if in doubt contact PayPal to be 100% sure.
Why does PayPal need my SSN?
PayPal asks for SSN because it needs the data for sales or credit information. … The IRS requires that PayPal send sellers who record 200 transactions AND sell $20,000 or more in services or products an IRS form 1099. Your income should be reported at this level. This is the reason for PayPal requiring SSN.