How "legal" is it to have 2 paypal accounts?

Thread Tools
 
Search this Thread
 
Old 06-25-2008, 12:51 AM
  #1  
TECH Junkie
Thread Starter
iTrader: (64)
 
Donohue96M6Z28's Avatar
 
Join Date: Sep 2004
Location: San Antonio, TX
Posts: 3,612
Likes: 0
Received 0 Likes on 0 Posts

Default How "legal" is it to have 2 paypal accounts?

Just curious. I've known people to have one for credit cards and people to have one for people sending money with bank accounts etc. What do you need to do this? Just a diff email address? Or a diff bank account number as well?
Old 06-25-2008, 01:19 AM
  #2  
Teching In
 
Burninator's Avatar
 
Join Date: May 2007
Location: Katy
Posts: 2
Likes: 0
Received 0 Likes on 0 Posts
Default

really depends.

It goes by email, so 2 emails is a start. Then i would imagine that it wouldnt allow 2 of the same bank accounts to be used, but that might be wrong.

Regardless, if you dont verify with a bank account, you can still have something else registered, just wont be verified.
Old 06-25-2008, 01:27 AM
  #3  
TECH Apprentice
 
AxisOfOil's Avatar
 
Join Date: Jun 2008
Location: Mesa, AZ
Posts: 391
Likes: 0
Received 0 Likes on 0 Posts
Default

It is illegal.
It is probably considered theft, since there is only a certain number of transactions you can receive funds from on a paypal account before paying for a business user account. If you use more than that many between the two accounts, you're stealing.
Old 06-25-2008, 01:36 AM
  #4  
Teching In
 
Burninator's Avatar
 
Join Date: May 2007
Location: Katy
Posts: 2
Likes: 0
Received 0 Likes on 0 Posts
Default

https://www.paypal.com/us/cgi-bin/we...a/USUA-outside
2.2 Personal, Premier and Business Accounts. We offer three different types of Accounts: Personal, Premier and Business Accounts. You may only hold one Personal Account and either one Premier or one Business Account. By opening a Premier or Business Account and accepting the terms as outlined in this Agreement, you attest that you are not establishing the Account primarily for personal, family, or household purposes.
Thats the only thing i really saw about having 2 accounts
https://www.paypal.com/us/cgi-bin/we...tTypes-outside
PayPal allows members to have one Personal account and one Premier or Business account. However, each PayPal account must contain unique email addresses and financial information. You may upgrade your account at any time.
looks like i was right. You can have 2 as long as its different emails and financial information
Old 06-25-2008, 06:59 AM
  #5  
Teching In
 
Elkyman72's Avatar
 
Join Date: Jun 2007
Location: Katy, TX
Posts: 10
Likes: 0
Received 0 Likes on 0 Posts

Default

I had a problem with my account because I did some stuff with it for my Fraternity, and they told me I should have two, but its a pain in the *** and you can't use any of the same credit cards, but for your use it make sense
Old 06-25-2008, 07:02 AM
  #6  
TECH Senior Member
iTrader: (1)
 
Camaroholic's Avatar
 
Join Date: Nov 2001
Location: Waco, TX
Posts: 6,449
Likes: 0
Received 0 Likes on 0 Posts

Default

Your bank accounts have to be separate / different also. They will not allow 2 different 'users' access to the same bank account. It's not hard to set up additional bank accounts though. I have an account with Wachovia that I use only for Paypal, and it's not tied to my 'real' bank account (at another bank) in any way.
Old 06-25-2008, 07:13 AM
  #7  
TECH Addict
iTrader: (28)
 
Cam72aro's Avatar
 
Join Date: Feb 2006
Location: Sugar Land, Tx
Posts: 2,137
Likes: 0
Received 1 Like on 1 Post

Default

Originally Posted by Burninator
really depends.

It goes by email, so 2 emails is a start. Then i would imagine that it wouldnt allow 2 of the same bank accounts to be used, but that might be wrong.

Regardless, if you dont verify with a bank account, you can still have something else registered, just wont be verified.
Also if you dont verify with a bank account then your max spending limit with a cc is like $1000 total. After this you have to verify.




All times are GMT -5. The time now is 08:41 PM.