Okay so this case needs a little bit more of explanation becauseĀ thereās no need to panicĀ
Are you calm now? Yes? Good.
The first thing that you need to realise is that you not being 18 is a serious legal issue not only for PayPal, but for ANY OTHER FIRM PROVIDING THIS KIND OF SERVICE. This includes the āalternativesā like Google Wallet and others. It is clearly stated in their TOS (which you are supposed to get familiar with before using their service). Therefore, if you made an account before being 18 then you, and let me repeat that, YOU are in the wrong here, not them.
āBut nobody reads theseā my dude this is LAW, REAL CORPORATIONS and REAL MONEY weāre talking about here. Itās more than obvious that they wonāt fuck around when it comes to the legal measures. Should any outside entity learn about your little lieĀ it can result in something more serious that this, drag both PayPal and you down. You gotta realise that in real life rules exist for a reason.
Now to the money part:
To tone down the stress Iām gonna say it right now that your money is safe.
This situation happened to me as I made an account when I was 17, so believe me when I tell you I know first hand what I am talking about. After a year of using it (so when I was already 18) PayPal asked me to see my ID to verify some info. After the verification it turned out I made the account when I was underage so they had to āshut it downā WHICH IS A VERY POOR WAY TO DESCRIBE IT.
The accounts are not being āshut downā and your money doesnāt ādisappearā or whatever - PayPal blocks the option to send or withdraw money so your account is simply out of use. As we learned before, you broke their rules so they HAVE TO do something about it.
If you had read that oh so heart gripping story from one of OPās links you would see this screenshot attached to it, which is PayPal informing them about their situation:
Oh? But wait!! Could it be???? That half of the email was cut off?????
In the second part of the email PayPal politely informs you that the problem can be easily solved by making a new account. Are you seeing that last sentence in the screenshot?Ā āTo continue using our service please open a new PayPal accountā? Yeah, that.
Then, the email informs you that you will need to send PayPal a message from the new account that you would like your money transferred to the new account. Basically, you message them āhi this is my new account, my old one was XYZ, could you please transfer my money to this account?ā and thatās it.
The money will be on your new account within 5 days MAX.
In conclusion: No money lost, PayPal solved their legal issue and you have a new, fresh, bombing legal account. No one goes to jail, everyone is happy. No fees, no nothing. As if you had never crossed any lines or broken the law.
TL;DR YOUR MONEY IS SAFE
Thereās a reason why PayPal is one of the most reliable services out there that so many other companies decide to trust. When youāre buying something online and you have the PayPal option accessible, why do you think itās there? Because thatās just how it is? No. At one point the companies had to struck a deal, thatās why you can pay safely. And let me tell you, no company will skip reading the rules nor will they decide to trust a shady firm.Ā Companies are real deals that operate under millions of regulations and are directly exposed to law (just like you tbh) and thatās why theyāre strict about their rules. And you should be too.
Ps. If currently you are under 18 with PayPal account, donāt stress it ok? They wonāt try to verify you until you start dealing tons of money or after a certain time period. But by then you will be 18, hopefully. So, chillex my dude itās okay.Ā