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At least in most of the US a minor must have a parent sign for their account and it is a linked account of the parent meaning they can review transactions and s
by LinuxBender 4y ago
At least in most of the US a minor must have a parent sign for their account and it is a linked account of the parent meaning they can review transactions and set spend limits but there is probably a way around this. Part of this is banking regulation as explained to me by a bank and part of this is that a minor can not legally enter into a binding contract though many companies would have kids think otherwise.
- livueta 4y agoAs a kid bootstrapping online funding, I used prepaid debit cards available from many retailers. AFAIK there still isn't any kind of point-of-sale age check, and while some providers who use CC info for age/location verification can filter prepaid cards, VPN providers don't care.
- LinuxBender 4y agoIt makes sense. Prepaid cards are not banks and they take very little risk in letting an unverified person get a card, as the card only has the money the person paid for it. They can not overdraft. Adding to that more and more online companies are rejecting said cards, at least the major online stores anyway.