InternetTech

Can you use a fake name on PayPal? Is it risky?

Can you use a fake name on PayPal? Using the fake name on PayPal is not recommended because it is against PayPal’s policy and may lead to permanent account deactivation. You can use a fake name on PayPal but you will need to provide your real details when making any form of purchase using the e-commerce platform.

Can you use a fake name on Paypal?

Can you use a fake name on PayPal

Yes, you can use a fake name on PayPal but it is important to note that the e-commerce platform strictly prohibits users from using their services for illegal activities. The company issued an official statement in relation to the issue which says “We are committed to working with law enforcement and addressing fraud perpetrated by criminals.” Therefore, before creating an account, ensure that you are aware of the policies and procedures on how to use the PayPal platform. Read also: How to Improve Your Financial Advice Business

PayPal, located in San Jose, California is one of the most used electronic payment companies in the world. Since the company’s launch in 1998, PayPal has grown considerably and users continue to increase because of the convenience it offers through its various services such as money transfers and retail purchases. PayPal is an acquired entity and is highly regulated by authorities like the Federal Deposit Insurance Corporation (FDIC), Office of The Comptroller of Currency (OCC) and Visa.

How to use a fake name on PayPal?

You can use a fake name on PayPal but it must be an alias. The e-commerce company does not allow the use of stand-in names, made up words or pseudonyms. When signing up for an account, you are required to enter your real name and address because PayPal requires this information for tax purposes (if applicable). However, you can’t use a fake name on PayPal if you want to purchase goods and services because the company requires an extra level of verification before processing any purchase.

You can, however, use a fake PayPal email address and PayPal does not require your actual phone number as long as you provide your legit details if and when required. You can also create multiple accounts on PayPal using different aliases.

Is it risky?

Yes, it is risky because PayPal does not provide services for illegal transactions. This means that if you use a fake name on PayPal and the company finds out, then your account will be deactivated instantly. You can’t recover any of your funds or your purchased items back. It’s worth noting that there are numerous scammers using this method to defraud innocent members of society.

Actual PayPal names are not required for users creating an account. You can create a phony name that is made up or completely fictitious but you must have a real address and phone number because these details are essential when making any purchase from the website.

To conclude, you can use a fake name on PayPal but you will need to provide your real details when making any transaction. The e-commerce platform strictly prohibits users from using their services for illegal transactions.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button