Can I use my PAN on PayPal if I am a minor?

I am starting an online business. But the problem is I m a minor. I want to know if a minor’s PAN will work just as fine on Paypal for enabling deposits from overseas, provided that my PayPal account name, my name on PAN and my bank account name all match. Also, how will this affect any future outcome as I reissue

I am starting an online business. But the problem is I m a minor. I want to know if a minor’s PAN will work just as fine on Paypal for enabling deposits from overseas, provided that my PayPal account name, my name on PAN and my bank account name all match. Also, how will this affect any future outcome as I reissue the PAN card after a few months as soon as I turn 18.

Please help because it s urgent. I shall be very grateful to you if you can help me out with this question.

Other answer:

Uday:
Paypal requires you to be an adult. You are supposed to open an account with a valid credit or even a gift card, if you are only intending to buy something – say, from ebay. If you plan to transfer funds from paypal, or sell things, you should have a deposit account, debit card.

PAN (Permanent Account Number) is a TAXPAYER ID, and is only usable inside INDIA (Equivalent to SSN in the US, or a National Insurance ID in the UK). It is not useful as a deposit account number, because it is not tied to a banking institution that does business outside of India. You will need a bank account, and the number associated with it must do business in US Dollars.

NA:
You can't use Paypal until you are 18.

The Student accounts have been discontinued.

N J Reddy యన్.జే.రెడ్డి:
You can. But the income will be added to your parents income till you turn 18+.

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