Is ParentPay the same as PayPal?

We are excited to announce that we are joining forces with PayPal, the faster, safer way to pay online, on mobile phones and in-store.

What is ParentPay account?

To allow for faster payments towards trips, school meals, clubs, and anything else schools may collect money for, ParentPay provides access to the Parent Account. You can add any amount of money into your Parent Account and use it to quickly check out and pay for items added to the ParentPay system by the school.

How do I access my ParentPay?

Setting up your ParentPay account

1. Navigate to parentpay.com.
2. Select Login at the top right corner of the screen.
3. Enter the username and password (activation codes) provided in your account activation letter and select Login.
4. Complete the activation as detailed on the screen.

How much does ParentPay cost?

WHAT’S THE COST? The same payment service fee (PSF) of 1.275% is charged against each payment. If the school chooses to issue PayPoint cards to collect payments for regular payments such as school meals/dinner money, each card is charged at £1.50 + VAT. This will be invoiced to the school each quarter.

How do I get my money back from ParentPay?

1. Navigate to Payment items > Reports.
2. Select Payment report.
3. Select Advanced options.
4. Change the Payment method to ParentPay.
5. online.
6. Select Search.
7. Select View receipt/make refund.
8. At the bottom of the receipt, select Refund.

Can I add my child to my PayPal account?

PayPal has launched a student programme that lets parents establish a sub-account for their children that they can transfer money into and monitor. Money can be transferred online or via mobile phones with parents and teens also able to check the account balances using their handsets.

How does ParentPay work?

ParentPay rolled out ‘My Account’ – a new system that lets parents preload money onto the site using a credit or debit card – on 8 June. That money can then be used to pay for individual items (such as a school trip) or parents can move it into a separate balance that funds their child’s school meals.

How do I withdraw money from ParentPay?

How do I withdraw money from Parent Account?

1. Log into your ParentPay account.
2. From your homepage, Select Parent Account (desktop) or click on the notes symbol (mobile – see image below)
3. At the bottom of your statement summary, select Withdraw.
4. Enter an amount between the minimum and maximum shown.
5. Select Make withdrawal.

How long does parent withdrawal take?

The withdrawal may take up to 5 working days to be credited back to the card/bank account that the original payment was taken from. If the withdrawal will result in amounts being credited to multiple cards/bank accounts, the confirm withdrawal notification will display what will be refunded to which cards.

Can a 13 year old have a PayPal?

According to PayPal’s rules, a person must be at least 18 to open an account as it is illegal to enter into a contract unless you are an emancipated minor. PayPal does offer student accounts to children and teenagers, but to get one, an adult would have to sign for it and act as the primary account holder.

Can I link my parents bank account to my PayPal?

Absolutely not. Can only link card or bank account that is under your name. Have her sign up for PayPal account under her name, link her credit card to it and she can PayPal you a personal payment with her linked credit card.

How do I set up a PayPal account for my child?

Getting Your Parents to Help Setup Your Kid’s Paypal Account. Once you have the need to get a Paypal account, you will need to get your parents to sign up. They will need to have a bank account as well, because this is how you get your money from Paypal.

How can my parents monitor my PayPal account?

Your parents can report all of this income themselves, and simply monitor your account activity on Paypal as needed.

Do you have to have PayPal for kids to earn money?

Setting up Paypal is nearly a MUST for any kids who want to earn money online. Generally money is transferred through payment processing sites such as Paypal when dealing with cyber purchases. Kids need to have a payment processor if they are working online. There is one small obstacle to this though: parents have to help you.

When did PayPal buy the payment processor iZettle?

On May 17, 2018, PayPal agreed to purchase Swedish payment processor iZettle for $2.2 billion. This was PayPal’s largest acquisition until late November 2019 and the company claims that it is the in-store expertise and digital marketing strength that will complement its own online and mobile payment services.