How To Cancel PayPal Preapproved Payments - Step-by-Step Guide

How To Cancel PayPal Preapproved Payments

PayPal is a widely-used online payment platform that allows users to send and receive money securely. However, sometimes users may need to cancel preapproved payments that they have set up through their PayPal accounts. Preapproved payments are recurring payments that are automatically deducted from a user’s PayPal account at regular intervals.

Canceling preapproved payments on PayPal can be done in a few simple steps. This step-by-step guide will walk you through the process to ensure that your preapproved payments are canceled successfully.

Table Of Contents

Step 1: Log in to your PayPal account using your email address and password.

Step 2: Once logged in, click on the “Settings” icon in the upper right-hand corner of the page. It looks like a gear.

Step 3: In the drop-down menu, select “Payments.”
Step 4: Under the “Preapproved Payments” section, click on “Manage Preapproved Payments.”

By following these steps, you will be able to access a list of all the preapproved payments that are associated with your PayPal account.

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How To Cancel PayPal Preapproved Payments

Canceling a preapproved payment on PayPal is a straightforward process that can be done in a few simple steps. If you no longer wish to authorize recurring payments to a merchant, follow the steps below to cancel the preapproved payment.

Log in to your PayPal account.
Click on the cogwheel icon in the top right corner to access your account settings.
Select “Payments” from the dropdown menu.
Under the “Preapproved Payments” section, click on “Manage preapproved payments.”
A list of all your preapproved payments will be displayed. Find the one you want to cancel and click on it.
Review the details of the preapproved payment and click on “Cancel” to stop the recurring payments.

After canceling the preapproved payment, you should receive a confirmation message from PayPal. It’s a good practice to double-check your account activity to ensure the cancellation is successful.

Note that canceling a preapproved payment will stop any future recurring payments to the merchant. However, it will not refund any payments already made.

It’s important to regularly review your preapproved payments on PayPal to prevent any unwanted charges or subscriptions. By canceling preapproved payments you no longer need, you can have better control over your financial commitments.

Step-by-Step Guide

Canceling PayPal preapproved payments is a simple process that can be done by following these steps:

Sign in to your PayPal account.
Click on the “Settings” option in the top right corner of the page.
Under the “Payments” section, click on “Preapproved payments.”
You will see a list of all your preapproved payments. Find the payment that you want to cancel and click on it.
On the next page, you will see the details of the preapproved payment. Look for the “Cancel” option and click on it.
A confirmation message will appear asking if you want to cancel the preapproved payment. Click on “Yes” to confirm.
You will receive a notification confirming that the preapproved payment has been canceled.
Repeat these steps for any additional preapproved payments that you want to cancel.

It’s important to note that canceling a preapproved payment does not automatically cancel any subscriptions or services associated with that payment. You may need to separately cancel subscriptions or services to ensure that you are no longer billed.

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By following these steps, you can easily cancel PayPal preapproved payments and have control over your recurring payments.

FAQ:

Can I cancel a preapproved payment if I don’t have a PayPal account?

No, you cannot cancel a preapproved payment without a PayPal account. To cancel a preapproved payment, you need to have an active PayPal account and be logged in. If you don’t have a PayPal account, you will need to create one first before you can cancel any preapproved payments.

What happens if I cancel a preapproved payment on PayPal?

If you cancel a preapproved payment on PayPal, the payment agreement between you and the merchant will be terminated. This means that the merchant will no longer be able to charge your PayPal account for any future payments. However, please note that canceling a preapproved payment does not automatically refund any payments that have already been made. If you need to request a refund, you will need to contact the merchant directly.

Is it possible to reactivate a canceled preapproved payment on PayPal?

No, once you cancel a preapproved payment on PayPal, you cannot reactivate it. If you wish to continue making payments to the merchant, you will need to set up a new preapproved payment agreement with them. This will require you to provide your payment information again and authorize PayPal to charge your account for future payments.