Are you tired of constantly being charged by PayPal for services you no longer need or want? You`re not alone. Many people struggle to cancel their billing agreements on PayPal. That`s why we`ve put together this article to walk you through the process of canceling your billing agreement with PayPal in 2020.
First, it`s important to understand what a billing agreement is. A billing agreement is an agreement that allows a merchant to charge a customer on a regular basis for a product or service. In PayPal`s case, this is typically used for online subscriptions or recurring payments.
To cancel a billing agreement with PayPal, follow these simple steps:
Step 1: Log in to your PayPal account.
Step 2: Click on the “Settings” icon located at the top right corner of your screen.
Step 3: From the drop-down menu, select “Payments.”
Step 4: Under “Payments,” select “Manage automatic payments.”
Step 5: Find the merchant`s name whose billing agreement you want to cancel and click on it.
Step 6: Click on “Cancel” or “Cancel automatic billing” and follow the prompts to confirm your cancellation.
It`s important to note that canceling a billing agreement will not automatically refund any payments already made. You will need to contact the merchant directly to request a refund for any payments made after your cancellation.
In conclusion, canceling a billing agreement with PayPal is a simple process that can save you money and hassle. Follow these steps to cancel your billing agreement and take control of your finances in 2020.