How to Stop Payment on Electronic Debit With PayPal

PayPal is an online payment service that allows you to send money to any person with an email address. The service offers an alternative to traditional payment methods such as checks, cash, credit cards or money orders. You can fund your PayPal account with an electronic debit from any checking or savings account or a credit card. PayPal also allows you to set up recurring electronic debits with PayPal merchants. You can stop these electronic debits at any time by logging into your PayPal account and canceling the automatic electronic debit.

Instructions

1. Go to the PayPal website.

2. Enter your PayPal email address and your PayPal password and click the gold "Log In" button.

3. Click the "Profile" tab located at the top of the PayPal window.

4. Select the option "My Preapproved Payments" listed under the "Financial Information" subsection.

5. Click "View the Agreement" located next to the electronic debit payment you want to stop.

6. Click "Cancel automatic billing." Confirm that you want to stop the electronic debit payment.

Tips & Warnings

• Stopping an electronic debit payment in PayPal does not relinquish any legal or contractual obligation you may have to make a payment to the merchant or person whose payment you canceled.

References

• PayPal: Help Center Answers

Resources

• PayPal