La digital payment platform PayPal is one of the most used in the world. just as we can activate a subscription in PayPal for a content creator or service, it can also be cancelled. In this small guide we tell you, step by step, how to stop paying an automatic payment.
The subscription system is widely used by PayPal users, so we can forget about the payment date. It is similar to putting a payment for a service on our credit or debit card. We automate the amount and date for a recurring payment that the PayPal platform itself will be responsible for making with our funds.
Step by step, cancel a subscription in PayPal
If you have a active PayPal subscription and you want to cancel it, the first thing we will do is enter our user account. To manage subscriptions you have to do it from the web version, in the mobile app the action is a little different.
- Select the Sign in option.
- Enter username and password.
- Click on the gear-shaped icon and then on the Payments menu.
- Open the option that says Manage pre-approved payments.
- Choose the subscription or payment you want to cancel.
- Select the Cancel button and confirm the cancellation.
Cancel a subscription in PayPal from Android
To cancel an automatic payment from PayPal On the mobile phone, we have to unlock the device, enter the application and follow these steps:
- Select the Wallet option
- In the list of linked cards, swipe until you find the Automatic Payments button.
- Select the active subscription you want to cancel.
- Confirm the cancellation by pressing the Remove PayPal as payment method button.
Remember that when setting up subscriptions, the system asks you if you want to pay with a PayPal balance or directly from a card.
Tips for managing PayPal subscriptions
The system of pre-approved payments and subscriptions in PayPal It is very useful if you have to repeat payments on a monthly or annual basis. The destination account is configured only once, as well as the amount, and in the event that there is any change, PayPal will ask us before confirming increases.
The idea behind a subscription manager is to be able to control our finances in a simple and transparent way. PayPal lets you set up and cancel a subscription in just a few steps. It is not about endless steps and hidden submenus, but the option can be easily selected from the Payments menu.
Subscriptions and automatic payments
Through the PayPal payment platform, some sellers accept the configuration of subscriptions or automatic payments. The goal is to make the transfer faster, avoiding having to re-enter payment details. These automatic payments or subscriptions require an agreement to be established.
From PayPal we can select that the payment be made directly with funds in the account, or by credit card associated. In the event that, at the time of payment, we do not have the funds, the default source order is:
- PayPal funds.
- Associated bank account.
- PayPal debit card.
- PayPal credit card.
- Debit.
- Credit card.
- Electronic check.
Thus, the platform looks for all possible ways to make the payment and that the selected service has no debts. In any case, we can always go in and change the settings of a subscription if we want to cancel it. From the PayPal account settings it is possible to cancel a subscription and reconfigure the payments to be made manually. If the flow of funds becomes irregular, it is recommended not to have automatic subscriptions marked to better manage our money.
Automatic Payment Considerations
PayPal only allows you to access the subscription or automatic payment system if you have a linked credit card. In this way the platform ensures that it will be able to obtain the money for the payment in some way. Information about automatic payments, their configuration and cancellation, also appears on the official PayPal page. As it is a sensitive topic such as user money, we collect the instructions and official information so that you can correctly configure your subscriptions and cancel them if necessary.
Conclusions
With the advance of the digitization of banks, PayPal has continued in its advance to offer services through the web. Its digital payment system and the possibility of downloading funds to cards in different countries around the world make it a very widespread competitor on a global level. When you cancel a subscription in PayPal, we can reactivate it if necessary, so make sure you control your expenses and take advantage of digital payment alternatives. Feel free to set up and continue to take advantage of PayPal's options to transfer money and make automatic payments to your favorite magazines or services with just a few clicks.
