If you`re an online seller or buyer, you`re probably familiar with PayPal. It`s one of the most popular payment gateways on the internet and offers a range of services that make it easy for you to buy and sell goods and services.
One of the features that PayPal offers is the billing agreement. This is an agreement that allows buyers to authorize sellers to automatically charge their PayPal accounts for future purchases. This is a convenient feature for buyers because they don`t have to enter their payment details every time they make a purchase.
However, there may come a time when a buyer wants to cancel a billing agreement. This could be because they no longer need the product or service, or they`ve found a better deal elsewhere. Whatever the reason, canceling a billing agreement is simple, and PayPal will send a confirmation email to let you know that it`s been canceled.
To cancel a billing agreement, log in to your PayPal account and go to the “Settings” section. From there, select “Payments” and then “Manage pre-approved payments.” You`ll see a list of all your billing agreements. Find the agreement you want to cancel and click on “Cancel.” Follow the prompts to confirm that you want to cancel the agreement.
Once you`ve canceled the billing agreement, PayPal will send a confirmation email to the email address associated with your account. The email will include the details of the canceled agreement, including the merchant name, the amount of the agreement, and the date it was canceled.
It`s important to note that canceling a billing agreement doesn`t mean that you`ll receive a refund for any payments that have already been made. If you want a refund, you`ll need to contact the seller directly.
In summary, canceling a PayPal billing agreement is a simple process that can be done in just a few clicks. Once you`ve canceled the agreement, PayPal will send you a confirmation email to let you know that it`s been canceled. If you have any questions or concerns, contact PayPal`s customer service team for assistance.