If you make frequent payments to an online service, it can be difficult to remember to send the cash owed by you on time. Even if some banks provide the ability to set up recurring payments, PayPal’s subscription feature has simplified the process for you.
It does not matter if you have a digital subscription to Hulu or you’ve pledged a monthly amount to any charity you prefer, PayPal’s subscriptions will make sure your cash is sent on the same date on a monthly basis until you mark something else.
However, what if you wish to cancel a PayPal subscription? Here is How To Cancel A PayPal Subscription And Stop Making Auto Payments For An Online Service?:
How Can I Cancel A Paypal Subscription To An Online Service?
- Get yourself logged into the PayPal site with your email address and password.
- As soon as you are logged in, tap the small gear icon on the upper right-hand corner of your display to head to the settings page.
- From the menu bar way up on your display, tap “Payments.”
- Beneath “Automatic payments,” tap “Manage automatic payments.”
You Might Also Want To Read- How To Cancel Paypal Credit?
- Beneath “Automatic Payments,” on the left-hand side of your screen, search for the business whose subscription you wish to cancel to tap it.
- Close to “Status,” you will see “ACTIVE” in green text. Tap “Cancel” close to it to cancel your subscription.
You Might Also Want To Read- How To Cancel Paypal Credit?
- From the pop-up that will be visible, tap “Cancel Automatic Payments” to confirm that you want to cancel your subscription.
More Information About Paypal
PayPal Holdings Inc trading as PayPal, is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders. The company operates as a payment processor for online vendors, auction sites, and many other commercial users, for which it charges a fee in exchange for benefits such as one-click transactions and password memory. PayPal’s payment system, also called PayPal, is considered a type of payment rail.
Established in 1998 as Confinity, PayPal had its initial public offering in 2002, and became a wholly owned subsidiary of eBay later that year. eBay spun off PayPal in 2015. The company ranked 222nd on the 2018 Fortune 500 of the largest United States corporations by revenue.
At a 2019 World Economic Forum panel in Davos, founder Luke Nosek stated that PayPal’s initial mission was to “create a global currency that was independent of interference by these, you know, corrupt cartels of banks and governments that were debasing their currencies”. Nosek said this mission ultimately failed because of investor pressure to release a product as soon as possible.
PayPal was established in December 1998 as Confinity, a company that developed security software for handheld devices. PayPal was founded by six persons- Max Levchin, Peter Thiel, Luke Nosek, Ken Howery, Yu Pan and Russel Simmons. PayPal was developed and launched as a money transfer service at Confinity in 1999, funded by John Malloy from BlueRun Ventures.
As of 2019, PayPal operates in 202 markets and has 286 million active, registered accounts. PayPal allows customers to send, receive, and hold funds in 25 currencies worldwide.
