As Paypal continues to be one of the most popular online payment platforms, it`s important for users to know how to cancel billing agreements on their account. These agreements are set up between the user and a merchant or subscription service, giving permission for recurring payments to be charged to the user`s Paypal account. Cancelling these agreements is a simple process, but it`s important to follow the correct steps to avoid any future charges.

Step 1: Login to your Paypal account

The first step to cancelling a billing agreement is accessing your Paypal account. Login to your account using your registered email address and password.

Step 2: Navigate to „Settings“

Once you`re logged in, navigate to the „Settings“ tab located at the top-right corner of the screen. Click on the „Payments“ tab and select the „Manage pre-approved payments“ option.

Step 3: Cancel the agreement

You’ll be taken to a page where you can view all your pre-approved payments. Locate the payment or subscription that you want to cancel and click on it. You’ll see the details of the payment agreement, including the merchant’s name, payment amounts, and the payment frequency.

To cancel the agreement, click on the „Cancel“ button located on the top of the page. This will prompt Paypal to stop the recurring payments from that merchant.

Step 4: Confirm the cancellation

After clicking on „Cancel,“ a pop-up window will appear asking for confirmation of the cancellation. Verify the details of the cancellation and click „Cancel Profile“ to finalize the cancellation of the billing agreement.

Step 5: Check your account

After the cancellation of a pre-approved payment, it`s important to check your account history to make sure that the payment has been stopped. If necessary, contact the merchant to confirm that the agreement has been cancelled and payments have been stopped.

In conclusion, cancelling a billing agreement on Paypal is a simple process that can be done in just a few clicks. By following the correct steps, you can avoid future charges from unwanted subscriptions or merchants. By regularly monitoring your pre-approved payments, you can keep your Paypal account secure and ensure that you only pay for the services that you truly want.