You send your money to the wrong address and you want to cancel your Paypal payment but you do not know how to do it then do not worry because today I am going to tell you How to Cancel Paypal Payments in some easy steps.How to Cancel PayPal Payment? Click To Tweet
Cancel PayPal Payment
PayPal Holdings, Inc. is an American company operating an online payments system in the majority of countries that support online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders. The company charges a fee in exchange for the benefits of the one-click transaction.
PayPal makes it easy to send money. Paypal is easy to use and everyone can send the money through with it if you have a Paypal account. PayPal is also a secure transaction app and you do not need to worry about its privacy and security.
If you send money to the wrong PayPal address by mistake or you send extra money to someone and you want to cancel it then you can but you have a limited time to do it because if other person claimed the payment then you do not have any option to cancel your PayPal payment. But still, you have a chance to cancel the payment before another person claimed it.
But if you are using any other payment method and you send it wrong person then you do not have any option to cancel it. You need to contact and call in support system to cancel your payment. You can also contact to support team to cancel your payment on PayPal.
How to Cancel a Pending PayPal Payment?
It’s too easy to cancel PayPal payment once you have done it. But if you did not cancel a payment and this is your first time then maybe for you it is not too easy.
There is only a certain time you can cancel your payment. First, you need to log into your PayPal account and go to the activity page. After that go to the All transaction page. On the transaction page, you can also check all transaction history you make in the past few days or months. Now find the transaction you want to cancel, if that was your last payment then you will find it on top. After that you will see a small Cancel button, if you press the button then your payment will be canceled and you get your money back.
But this is possible only when the other person did not claim payment or payment is not completed. If another person already claimed the payment you send then you will not find the cancel button.
How to cancel your PayPal Payment?
- Log into your PayPal account.
- Click Activity at the top of the page.
- Select All Transactions.
- Find the payment and click Cancel.
- On the next page, click Cancel Payment.
How to cancel a recurring payment on PayPal?
The recurring payment is easy to set up on PayPal. You need to cancel the PayPal transaction, in addition, to cancel the subscription with the business itself.
To cancel a recurring payment its steps are similar to the above steps but it is a little different in it.
Steps to Cancel a recurring Paypal Payment?
- Log into your PayPal account.
- Click the username button in the top right.
- Select Account Settings.
- Hit Money, Banks & Cards.
- Scroll to the bottom and select Set Automatic Payments.
- Select the recurring payment or subscription you want to cancel.
- Select Cancel.
Note that you have to cancel the recurring payment at least 24 hours before it’s scheduled to occur.
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PayPal is easy to use and secure app to make a transaction but sometimes it also happens you send money to the wrong person if this case happens then visit the Paisahack and read this article.
Today I told you how to cancel PayPal payments including pending payments and Recurring PayPal Payments.