If you wish to stop recurring payments on your account or end relationship with a merchant, you may do so by cancelling it in My Preapproved page as well.
Cancelling a recurring payment will take effect immediately and you don’t need to wait a certain period of time until it is cancelled completely.
If you noticed that there are unknown charges showing in your bank account or credit card statement and you suspect that the transactions are associated with PayPal, you may follow the steps below to check which active merchants are charging your account automatically.
Cancel Recurring Payment
Step 1: Login to your PayPal account.
Step 2: Go to My Account → Overview → Profile → My Money → My Preapproved payments
Click Update link.
Step 3: In My preapproved payments page, click the Merchant name you wish to cancel recurring payment.
In that page as well, you will know the initial date of your transaction with the merchant and the last amount debited from your account.
Step 4: Click Cancel link beside Active Status. Select ‘Yes’ when you get a prompt.
|Example of active subscription|
Once you’ve cancelled the recurring payment plan with the merchant, it will be removed automatically from your preapproved payments list.