Below you will find comprehensive guide on how to delete paypal account permanently, whether you are using it for personal or business purpose. Follow the given steps to do that with ease.
Paypal is a free platform, offering financial service for making online payments. It is used for both personal and business purpose as it allows paying for items as well as set up a merchant account. If, for whatever reason, you want to delete your PayPal account, you can do that easily with just simple steps.
But, before we move on and provide you the guide how to delete paypal account permanently, there are some important things that you should check for before doing this. These are described below.
To do actions behind closing down PayPal account
- Change the payment method – remember that closing an account would cancel all recurring transactions. So, If you pay any recurring transaction with your PayPal account, you should change the payment method to another account.
- Pay off balances – Before initiating the deletion process, you should assure you complete any pending payments or issues associated with your account. You may take customer support for any unauthorized transactions.
- Withdraw any available balance from your account – Below your PayPal balance, select Transfer to your bank, choose where to transfer money from and to, enter the amount and then select Continue and transfer to complete the withdrawal.
Once you close your PayPal account, you cannot open it. You are not deactivating your account. Deactivating account means that you can reactive it later, if needed. This is not the case here. You’re your PayPal account has been deleted, it is permanently deleted.
To use the PayPal again, you would have to create a new account that you can do using the same email address that you are using now. After knowing all the things, now we are providing the steps to delete your PayPal account.
Steps how to delete PayPal account
- Log-in your PayPal account using your PC,
- Click on the gear option at the top-right corner to open Settings,
- Go to the Account section under the Account options tab and click on the Close your Account,
- You will get a reminder if you still have money in your PayPal account. Also, a prompt to use or transfer it appears before you during the time of deleting the account permanently,
- Enter your bank details in the input field and click on the Close Account finally to complete to steps to delete PayPal account.
Conclusion
We have provided easy steps how to delete paypal account permanently. Once you have closed your PayPal account, you will be able to access it again. Your transaction history with PayPal will be lost, any unpaid money requests are automatically canceled, and the future payments cannot be made with using it.
People might step for its removal for several reasons, one such being the safety. While PayPal is secure, but any place on the web where personal and financial details are listed can be breached. Deleting the details from places you are no longer using would decrease the risk of having the information breached.