Sunday, December 02, 2018

PayPal Preapproved Payments - Update

This is an update to an old post of mine but it is worth repeating from time to time, especially in this season of online shopping.

Recently we bought something from Wayfair and used PayPal to pay for it. We selected to use a debit card as payment to PayPal. We thought that was relatively safe as Wayfair wouldn't have access to the debit card and could only process that one transaction.

How wrong we were.

My wife was subsequently buying something else from Wayfair and chose to pay with PayPal. The checkout went smoothly. Too smoothly.

She noticed that even though she had chosen to pay with PayPal she had not been prompted by PayPal to approve the charges.

That was odd.

While the charges were acceptable giving Wayfair the ability to process charges and debits against her checking account without our approval is not what we had intended.

It turns out that a during the previous purchase from Wayfair that was paid for with PayPal, Wayfair categorized the PayPal transaction as requesting an agreement for automatic payment approval.

This wasn't obvious as we approved the PayPal transaction at the time.

And PayPal doesn't make it easy to find these agreements on their site.

Here's how to find them.

Login to PayPal as normal.

Then up in the top right is a little gray gear (1). Click on that.

On the next screen scroll find "PAYMENTS" (2). Click on that.

There will be a section of "Automatic payments". Look down and find "Manage automatic payments" (3). Click on that.

You'll get a list of "Automatic payments". Click on "Show active". You may need to click on "See more" to get the entire list.

Click on each merchant in the list. On the next screen click on "Cancel" if you want to cancel this payment agreement.

A little bit of advice, don't cancel "iTunes and App Store".

This verges on sneaky, both on the part of the merchant and PayPal.

And while I have your attention on PayPal, go read this.

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