How to permanently delete your PayPal account.

What to consider before permanently deleting your PayPal account, and how to do it

Social media users criticized PayPal’s new policy when it was revised to add a $2,500 fine for disseminating what the corporation considers to be false information.

Following the new policy, the company’s shares fell by over 6%, according to Reuters. After that, PayPal changed its mind and issued an apology for the misunderstanding it had caused. To address these errors, our teams have made the necessary adjustments, said spokesperson Justin Higgs to The Washington Post.

On Twitter, skeptics included David Marcus, a former president of PayPal, Elon Musk, and other prominent Republicans. Many users responded to the business’ most recent tweet by criticizing it or by announcing that they were cancelling their accounts.

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How to get rid of PayPal

You can follow these instructions to remove your PayPal account if you want to transfer your transactions somewhere else or if you simply no longer use the service 

Delete your account on your desktop:

1. To “Log out,” click “Settings” next to it.
2. “Close your account” can be found under “Account Options.”
3. when prompted, enter your bank account
4. Select “Close Account.”

In the PayPal mobile application, follow these steps to delete your account:

1. In the top left corner, select the profile symbol.
2. Select  “Close  account”.
3. Select “Close Account.”

Why am I unable to remove my PayPal account?

There might be some loose ends you need to tie up if you’re having difficulties deactivating your account. PayPal cautions that if there are outstanding concerns or a balance, you won’t be able to deactivate your account. Additionally, PayPal may impose restrictions on accounts if they see questionable activity, preventing users from deleting their accounts.

Common justifications for account limitations include:

• Someone not authorized is utilizing your account.
• You did not provide the necessary documentation as required by law, for example.
• You are not abiding by the Acceptable Use Policy of PayPal.
• Your account has a significant amount of buyer claims and chargebacks.
• If you suddenly modify what or how much you sell, PayPal needs to review it.

What happens if your PayPal account is deleted?

Before closing your PayPal account, be sure to take out every last penny to prevent money loss.

Upon account termination, PayPal will cancel any outstanding payment requests, and the user will no longer have access to any promo codes and coupons.

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After cancelling your account, you won’t be able to use a PayPal Smart Connect account, the company’s internal line of credit.

Is it possible to remove PayPal and start over?

No, your account is permanently deleted once you do so. You can open a new account, but it won’t have the same transaction history as your old account, according to PayPal.

Source: usatoday