How To Delete Paypal Account

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How to delete a PayPal account

Easy to create, generally cost-free, and useful for speedy transactions are PayPal accounts. However, there are many reasons why you might wish to terminate your PayPal account, including switching to an alternative like Venmo, disliking some of the fees charged by PayPal, or needing to create a new account with a different email address. Here’s how to terminate a PayPal account forever, no matter the cause.

Why should you delete a PayPal account?

There may be a number of factors at play if you decide to terminate your PayPal account. Perhaps your company is closing, and you have a business account. Maybe you’ve shifted to a different service like Venmo or Wise? Or maybe you want to create a new account with a different email? You can also object to the few expenses associated with particular behaviors or you might wear a tinfoil hat and want to keep your finances a secret.

Whatever the reason, if you don’t intend to use PayPal again, it’s a good idea to delete your account. Although PayPal is safe, you should exercise caution when using any online service that lists your financial and personal information.

What to know before taking action

There are a few things you should be aware of before learning how to terminate your PayPal account. First and foremost, once you remove your account, it is permanently deleted. The information associated with your account will be permanently removed even if you open a new PayPal account with the same (or a different) email address. Because of this, take sure to make a copy of your transaction history before canceling your account.

The other action you should do is to take any remaining funds out of your account. You can accomplish this by transferring the money to a different PayPal account, a bank account, or by asking PayPal to send you a check. Of course, you can also use the remaining funds to make online purchases or give them to a good cause.

You won’t be able to close the account until the PayPal credit amount is paid in full if you have one. The same holds true for any outstanding concerns involving your accounts, such as pending payments or other obligations. Depending on the issue, you might need to get in touch with customer care to remedy this.

How to close and permanently delete a PayPal account

Log in to your PayPal account and click on the gear icon at the top right corner. Go to the Account tab and click on Close your account in the Account options section. You will see a warning pop up. If you’re sure you want to delete your account, click on Close account.

On mobile, click on your profile icon at the top right corner. Scroll down to and tap on Close account. You will see the same warning. Tap on Close account to confirm.