Paypal billing agreement :(

stocktake · 6th October 2014, 14:25

Just paid for something via paypal on line and looking at the small print It appears I had entered into a billing agreement with the company.
So, unlike me, I read the smallprint.
In short it allows them to take from my paypal account for this transaction AND future transactions for any amount !!!
As this was a one time purchase I was none too happy with that so had a look at my paypal account to see I have another billing account that was active with Stubhub. In effect it appears they could take any amount at any time from my account also.
Not sure I am comfortable with that so into my account, settings, payment settings, pre-approved payments, select the merchant and change status to inactive

.

May help others

James.uk · 6th October 2014, 14:42

Nice one Dave.. :thumbsup:

...

Spike · 6th October 2014, 14:51

Top tip. Cheers!

wraymond · 6th October 2014, 18:33

They were plaguing me to link my bank account to them to 'facilitate' additional payment methods and to give them additional direct debit options. It was about 6/8 weeks ago and I ignored them despite reminders. I already had a card verified attached so gave it no further thought.

Then realised that Paypal were splitting from Ebay to create a separate entity prior to floating on the stock markets, obviously the more bank accounts accredited increases the value to potential investors! Have now today had email confirming I have no bank a/c detailed or verified but can continue to use them for purchases. Very good of them!

clf · 6th October 2014, 18:50

Do what I do. Have a second bank account. My main one is used for my wages and proper direct debits. The second one is for PayPal. I keep less than £10 in it. If I buy anything using PayPal, I transfer the amount required into it, the Tenner helps should go miscalculated for postage etc.

If there is any unauthorized activity, it is easily noticed and rectified.

I have started using it for online transactions too. Transfer funds, then use the card linked to that account.

Kev75 · 6th October 2014, 18:57

Quote:

Originally Posted by clf

Do what I do. Have a second bank account. My main one is used for my wages and proper direct debits. The second one is for PayPal. I keep less than £10 in it. If I buy anything using PayPal, I transfer the amount required into it, the Tenner helps should go miscalculated for postage etc.

If there is any unauthorized activity, it is easily noticed and rectified.

I have started using it for online transactions too. Transfer funds, then use the card linked to that account.

Me too.

Kev

spyder · 6th October 2014, 19:12

Had the same problem with sugar sink & pay-pal, they withdrew £99 for a years subscription. Again the fine print and a box ticked somewhere "allowing" them to do this. Complained to one and all, got a refund and unticked the box.
Daylight robbery comes in many forms.

6th October 2014, 14:25	#1
stocktake Vis Whiz Rover 75 2.5 auto Saloon Join Date: Jun 2007 Location: LEEDS Posts: 20,613 Thanks: 2,057 Thanked 3,056 Times in 1,621 Posts	Paypal billing agreement :( Just paid for something via paypal on line and looking at the small print It appears I had entered into a billing agreement with the company. So, unlike me, I read the smallprint. In short it allows them to take from my paypal account for this transaction AND future transactions for any amount !!! As this was a one time purchase I was none too happy with that so had a look at my paypal account to see I have another billing account that was active with Stubhub. In effect it appears they could take any amount at any time from my account also. Not sure I am comfortable with that so into my account, settings, payment settings, pre-approved payments, select the merchant and change status to inactive . May help others __________________ Dave... Lost a few stones and a Gall Bladder and part of a bile duct and all of my dignity in the suppository incident

6th October 2014, 14:51	#3
Spike Posted a thing or two Spike, Burt & Daisy Join Date: Sep 2013 Location: Murcia, Spain and sometimes South Wales Posts: 1,550 Thanks: 352 Thanked 427 Times in 295 Posts	Top tip. Cheers! __________________ Spike has the rubber boots. I'm James and mine are leather.

6th October 2014, 18:33	#4
wraymond This is my second home 75 Auto 2.5 SE Join Date: Feb 2010 Location: Westcliff on Sea Posts: 5,245 Thanks: 423 Thanked 1,680 Times in 1,014 Posts	They were plaguing me to link my bank account to them to 'facilitate' additional payment methods and to give them additional direct debit options. It was about 6/8 weeks ago and I ignored them despite reminders. I already had a card verified attached so gave it no further thought. Then realised that Paypal were splitting from Ebay to create a separate entity prior to floating on the stock markets, obviously the more bank accounts accredited increases the value to potential investors! Have now today had email confirming I have no bank a/c detailed or verified but can continue to use them for purchases. Very good of them! __________________ member no. 235 Last edited by wraymond; 6th October 2014 at 18:36..

6th October 2014, 18:50	#5
clf This is my second home MG ZT CDTi Join Date: Jan 2014 Location: carrick Posts: 7,859 Thanks: 3,494 Thanked 2,657 Times in 1,973 Posts	Do what I do. Have a second bank account. My main one is used for my wages and proper direct debits. The second one is for PayPal. I keep less than £10 in it. If I buy anything using PayPal, I transfer the amount required into it, the Tenner helps should go miscalculated for postage etc. If there is any unauthorized activity, it is easily noticed and rectified. I have started using it for online transactions too. Transfer funds, then use the card linked to that account. __________________ It is not gloss primer .............. it is duct tape silver!

6th October 2014, 19:12	#7
spyder This is my second home 75 CDT Auto Tourer , Rover 45 , Astra, Zaffira, Chev Captiva Join Date: Mar 2011 Location: Wilts Posts: 3,342 Thanks: 203 Thanked 436 Times in 360 Posts	Had the same problem with sugar sink & pay-pal, they withdrew £99 for a years subscription. Again the fine print and a box ticked somewhere "allowing" them to do this. Complained to one and all, got a refund and unticked the box. Daylight robbery comes in many forms. __________________ Chrome skull caps, EGR cleaned (original housing), Mondeo lower mounting, 12V outlets in the armrest and tourer boot, cat fixed, working FBH, Lidl plenum covers, DD with reverse camera.New speakesr/Tweeters with MDF rings. wood dash, Memory leather seats, wooden finished steering and handbrake, Xenon headlights.

6th October 2014, 14:42	#2
James.uk Passed Away 2002 Pale Blue. Rover 75 CDTi Connoisseur auto. 170K miles Join Date: Dec 2008 Location: Near the M67. Posts: 14,509 Thanks: 199 Thanked 585 Times in 397 Posts	Nice one Dave.. :thumbsup: ...