How to Delete PayPal Account/Close Your PayPal Business Account
How to Delete PayPal Account/Close Your PayPal Business Account -This article will explain how to close down your PayPal account whether it’s for personal use or business purposes.
What to Know About PayPal Account Deletion
- You can only delete a PayPal account using a laptop or computer, not a mobile phone.
- Before deleting, all remaining money should be withdrawn, and any outstanding issues resolved.
- Deleting a business PayPal account is the same process as deleting a personal PayPal account.
What is PayPal?
PayPal is a free online platform for sending and receiving money. While it’s a good idea to keep your account open if you expect to use it in the future, you may want to delete it for various reasons.
If you’ve switched to another platform like Stripe or Venmo, if your account has been hacked, if your account is for a business that’s no longer active, or if you’re simply planning to open a new account under a different email address, it may be time to delete PayPal.
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Whatever your reason, the process for deleting a personal account is the same process as deleting a business account.
Quick Steps Involved When Deleting an Account
1: On your Personal Computer visit paypal.com and Login your Account.
A PayPal account can only be closed using a computer. It cannot be closed from a mobile phone.
2: Tap on the gear icon at the top right corner of your screen to open settings menu.
3: In the Account tab, Click close your account. it’s located down left hand side.
Note that If you still have money in your PayPal account, you’ll be prompted to use or transfer it before permanently closing your account.
4: Enter your bank details when requested.
5: Click on Close Account.
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