Paypal recurring payments allow seller to automatically renew the subscription payment on the expiry date. In other words, if you bought the subscription using Paypal, your subscription will be automatically renewed and your debit/credit card will be charged at the time the billing cycle is triggered. This process continues until you cancel the service.

To stop recurring billing charges:

1) Login to your Paypal Account.

2) Put your mouse over the “History” and click “Basic Search” as shown below.

3) Set a filter: More filters > Subscriptions and Agreements > Subscriptions (see screenshot)

You’ll get a list of all your subscriptions and their status as shown below.

4) Click “Details” or the name of subscription you wish to cancel.

5) At the Subscription page, Click “Cancel Subscription” as shown below.

6) On the next page, you will be asked to confirm the cancellation. Click the “Cancel Subscription” button to complete the cancellation.

7) You are done!

Technorati Tags: Paypal, Recurring Payment, Automatic Payment

PayPal has announced yesterday that they are now offering withdraw funds into Visa card for Malaysian. With this new facility, Malaysian citizen will now be able to withdraw money out from their PayPal funds into their Visa credit, debit or prepaid card.

The image below show you step-by-step how to do it:

Please note, a fee of $5.00 is charged for every transaction made.

Paypal is now implementing another security measure. All Paypal account holders are required to add US bank account before they can receive payment from 3rd party. You will need to complete the following form before you can accept any payment. Here is a screenshot: