Billing Agreement Paypal Depop
Billing Agreement PayPal Depop: A Comprehensive Guide
If you`re an avid online shopper, you`ve probably come across PayPal as a mode of payment. It`s a popular online payment platform that allows you to make transactions securely and conveniently. However, have you heard of the billing agreement PayPal Depop?
Depop is an online marketplace that enables users to buy and sell second-hand items. With its growing popularity, PayPal has partnered with Depop to offer its users a seamless and secure payment experience. A billing agreement is one of the significant features that make this partnership possible.
What is a billing agreement?
A billing agreement is a contract between a seller and a buyer that authorizes the seller to charge the buyer`s PayPal account automatically for recurring payments. With this agreement, buyers don`t have to enter their payment details every time they make a purchase on Depop. Instead, Depop will automatically charge their PayPal account for the amount due.
How to set up a billing agreement
To set up a billing agreement on Depop, follow these easy steps:
Step 1: Log in to your PayPal account.
Step 2: Navigate to the settings gear icon and click on it.
Step 3: Scroll down to “Payments” and click on “Preapproved Payments.”
Step 4: Look for the Depop billing agreement and click on it.
Step 5: Enable the billing agreement by toggling the “Active” button.
Once you have enabled the billing agreement, you can make purchases on Depop without entering your PayPal details every time. Depop will automatically charge your PayPal account for the amount due.
How to cancel a billing agreement
If you want to cancel your billing agreement, follow these easy steps:
Step 1: Log in to your PayPal account.
Step 2: Navigate to the settings gear icon and click on it.
Step 3: Scroll down to “Payments” and click on “Preapproved Payments.”
Step 4: Look for the Depop billing agreement and click on it.
Step 5: Click on the “Cancel” button to terminate the agreement.
It`s essential to note that canceling a billing agreement may affect your Depop account`s functionality. You may need to enter your payment details every time you make a purchase on Depop.
Conclusion
In conclusion, the billing agreement PayPal Depop partnership offers a convenient and secure payment solution for online shopping enthusiasts. With a billing agreement in place, buyers can make purchases on Depop without entering their payment details every time. However, it`s essential to understand how to set up and cancel a billing agreement to avoid issues with your PayPal account.
