PayPal direct debits

Hazzmcyds
Contributor
Contributor
Hello I have noticed a frequent direct debit coming out of my account for a while now but only shows on bank statement as 'PayPal payment' when in my account history no payments show on that date? How would I find out what this direct debit is going to? Many thanks
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kernowlass
Esteemed Advisor
Esteemed Advisor

@Hazzmcyds 

 

When you add a bank account to paypal it sets up the direct debit mandate so that paypal can take authorised payments for any purchases you make (or pay your Ebay fees).
No company eg water/electric can take funds from your bank account on a regular basis without that direct debit.
However the amount shown is always the ''last'' transaction / amount that you paid to a seller via paypal.

Sometimes it does not coincide with the date you made the payment as paypal CREDIT the seller in advance and then paypal wait for the funds to transfer from your bank account, they can 'leave' that account at anytime from a few hours up to a few days later. Also the 'amount' can sometimes not be recognised if you used it as a part-payment with the rest coming from funds already in your paypal balance.


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Kudos / Solution appreciated.

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kernowlass
Esteemed Advisor
Esteemed Advisor

@Hazzmcyds 

 

When you add a bank account to paypal it sets up the direct debit mandate so that paypal can take authorised payments for any purchases you make (or pay your Ebay fees).
No company eg water/electric can take funds from your bank account on a regular basis without that direct debit.
However the amount shown is always the ''last'' transaction / amount that you paid to a seller via paypal.

Sometimes it does not coincide with the date you made the payment as paypal CREDIT the seller in advance and then paypal wait for the funds to transfer from your bank account, they can 'leave' that account at anytime from a few hours up to a few days later. Also the 'amount' can sometimes not be recognised if you used it as a part-payment with the rest coming from funds already in your paypal balance.


Advice is voluntary.
Kudos / Solution appreciated.
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Hazzmcyds
Contributor
Contributor
Hi thank you for the reply. What I mean is I have no subscriptions or transactions that I am using for '21£' how would I view where this money is going to?
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Hazzmcyds
Contributor
Contributor
Many thanks I see what u mean now I had a dumb moment haha
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Skyblue11
New Community Member

I have just noticed this also - in the past week Paypal has taken two direct debits from my bank account -there is nothing to match these transactions in my paypal account. I was not advised by paypal or asked if money could be debited from my bank account. 

I have been on hold now for over a half an hour to paypal trying to get through and sort this out. If Paypal takes any more money I will go overdrawn in my bank account. Please help ;(

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