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Paypal taking money out of my account as a direct debit standing order

izzy301
New Community Member

Paypal taking money out of my account as a direct debit standing order

Why has paypal got a direct debit standing order coming out this month? It was last paid on the 16th of september which was a refund (£47) to someone on ebay, as i was having issues with paypal and have never used it since. (the person got the refund) I cancelled the standing order as nothing should be coming out. Help?

1 REPLY 1
kernowlass
Esteemed Advisor

Re: Paypal taking money out of my account as a direct debit standing order

@izzy301 

 

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.