How To Delete A PayPal Account

How do I delete my PayPal account? In this article, we will be showing you steps and guidelines on how to successfully delete your PayPal account. In the meantime, PayPal is recognizably one of the greatest financial tools out there.

Its functionality greatly helps people to easily send money as well as pay for things online. Furthermore, it has come to serve a great purpose for people who own businesses as they receive payments from clients or customers.

How To Delete A PayPal Account

While PayPal is one of the greatest tools anyone can use for business, there are still reasons why some people choose to delete their accounts. So, how do you delete PayPal? If you no longer have use of your PayPal account, then the steps to follow in deleting it are fairly easy.

What Method Is Used To Delete My PayPal Account?

If you want to carry out the process of deleting your account, it is hassle-free, and you can do so easily and without much difficulty. However, you should know that you can only delete your PayPal account using a personal computer or laptop. You cannot carry out the process of deleting your PayPal account using your mobile phone.

Why Should I Delete My PayPal Account?

There could be many reasons why a user would like to delete their PayPal account. PayPal is a free tool for sending and receiving money and is really legit. However, for varying users, there are varying reasons why they might want to do so.

For one, they might want to switch to another finance platform they deem fit, or they might have had their PayPal account hacked. Furthermore, many might choose to cancel their account because it is inactive and they want to open a new PayPal account with a different email address.

Things To Know Before You Delete Your PayPal Account

For whatever reasons you may have as to why you want to cancel your PayPal account, there are important things that you must be aware of before you proceed.

One of the most important things to know before carrying out the operation is that deleting your PayPal account isn’t the same as deactivating it. Once you delete your PayPal account, it is completely closed and deleted forever. Here are more things to be aware of:

Accounts Must Be Deleted From the Web

As mentioned before, you will have to use your computer or laptop to delete your PayPal account. Also, you will access your account from the web and carry out the deleting process from there. You cannot delete your PayPal account from the app.

Ensure You Withdraw All Your Balance

It is very important that you withdraw all the balance in your PayPal account before you permanently close it down. Collecting the money could either mean you spend the remaining balance or transfer it to another PayPal or bank account.

Ensure that You Resolve Every Account Issue

If there are any account issues that are unresolved, then it is important that you resolve them all before you shut it down completely.

Such account issues could include unresolved problems that require customer service or outstanding balances that you need to clear out. If such issues are tied to your account, you will have no success deleting the account permanently.

How To Delete Your PayPal Personal Account

Here are the simple steps to follow if you want to cancel your personal PayPal account:

  • Select the device you wish to use in carrying out this operation. i.e., either a computer or laptop
  • Login to your PayPal account on your preferred device.
  • Navigate to the top right corner of the page and click the Gear icon. You will find this next to the log-out option.
  • You should be directed to the Settings menu.
  • Next, click the Account tab.
  • Proceed to click Close your account at the bottom of the page.

With that done, you should’ve successfully deleted your PayPal personal account.

How To Delete Your PayPal Business Account

If you have a business account on the PayPal platform and you want to delete it, here’s what to do:

  • Launch your preferred device (computer or laptop).
  • Login to your PayPal account.
  • Navigate to the top right of the screen.
  • You will see the Profile button next to the Log Out option.
  • Click on the profile button.
  • Tap on the Profile and Settings button.
  • Next, click on Account Settings.
  • Lastly, click on the Close Account button.

With all of that done, you will have successfully deleted your PayPal business account.

What Happens When I Delete My PayPal Account?

Once you have successfully deleted your PayPal account, nothing is irreversible. You are going to lose all your transaction history and PayPal balance. Another important tip to know is that you should screenshot transactions that are important and might be of great help to you in the future.