Ask a Question

PayPal: Pay by direct debit

+5 votes
119 views
in Tips & Tricks by (242k points)
reopened
PayPal: Pay by direct debit

1 Answer

+3 votes
by (1.6m points)
 
Best answer

How does payment by direct debit work?
1st step:
2nd step:
3rd step:
quick start Guide

If you would like to pay your PayPal payments via the stored bank account, you can debit your account by direct debit..

image image

Image: <span> Nopparat Khokthong / Shutterstock.com </span>

PayPal advertises that you can pay even faster and more securely online via SEPA direct debit with your PayPal account . With direct debit, your account is debited during the payment process and the payee receives his money based on your consent. You can read how to activate this procedure for your PayPal account in this tipps + tricks article.

How does payment by direct debit work?

In order to be able to use the direct debit procedure, you first have to confirm your bank account. In this guide we explain how the bank account can be verified. Once the account has been confirmed, you can also pay by direct debit. To activate this function on PayPal, follow our step-by-step instructions or take a look at the brief instructions .

1st step:

image
Go to PayPal's e-exchange via paypal.com/myaccount/wallet . If you are not yet logged in, log in with your email address and your password. Select the desired bank account from which the money should be debited via direct debit.

2nd step:

image
In order for the bank account to be used for payments with PayPal, you must agree to the direct debit mandate. To do this, click on " Complete setup ".

3rd step:

image
Check the details of the SEPA direct debit mandate, including the owner of the account and IBAN, etc., and then click on " Accept ". Payments with PayPal then work via direct debit.

quick start Guide

  1. Go to PayPal's e-exchange via paypal.com/myaccount/wallet .
  2. Here you navigate to the right side and select the account with which you want to pay via direct debit.
  3. For this, PayPal requires a SEPA direct debit mandate . Click on " device to complete ".
  4. Check your details and select " Accept ". You can now pay by direct debit from your bank account.

...