We get a lot of questions from people who believe that There has taken money out of their PayPal Account, perhaps more than once, perhaps early, etc.
While we sympathize with you, it’s important to know that There doesn’t take the money out of your PayPal Account.
Unlike that past, when There accepted a credit card, and charged you every month (well, charged you), PayPal subscriptions work differently:
- You tell PayPal “I want to subscribe to There.
- Once a month, Paypal takes the money out of your account and sends it to There.
There has no way of asking for your subscription. We just get the money from PayPal.
Here’s the same thing, in SamSyn’s words:
subscription (a PayPal recurring payment) and that gives PayPal permission to withdraw $10 each month, which they then give to us. That’s all we do, sit around and wait for PayPal to send us the money. We never talk to your Bank.
PayPal, on the other hand, has to GET the money from somewhere. That’s something THEY do, not us. As I understand it, they first look in your PayPal balance and, if that can’t cover it, then they look to the ‘reliable backup funding source’ you set up with your PayPal account. We have no contact with this ‘backup funding source’. As to when PayPal feels the need to transfer funds from your backup funding source to your PayPal account balance, we just don’t know.
I mean, it’s POSSIBLE that PayPal “thinks ahead” and says “Gee, we just covered this month’s payment, but now the PayPal balance is zero and maybe we should get a head start on getting some money in there to cover next month ahead of time” That is entirely a guess, you would have to talk to PayPal to find out what their strategy is.
…we just receive funds from PayPal that you have authorized them to send us, we never reach out and take anything
Again, we sympathize with you, especially if you think too much money has been taken out of your account, but I hope this shows that, unfortunately, it’s not something we can control.