What Is the PayPal Billing Agreement?
The PayPal Billing Agreement is a Pre-authorized automatic payment method via PayPal Express Checkout. With the PayPal Billing Agreement in place, it is no longer necessary for you to enter payment information for each purchase.
To simplify the checkout process, you can choose the PayPal Pre-authorized Checkout as the payment method. PayPal payment system verifies the Billing Agreement by its unique number and charge the amount of the order to you.
The PayPal Billing Agreement is different from subscription. With subscription, a fixed amount is charged for a specified period, but with Billing Agreements, the pre-authorized charge and the amount & time period depends on your effective transactions on Lovelywholesale.com.
Please note that effective transactions only refer to Pre-authorized transactions from LovelyWholesale. If you disagree/ cancel the PayPal Billing Agreement, did NOT choose the PayPal Pre-authorized Checkout as a payment method, or the transaction occurs on other non-Lovelywholesale sites, automatic charges will not occur. The terms of the authorization and the charge details will be available in your PayPal account.
You can manage your PayPal Billing Agreement from the dashboard of your PayPal customer account, where the status of each is shown as Active or Canceled. You can also log in to the User Center of LovelyWholesale.com to find and confirm the authorization details through "My Pre-authorized" menu.
You can always set up a preferred payment method or cancel the Billing Agreements at any time in your PayPal settings. We'll turn it off for you if you stop using it for a while. When a billing agreement is canceled, the automatic charge will no longer be executed for any new order.
PayPal Billing Agreement Workflow
1. Log in & Signs up for a PayPal Billing Agreement at checkout
During a purchase or before a payment is initiated, you must log in and choose the PayPal Pre-authorized Checkout as your payment method.
Then log into PayPal once to mark a checkbox to create the PayPal Billing Agreement which can capture future payments automatically.
Although the billing agreement may not be used for the current order, it becomes available as a payment method option in the next order.
2. PayPal verifies and records agreement
When you place the order with payment by PayPal Billing Agreement, the PayPal Billing Agreement reference ID & order payment details are transferred to PayPal and recorded in your PayPal account, along with reference information.
If the payment is authorized, an order is created and paid in LovelyWholesale.com.
You can also check your order and payment details in "My Order/ Order List" menu of User Center.
3. Enjoy it, Right now!
You’re always ready for PayPal Pre-authorized Checkout at Lovelywholesale.com and do not need typing in your PayPal account password and payment info.