Personal Finance

Does PayPal count as pre-authorized payment?

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  • Feb 15th, 2018 5:09 pm
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[OP]
Sr. Member
Dec 2, 2013
629 posts
1077 upvotes

Does PayPal count as pre-authorized payment?

I have an offer from Scotia to open a checquing account to get $300 if I do two pre-authorized payments. I was wondering whether adding my bank account to PayPal and doing two balance top-up from my scotia account would count as pre-authorized debits?
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Deal Fanatic
User avatar
Jan 31, 2006
7743 posts
2146 upvotes
Toronto
elideli wrote: I have an offer from Scotia to open a checquing account to get $300 if I do two pre-authorized payments. I was wondering whether adding my bank account to PayPal and doing two balance top-up from my scotia account would count as pre-authorized debits?
No.

But 2 PAD is very easy phone bills and internet bills or credit card payments.

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