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Are there any banks that offer subscription cancellation natively? I feel like it's a feature that could live at that level rather than deal with these pattern
by kylecazar 4y ago
Are there any banks that offer subscription cancellation natively?
I feel like it's a feature that could live at that level rather than deal with these patterns. Within the bank's app, a list of recurring payments or 'subscriptions' with a cancel button. Cancelling results in a failed payment authorization response to the merchant psp the next time they hit you for $, who can then treat it as a cancellation.
Or does it not exist because incentives.
- astura 4y agoPayPal. Well, sorta. You can revoke authorization for a subscription, you can't actually cancel. Some (most?) companies will auto cancel you if they can't bill you.
- dghlsakjg 4y agoThere are services like privacy.com like that have fine grained controls like this. One thing to remember though is that not paying is not the same as not owing. Most online services will do you the favor of cancelling if you don't pay, but there are definitely businesses that will keep your service going, and refer you to collections.