Help Center > Payments / Making a payment Can I cancel a PayPal payment? I've signed up and paid for a preapproved payment agreement, such as a Why was my payment declined? · Payment overview and · Paying by phone. PayPal is the faster, safer way to send money, make an online payment, receive money or set up a merchant account. PayPal allows you to make payments using a variety of methods including: PayPal balance, bank account, PayPal branded debit and credit cards, PayPal Credit.