I received an email stating that PayPal is changing/has changed its Direct Deposit routing number. What does this mean?
I received an email stating that PayPal is changing/has changed its Direct Deposit routing number. What does this mean?
It simply means PayPal will have a new routing number for your Direct Deposits. Just think of this as PayPal updating its address.
What happens to the Direct Deposits I have set up with the existing routing number?
Any Direct Deposits you set up with the existing routing number will continue to work. You don’t need to do a thing as we automatically update it for you and notify your payer’s bank on your behalf. We’ll continue to monitor any Direct Deposits to make sure they’re made available to you in your PayPal Balance account. You’re all set.
How do I update the new PayPal Direct Deposit routing number with my employer or payer?
You don’t have to do anything. We automatically update it for you and notify your payer’s bank on your behalf. But if you want to give the new routing number to an existing employer or payer yourself, or provide it to a new employer or payer, you can find the new Direct Deposit routing number in your PayPal account. Your account number stays the same. Just make sure you use the new routing number when setting up future Direct Deposits.
I have never used PayPal Direct Deposit, why am I receiving an email stating that PayPal Direct Deposit has a new routing number?
You’re receiving this email because you may have enrolled in PayPal Direct Deposit or were provisioned with Direct Deposit account and routing numbers when you were approved for a PayPal Debit Mastercard® but have never provided the information to an employer or payer. We want to let you know about this change as we hope you may decide to try out PayPal Direct Deposit in the future.
What physical address do I input on my employer’s Direct Deposit request?
Please use the following PayPal address:
PayPal, Inc.
2211 North First Street
San Jose, CA 95131