Well, well, well…and this? Not only have they removed your ability to close your account, but they are also trying to bribe people to stay. Here’s hoping PayPal doesn’t even exist for long, Sgt. rock
Gateway Pundit: Paypal’s policy of charging $2,500 for spreading “inaccurate or misleading information” has been reinstated as outlined in the Restricted Activities of the User Agreement.
On September 26, the financial service announced some changes to certain agreements.
Effective November 3, 2022, PayPal will expand the existing list of prohibited activities to include sending, posting, or posting messages, content, or materials under its Acceptable Use Policy.
“Violation of this Acceptable Use Policy constitutes a violation of the PayPal User Agreement and may subject you to damages, including liquidated damages of US$2,500.00 per infringement, which may be charged directly from your PayPal accounts as set forth in the User Agreement.” PayPal said.
Users will be subject to a financial penalty if they violate the revised policy in any way, including spreading false information, engaging in discrimination against the LGBTQ community, posing a risk to user safety, etc.
Paypal stated: “You may not use the PayPal Service for any activity that involves sending, posting, or posting messages, content, or materials that, in PayPal’s sole discretion, (a) are harmful, obscene, harassing or objectionable, (b) depict or appear to depict nudity, sexual activities or other intimate activities, (c) depict or promote the use of illegal drugs, (d) depict or promote violence, criminal activity, cruelty or self-harm (e ) represent, promote, or incite hatred or discrimination against protected groups or individuals or groups based on protected characteristics (for example, race, religion, gender or gender identity, sexual orientation, etc.) (f) present a risk to the user’s safety or well-being, (g) are fraudulent, promote misinformation or are illegal, (h) violate the privacy, intellectual property rights or other proprietary rights of any part, or (i) are not suitable for their p publication (You can download the ad here.)
After a major backlash, PayPal reversed course and said it would not fine people $2,500 for spreading “misinformation.”
A spokesman said the policy came out in error and the company would not fine people for misinformation.
“An AUP notice recently went out in error that included incorrect information. PayPal is not fining people for incorrect information and this language was never included in our policy. Our team is working to correct our policy pages. We regret the confusion this has caused,” PayPal said in an email.
They just lied to you. PayPal cannot be trusted.
News is spreading that PayPal has reinstated its policy of fining users $2,500 directly from their account if they “provide false, inaccurate or misleading information” according to their updated PayPal User Agreement.
“You are independently responsible for complying with all applicable laws in all of your actions related to your use of the PayPal Services, regardless of the purpose of the use. In addition, you must comply with the terms of this Use Policy acceptable Violation of this Acceptable Use Policy constitutes a violation of the PayPal User Agreement and may subject you to damages, including liquidated damages of US$2,500.00 per infringement, which may be charged directly from your PayPal accounts as set forth in the User Agreement (see the “Restricted Activities and Holds” section of the PayPal User Agreement).
Their Restricted Activities and Retention states: “In connection with your use of our websites, your PayPal account, PayPal services, or in the course of your interactions with PayPal, other PayPal customers, or third parties, you must not provide false, inaccurate or misleading information.”
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