WebOct 12, 2024 · Payment company PayPal was criticized recently by people on social media after a version of the company’s Acceptable Use Policy (AUP) was posted to its website … WebOct 8, 2024 · A new PayPal user agreement that threatens to fine users up to $2,500 if they use the service to "promote misinformation," was sent out "in error," a PayPal …
Can PayPal Really Fine You $2500 for “Misinformation”?
WebOct 8, 2024 · Any misinformation would be penalized with a $2,500 fine. Basically, if a client is found guilty of four acts of misinformation, they could be fined $10,000. PayPal would withdraw this amount ... WebOct 10, 2024 · The policy notes that what counts as misinformation is at PayPal's "sole discretion." Violate the policy, and PayPal can deduct $2,500 from the offending user's account. That's $2,500 per ... small day of the dead altar
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WebOct 27, 2024 · Seriously though, it is not PayPal's or any other business place to fine people spreading misinformation, that's the role of the legal system. Their site, their rules. Don't like it, don't use it. This is no different than a store not allowing people to post a flyer in the window. Their property, their rules. WebOct 28, 2024 · Users who engage in restricted activities can not only face $2,500 charges for every morsel of misinformation but risk losing access to their PayPal account entirely. Following the public backlash to the $2,500 fine earlier this month, PayPal insisted the policy had been sent out “in error” and included “incorrect information.” WebOct 10, 2024 · Mon 10 Oct 2024 // 23:33 UTC. PayPal has backed away from fining its own customers up to $2,500 for promoting whatever it determines is "misinformation." The punishment showed up in its updated acceptable use policy, captured by the Internet Archive's Wayback Machine on September 27, which was due to take effect on … sonata bridal watches