SpletFor each act of misinformation, not just $2500 once. Holy shit, that's insane. What’s funny is that PayPal was founded by the “champions of free speech”, Elon Musk, Peter Thiel, David Sacks etc. who are the mafia of big tech. They are they are among the richest and powerful people in the world 🤷♂️. SpletBasically, for anyone using Paypal for what Paypal defines as "primarily" a business use, if you violate Paypal's Acceptable Use Policy by engaging in "any restricted activities" they will charge you 2500USD PER VIOLATION (presumably that means per transaction). It claims this is a " a reasonable minimum estimate of PayPal's actual damages "!
PayPal says policy to fine customers for
Splet27. okt. 2024 · The note about misinformation was removed from the acceptable use terms, but the $2,500 penalty for violations remains, causing continued concern. PayPal’s website still lists “provide false,... Splet09. okt. 2024 · PayPal issued then retracted a policy to fine users $2,500 for “misinformation” after a flurry of criticism erupted on social media, including from Elon … sans serif gothic font
PayPal Reinstates $2,500 Fine for Users Spreading
Splet10. okt. 2024 · 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 … Splet08. okt. 2024 · This fee is over a year old. The new line that was added is just about misinformation, but the $2,500 fee is applied whenever you violate any acceptable User … Splet01. nov. 2024 · No, PayPal did not reinstate a $2,500 fine for spreading misinformation. A portion of PayPal's user agreement that prohibits misleading information and reserves the right to assess damages for violations has been there since 2015. In early October, PayPal was criticized on social media after a document that was posted on the payment … short nail