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New PayPal rule: The company can take $2,500 from your account for sharing misinformation
Msn ^ | 10/10/2022 | Msn

Posted on 10/10/2022 4:55:18 AM PDT by mikelets456

What’s happening: PayPal is updating its acceptable use policy, with the update taking effect on November 3. You might say to yourself, well, I don’t use my account with the financial services company for anything improper or illegal, so what do I have to worry about? Here’s why that might not necessarily be true:

PayPal says it’s expanding its existing list of prohibited activities to include the “sending, posting, or publication of messages, content, or materials that meet certain criteria.” The full details are explained right here, but PayPal is basically set to start levying a fine when users are found to have shared “misinformation” or promoted content that’s deemed to be “discriminatory” or promoting “hate.”

(Excerpt) Read more at msn.com ...


TOPICS: Chit/Chat; Miscellaneous
KEYWORDS: 2500; esg; paypal
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1 posted on 10/10/2022 4:55:18 AM PDT by mikelets456
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To: mikelets456

YOU VILL THINK ZEE PROPER THOUGHTS!!!

PAPERS, PLEASE!!!


2 posted on 10/10/2022 4:57:02 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: mikelets456
I redesigned Paypal's logo, enjoy.
3 posted on 10/10/2022 4:57:29 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: SaveFerris

Shut my account down yesterday.


4 posted on 10/10/2022 4:57:41 AM PDT by hardspunned (former GOP globalist stooge)
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To: hardspunned

Good for you. I haven’t used one in years.

Guess I won’t be buying anything on eBay ever again.


5 posted on 10/10/2022 4:59:04 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: mikelets456

I dropped PayPal like a bad habit a few years ago and have not seen any reason at all why I should use their services. This just confirms my decision.


6 posted on 10/10/2022 5:00:04 AM PDT by Howie66 (Let's Go Brandon!!)
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To: mikelets456

A quick google search to avoid a reposting would show that they quickly reversed this — https://freerepublic.com/focus/f-bloggers/4099369/posts

And pretty obviously lied about it — https://freerepublic.com/focus/f-news/4099244/posts


7 posted on 10/10/2022 5:00:54 AM PDT by 9YearLurker
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To: All

I barely use paypal but I think I’ll be taking my credit card info of that site


8 posted on 10/10/2022 5:03:50 AM PDT by escapefromboston (Free Chauvin)
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To: mikelets456

https://www.nasdaq.com/market-activity/stocks/pypl/institutional-holdings

Check out the top three.


9 posted on 10/10/2022 5:06:00 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: mikelets456

I haven’t used Paypal in years - and this story confirms that I never will. Many other options available that are widely accepted, none of which penalize me for what I think of say.

This is one of the dumbest things I’ve ever observed a business doing.


10 posted on 10/10/2022 5:08:40 AM PDT by Made In The USA (Ellen Ate Dynamite Good Bye Ellen)
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To: mikelets456

Now people are having problems closing out their accounts


11 posted on 10/10/2022 5:12:36 AM PDT by roving ( Pronouns- libs/suk)
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To: mikelets456

Does PayPal actually have a comment forum? We use Zelle and Venmo and there is no comment section.


12 posted on 10/10/2022 5:14:09 AM PDT by albie
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To: mikelets456
This is actually welcome news for Conservatives:

Millions of honest Conservatives with PayPal accounts should now begin spamming the Internet with statements that very nearly (but not quite) count as "misinformation."

PayPal then has to expend millions to surveil and evaluate and adjudicate the millions of statements and, in many cases, levies the $2,500.

The Conservatives then take them to court.

Side question: What if one doesn't have $2,500 on one's account? What if one has only $3.98 on one's account? Would one then owe PayPal the rest?!

Regards,

13 posted on 10/10/2022 5:16:34 AM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: 9YearLurker

Well, they didn’t actually reverse it. The language is still included. But then they try to reassure users that they didn’t mean it. Not that the understanding of the meaning of that language is wrong, but that it was accidentally inserted. If they stated that people misinterpreted them, or that part A wasn’t meant to refer only to part C, D, and E, but not F, you could use their statement in a court to defend your money. But that they said they didn’t mean to, but left it in? That’s fuzzier.


14 posted on 10/10/2022 5:17:32 AM PDT by dangus
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To: mikelets456

PayPal will steal money out of your account if they don’t agree with your political stances. (They claim they have dropped this policy, but you can see where they want to go—control over your spending habits.)


15 posted on 10/10/2022 5:19:31 AM PDT by SharpRightTurn (“Giving money & power to government is like giving whiskey & car keys to teenage boys” P.J. O’Rourke)
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To: mikelets456

I would assume that FR will stop using PayPal?


16 posted on 10/10/2022 5:21:03 AM PDT by albie
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To: mikelets456
PayPal says it’s expanding its existing list of prohibited activities to include the “sending, posting, or publication of messages, content, or materials that meet certain criteria.”

Had to first ask the wife how PayPal actually functions (i.e., what its business model is).

Recommend that doctors, pharmacists, plumbers, cabbies, etc. likewise update their "Conditions and Terms of Business" to prohibit totalitarian behavior on the part of payment platforms.

Corporate executives: Beware!

Regards,

17 posted on 10/10/2022 5:22:42 AM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: SaveFerris
Guess I won’t be buying anything on eBay ever again.

Wife just explained to me that it is possible to make purchases on eBay without using PayPal.

Next on my agenda this morning: Asking the wife to explain to me what eBay is.

Regards,

18 posted on 10/10/2022 5:24:58 AM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: alexander_busek

Pay Pal announced that they will not be taking money for misinformation. This was after word got out about the policy they published.


19 posted on 10/10/2022 5:25:23 AM PDT by mware
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To: albie
Does PayPal actually have a comment forum? We use Zelle and Venmo and there is no comment section.

Are you being sarcastic / feigning ignorance? Wife tells me that PayPal is (supposedly) a purely financial payment platform - so I guess "distributing, disseminating, etc. 'hateful' misinformation" refers to ANY activity in the real world (e.g., giving an impassioned speech on Speaker's Corner of Hyde Park).

Regards,

20 posted on 10/10/2022 5:27:47 AM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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