(Updated) Paypal will charge you $2,500 for misinformation?

[TheButcher]

Have you seen the new AUP that will come into affect November 3rd 2022?

Violation of this
Acceptable Use Policy constitutes a violation of the PayPal User Agreement and may
subject you to damages, including liquidated damages of $2,500.00 U.S. dollars per
violation, which may be debited directly from your PayPal account(s) as outlined in the
User Agreement (see “Restricted Activities and Holds” section of the PayPal User
Agreement).

Here is the page with “Restricted Activities and Holds”

https://www.paypal.com/us/webapps/mpp/u ... activities

[BrasSmonkey]

if you are sucker to use a real name

[TheButcher]

if you are sucker to use a real name

How else do you plan on verifying your account?

[BrasSmonkey]

if you are sucker to use a real name

How else do you plan on verifying your account?

pm me

[viking]

One more reason not to use Paypal

[TheButcher]

Updating the original post, I just read this.

"PayPal has backtracked on a published policy that would have fined users $2,500 for spreading “misinformation,” claiming the update had gone out “in error.”

“An AUP notice recently went out in error that included incorrect information. PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy. Our teams are working to correct our policy pages. We’re sorry for the confusion this has caused,” a spokesperson told National Review in a written statement."

https://news.yahoo.com/paypal-policy-pe ... 46902.html


I guess they came to their senses.

[Emil]

They did right changing that dumb rule.

[Wm2man]

They did right changing that dumb rule.

Good thing they did it was not right of them to even do what they proposed

[jlinkz]

If they pull some thing like this they will lose a lot of users.

[GRXlinks]

When companies start talking about these things you know eventually it will happen.

[misterporn]

what's the bottom line on this today, is it in effect or not?

[BrasSmonkey]

what's the bottom line on this today, is it in effect or not?

duh

[xxxman]

what's the bottom line on this today, is it in effect or not?

duh

[calista]

I think they back tracked and said they will not enforce this rule.

[GlennfromLA]

I think they still have that $2,500 clause in their agreement. But it seems dumb if they ever enforce it.