PayPal is now back with its $2,500 penalty for each time the company believes that its users post misinformation. The payment giant added terms and conditions that gave them permission to withdraw $2,500 from user accounts.
While PayPal has walked back its threat to fine users $2,500 for “misinformation,” the payments company is still reserving the right to fine users the same amount for other alleged transgressions.
Oct 10 (Reuters) - PayPal Holdings Inc (PYPL.O) said on Monday it will not fine users for misinformation and an earlier policy update that said customers could have to pay $2,500 in damages was sent in error.
parents’ group that fought to keep schools open during the pandemic has become the latest to have their account shut down by PayPal due to “the nature of its activities”.
