Economic News

PayPal Was About To Fine Users $2,500 For Spreading ‘Misinformation’ On The Platform

EDITOR’S NOTE: When a corporation can just fine you for expressing your views, you know that the future of your freedom is truly at stake. Case in point: PayPal was about to fine any user who went against the company's “woke” policies up to $2,500 before its implementation was met with intense public backlash. Imagine expressing a political opinion and the next thing you know, “poof,” $2,500 in your PayPal has been confiscated. For those of you who consider yourselves in the woke crowd, imagine a payment system snatching your digital cash away for expressing a liberal opinion on its platform. Corporations that act like “morality police” are not to be trusted. PayPal is not to be trusted. There is no place for corporate morality police in America.

After major backlash, PayPal reversed course and said they will not be fining people $2,500 for spreading ‘misinformation.’

In its newly updated policy, PayPal announced it will begin fining users $2,500 directly from their accounts if they are found to be spreading “misinformation.”

In 2020, PayPal changed its policy and users were compelled to agree to a $2,500 PayPal fine if they violated the PayPal acceptable use policy.

On September 26th, the financial service announced some changes to certain agreements.

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Starting November 3, 2022, PayPal is expanding the existing list of prohibited activities to include the sending, posting, or publication of messages, content, or materials under its Acceptable Use Policy.

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“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,” said PayPal.

Users will be subject to a financial penalty if they violate the revised policy in any way, including by spreading false information, engaging in discrimination against the LGBTQ community, posing a risk to user safety, and so on.

The company reversed course after major backlash.

“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 team is working to correct our policy pages. We’re sorry for the confusion this has caused,” PayPal said in an email to the Epoch Times.

PayPal is not to be trusted.

The Gateway Pundit and Jim Hoft were banned from PayPal on the last day of 2021 without warning.

Originally published on The Gateway Pundit.

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