PayPal has had a long standing reputation of banning accounts for politically motivated reasons.
Most recently, the company came under intense scrutiny in the United Kingdom after they banned accounts created by the ‘Free Speech Union’, a pro-free speech group in the UK.
British MP’s went so far as to accuse PayPal of imposing an “orchestrated, politically motivated ban” against the group.
Now, PayPal is escalating its politically motivated Acceptable Use policies further by saying that it will fine people as much as $2,500 for violating them.
The company already had a similar policy in place in 2021, though they have now expanded the policy to cover the ” sending, posting, or publication of messages, content, or materials under its Acceptable Use Policy”, meaning that people can now be fined for activities outside of PayPal transactions, including their social media commentary and public statements.
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The Gateway Pundit Reports–
In its newly updated policy, PayPal will begin fining users $2,500 directly from their accounts if they are found to be spreading “misinformation.”
Six months after Joe Biden’s inauguration 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.
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.
“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.