PayPal just waited out the outrage and quietly brought the policy back.
Eagle-eyed Twitter users noticed that PayPal brought back a repugnant $2500 fine for “misinformation” that they said was an “error.”
— Wall Street Silver (@WallStreetSilv) October 27, 2022
ICYMI – PayPal has reinstated its $2,500 fine for "misinformation."
— Disclose.tv (@disclosetv) October 27, 2022
Outrage over the “disinformation” fine caused a mass exodus of users and the stock to drop just a couple of weeks ago.
- TECH TYRANNY: Paypal Walks Back Plan To FINE People $2500 For ‘Disinformation’
- OOPS: Paypal’s Shortlived Plan To ‘Fine’ Users For Wrongthink Could Trigger A Federal Investigation
PayPal said that the policy to fine people $2500 per violation was an “error” after intense backlash.
“PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy. We’re sorry for the confusion this has caused,” said a spokesperson for PayPal
Many right-wingers, however were skeptical — if they didn’t intend to implement it, why draft it?
It looks like that skepticism was warranted.
Here is PayPal’s User Agreement clearly stating that if users don’t abide by the “Acceptable Use Policy” they will be fined $2500 per violation.
And what is considered “prohibited” in the Acceptable Use policy?
Point 2 includes transactions involving “the promotion of hate, violence, racial or other forms of intolerance that is discriminatory or the financial exploitation of a crime.”
These sorts of policies have been weaponized against right-wingers for simply espousing mainstream conservative views.
Tim Pool covers the PayPal policy here and how the rules on “misinformation” and “intolerance” are subjective and impossible to define.
But that’s not all.
PayPal users would probably be surprised to learn that the payment processing app can hold all of the money in their accounts for up to six months or longer if PayPal believes they might be held liable.
It’s right there in the User Agreement.
Naturally, the outrage ramped up on Twitter again.
So PayPal KNOWINGLY LIED about its BS $2500 fine, letting the blowback die down before adding it to their TOS?!
You're Stock ALREADY TANKED.
Now that you were caught LYING, this'll convince EVEN MORE PEOPLE TO LEAVE. pic.twitter.com/pfqo67d4W8
— ThatUmbrellaGuy (@ThatUmbrella) October 27, 2022
Close your PayPal account. They will steal your money for telling the truth on social media. https://t.co/knzg0lywSF
— Paul Joseph Watson (@PrisonPlanet) October 27, 2022
In case you missed it, PayPal has reimplemented its $2,500 fine for misinformation. They never removed the fine for transphobia/racism/bigotry either.
— Ian Miles Cheong (@stillgray) October 27, 2022
— Tim Pool (@Timcast) October 27, 2022
Is PayPal going to fine itself for spreading misinformation?https://t.co/nzwQPsFHAF
— Kyle Becker (@kylenabecker) October 27, 2022
But wait! There’s more…
Natalie Winters tweeted that PayPal’s Public Policy Director, Usman Ahmed, is one of the World Economic Forum’s (WEF) 2022 class of Young Global Leaders.
PayPal's Public Policy Director Is A Current World Economic Forum Young Global Leader.https://t.co/Tv1J1FPIco
— Natalie Winters (@nataliegwinters) October 27, 2022
The article notes that PayPal has close ties to the WEF.
PayPal’s Head of Global Environmental, Social, and Governance (ESG) Strategy is also a member of the WEF’s Global Future Council on Social Cohesion and Just Transition.
In addition to being a WEF Young Global Leader, PayPal’s Ahmed has authored articles for the WEF website, including “To address inequalities we need a new vision for trade.”
“Businesses also have an important role to play in enabling inclusive trade. Many have stepped up to publicly support movements for minority rights and inclusion,” he writes before proposing a “public-private partnership for economic inclusion.”
Source: War Room
Winters also noted that PayPal’s President and Chief Executive Officer, Dan Schulman, has authored articles for the WEF. One, in particular, seems rather ironic: “The thing that separates good companies from great ones: Trust.”
After the misdirection and overt “disinformation” about the policy, it doesn’t really look like PayPal is one of those companies that cares much about trust.
Some of these high-on-their-own-power Libs hate you and everything you stand for and will look for ways to make your life hell while you make them rich.
Don’t do it.
It’s time to move away from PayPal and find a conservative alternative.
One alternative is Dan Bongino’s payment processing platform, AlignPay. It promises to be “cancel culture free.”
This is why the parallel economy is absolutely necessary.
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