Paypal Updates its “Acceptable Use” Policy

Jaybird

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10 Responses

  1. Marchmaine says:

    “in PayPal’s sole discretion”

    I assume this is a term of art that lawyers can/will unpack for us. But makes me chuckle at the idea of Banks using sole discretion criteria to levy fines. Mr. Capone, in our sole discretion, we believe you are promoting illegal drug use, 1, 2, 3, 4, 5, infinity times (and that was just last weekend when I was at one of your clubs)… all your assets are belong to us – not, mind you, the state authorities who can’t seem to prosecute you, but to us.

    Personally, I’d volunteer to run the ‘self-harm’ division on a commission basis.Report

  2. InMD says:

    I rank enforceability as very low. It doesn’t come remotely close to meeting a liquidated damage standard. It’s a contract of adhesion in click-wrap form. What it probably constitutes is more of a head fake to scare people, and on that count it may well work to the extent anyone actually reads it, which most won’t, plus of course the cost and difficulty of taking action against a big company over small amounts of money. A lot depends on how much paypal enforces it.Report

  3. Michael Cain says:

    I refuse to use PayPal. I have declined to make contributions to causes that I would otherwise support simply because the sole payment method involves PayPal.Report

  4. Andy says:

    So a private version of civil asset forfeiture – I’m sure that will work out just fine.Report

  5. Chip Daniels says:

    It makes me think of Chesterton’s fence.

    Only a few years ago the prospect of technology enabling private bank-like entities to flourish in a free unregulated environment was thought to be a good thing.Report

  6. Jaybird says:

    Going through “Paypal” on Twitter gets you about 90% people complaining about this policy and 10% scams or ads for sex work.Report

  7. Jaybird says:

    Looks like they’re walking it back:

    Report

  8. Chuck Burns says:

    “notice recently went out in error”, “PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy”

    It seems PayPal is not in control of their organization. Obviously run by “WOKE” end justifies the mens zealots. Not anyone I care to do business with.

    After over tens years, I CLOSED my PayPal account today.Report

  9. Jaybird says:

    Report