PayPal Backtracks New Policy That Would Have Fined Users $2500 for ‘Misinformation’ – Claims the Update Was Sent ‘In Error’

by J Pelkey
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PayPal has reversed a previously published policy that would have punished users $2,500 for disseminating what they deem to be “misinformation,” stating that the amendment was distributed “in error.”

“An AUP notice was recently distributed in error that contained inaccurate information.” PayPal does not fine anyone for providing incorrect information, and this statement was never meant to be included in our policy. Our teams are working hard to update our policy pages. “We apologize for any confusion this has caused,” a spokeswoman said in a written response to National Review.

The course reversal comes after the policy changes drew media scrutiny as well as massive backlash on Twitter. Former PayPal CEO David Marcus even chastised the firm for implying that it could confiscate consumers’ funds if it found their opinions disagreeable.

“It’s difficult for me to openly criticize a corporation that I used to adore and to which I gave so much.” “However, @PayPal’s new AUP contradicts everything I believe in,” the cryptocurrency entrepreneur stated on Saturday. “A private corporation can now choose whether or not to take your money if you say something they disagree with.” Insanity.”

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In a comment that received hundreds of likes, tech mogul Elon Musk answered, “Agreed.”

The new terms were set to be introduced to the PayPal User Agreement’s restricted activity section on November 3, according to the Daily Wire. Prohibitions on “the transmission, uploading, or publication of any communications, content, or materials that propagate misinformation” were among the changes. While the previous policy already prohibited “hate,” “intolerance,” and discrimination, the new policy would have applied specifically to “protected groups” and “individuals or groups based on protected characteristics.” These identities included a race, religion, gender or gender identity, and sexual orientation.

These terms are not included in the firm’s current rules. It’s unclear whether PayPal will remove these particular limitations on “discriminatory” language as well, or if it would merely remove the “misinformation” phrase.

Breaking the rule against misinformation and hate speech “may subject you to damages, including liquidated damages of $2,500.00 USD per violation, which may be deducted immediately from your PayPal account,” the business had previously warned. Account holders accept and attest in a user agreement that the penalty is “currently a reasonable minimum estimate of PayPal’s actual damages” due to the expense incurred by accounting for the infractions as well as damage to the firm’s reputation.

Peter Thiel, the founder of PayPal, has invested in a number of GOP rising stars and “conservative” business initiatives. eBay bought the company in 2002 and has run it ever since. PayPal has been known in recent years to ban or deplatform organizations or people for specific political criticism, notably conservative commentary.

Breaking Digest previously reported that the company had deplatformed Gays Against Groomers, a group of LGBT+ identified persons who oppose the sexualization, indoctrination and medicalization of minors. The organization was denied access to PayPal and its affiliate, Venmo.

Colin Wright, an evolutionary biologist, and writer Ian Miles Cheong, who consistently highlights the perils of transgenderism for youngsters, have also been deplatformed.

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