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They cannot take any money if you don't have a linked bank account.
mell says
They cannot take any money if you don't have a linked bank account.
I will leave in the linked bank account only because I closed that account more than a decade ago.
Just closed my account. They did not ask for a reason why. I think we know why they stopped asking for feedback.
Wait, how does one spread misinformation via paypal account?
PayPal’s Scheme To Sanction Users For ‘Misinformation’ Tied To Chinese Contractor
By Luke Rosiak
Oct 17, 2022
A PayPal worker based in China was the apparent author of a since-rescinded legal document that said the company could deduct thousands of dollars directly from people’s accounts if it deemed that they engaged in “misinformation.”
Metadata on the PDF file outlining PayPal’s Acceptable Use Policy, which outlines a scenario more fitting for the Communist foreign nation, says it was created using Microsoft Word by a contractor in China.
The contractor’s profile on an internal PayPal directory, a screenshot of which was reviewed by The Daily Wire, describes them as an “outsourced vendor” based in Beijing. It said the contractor has been with the company since September 2020, and has no profile photo.
PayPal did not respond to questions from The Daily Wire about the origins of the document.
The metadata for the “acceptableuse-full-110322.pdf” policy, which said it would go into effect on November 3, 2022 — days before the U.S. election — says it was created on September 21, leaving plenty of time for internal review before it was posted.
It said it was expanding its “existing list of prohibited activities” to include “the sending, posting, or publication of any messages, content, or materials” that “promote misinformation” or “present a risk to user safety or wellbeing.” Users are also barred from “the promotion of hate, violence, racial or other forms of intolerance that is discriminatory.” It said violations of the policy could result in the removal of $2,500 per offense “debited directly from your PayPal account.”
With “misinformation” and “wellbeing” left to be defined by PayPal, the policy appeared to raise the specter of the seizure of assets of those with political opinions different than the company’s. The company recently sanctioned groups including Gays Against Groomers, which opposes the sexualization of children. Former PayPal President David Marcus said the policy update “goes against everything I believe in.”
After news of the policy broke, outrage ensued and the company’s stock price plunged, reducing its market cap by $6 billion as users feared that entrusting PayPal with their money could lead to it being seized at any time for having opinions that differed from those of the Silicon Valley monolith.
The company claimed October 8 that publishing the policy was an accident, ironically claiming its own policy contained misinformation. “An [Accepted Use Policy] notice recently went out in error that included incorrect information,” a PayPal spokesperson said. “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.”
It did not explain how an entire document full of specific legal language could have been drafted and posted to its corporate website if people in the company did not believe in the policy. The website reverted to a policy that says it is effective as of September 19, 2022. Metadata on that file says it was created by the contractor on August 4.
After major backlash, PayPal reversed course and said they would not be fining people $2,500 for spreading ‘misinformation.’
A spokesperson said the policy went out in error and the company would not be fining people for misinformation.
“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.
They just lied to you. PayPal is not to be trusted.
ICYMI – PayPal has reinstated its $2,500 fine for “misinformation.”
— Disclose.tv (@disclosetv) October 27, 2022
Zelle is definitely an alternative for sending money to someone. Transactions are not reversible.
its owned by chase, chase is cancel culture
Dudes, I went to kill my Paypal account, and they made me call in, then they said they didn't have enough agents, and terminated the call.
Zelle is definitely an alternative for sending money to someone. Transactions are not reversible.
Zelle has blocked shitload of my money "for security reasons"
Hugh_Mongous says
Zelle has blocked shitload of my money "for security reasons"
Interesting.... these are the limits for Zelle at Wells Fargo: Transfers to established recipients from a Wells Fargo Bank Funding Account may be made up to a daily dollar limit of $3,500 and a 30-day rolling dollar limit of $20,000. Higher limits may apply in certain transactions or if you are using a Funding Account from Premier Checking, Wells Fargo Advisors, or The Private Bank.
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If you guys still use PP/Venmo... watch what you say boys and girls.