It seems that “voting with your feet” (this time electronically) still works. PayPal, which had announced new “legal agreements” earlier this month, is backing down.
That sounds like gaslighting to someone who works with corporate attorneys.
Every single word and punctuation mark is approved by legal and corporate before release. “Never intended to be inserted” isn’t a thing.
— Robert Rand (@robertwrand) October 8, 2022
The new agreement, which would have taken effect in early November, attempted to control free speech by its clients. It has since been removed from the PayPal website, but as reported by The Daily Wire:
A new policy update from PayPal will permit the firm to sanction users who advance purported “misinformation” or present risks to user “wellbeing” with fines of up to $2,500 per offense.
The financial services company, which has repeatedly deplatformed organizations and individual commentators for their political views, will expand its “existing list of prohibited activities” on November 3. Among the changes are prohibitions on “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.”
As the contents of the new legal agreement because widely known, droves of PayPal customers began to withdraw their funds and close their accounts. One example:
My opinion? Find another service provider. PayPal may have been the big dog in the market, but they aren’t the only one, and who knows what they will try next. I don’t know anything about this particular company, but here is one of the companies advertising their services:
PayPal showed us their true colors. They will steal your money if you disagree with them.
This is why I created @officialpsq and why we've become the largest network of patriotic businesses in America.
Find a freedom-loving payment processor on our app.https://t.co/Hw1XckQ0nh
— Michael Seifert (@realmichaelseif) October 8, 2022
I began shutting down my paypal account Thursday by pulling my balance, but couldn’t close it out because I had PayPal Credit. I closed that account down and went back to PayPal to finish the process only to be told that it would take SIX MONTHS of inactivity before they could close it.
This morning I tried again and it closed down with no further issues.
Since then, I’ve gotten more emails from them than I’ve gotten in a year, one of them asking me for a review which I gladly gave them. Heh. Heh heh heh.
I asked them to close down my account earlier this year, after one of their update emails offended me. At that time, it was simple.
Me too Stockman! Gmail is next on my list.
Protonmail is da bomb
PayPal was visited by Karma…and her bitchy sister, Hindsight.
In that order.
Perhaps this is why eBay, once perhaps their biggest single customer, abandoned them.
Of course, a “transaction clearinghouse” company has zero legal right to do anything like this … but, it speaks volumes that they would dare to try. The only money that is “actually theirs” is their fees: everything else is held in trust. But they pretend not to know this. Let them die.
Someone with better memory can correct me but my recollection was, in the beginning, PP was a stand alone company, for some years, then Whitman, et all, bought them and integrated them into eBay and, more recently, spun it off/sold it. I had cancelled them while they were firmly integrated into eBay but remember when they were not and the bulk of my business there was USPS money orders. When eBay/Paypal demonstrated too many onerous rules, buh bye to both. Business.
They were many merchant’s fairly painless introduction to “ACH,” but they got way too big for their britches. They’ve got far too much California in them now. And, this latest gaffe is gonna hit them very hard … deservedly so.
Ah yes ACH. Consider this: It costs the bank the same amount to transfer $1.56, as it does to transfer $10,560,000. Depending on their size, it’s about 1/2 cent in and out. That’s why debit cards are have no carrying cost, like credit cards. About 5-8 big banks own the ACH system, all the others are paying members. The mantra of the ACH system is to make it always less expensive to transfer money between banks.
I am an eBay seller and have been through the totality of payment options since I started way back when I would get payments as cash in envelopes sent through the mail, personal checks and postal money orders. The move to PayPal was a boon for sellers and when incorporated with eBay the payment process became painless and quite expensive for small items. eBay fees plus PayPal fees were often 15%-20% of the selling price.
eBay split off PayPal so they would not be seen as part of eBay so they could expand into more types of payments, but eBay still used PayPal as its primary payment processor. They then decided to start their own processing called eBay Managed Payments and encouraged people to move. PayPal resisted by not allowing access through its portal locking out many sellers that had a lot of PayPal using customers, including me. So I stuck with PayPal. When eBay finally incorporated PayPal into the system, then I went to the eBay system. Very few of my customers now use PayPal as eBay built an internal payment processing that is as user friendly as PayPal and cheaper for sellers. I have created bank accounts for eBay to use to transfer money for shipping, returns and other expenses and they send money to the account regularly from my sales. eBay incorporated state sales tax collection and payments into its system relieving sellers of having to file in any state. It is a good system.
I was one of the first using Paypal on Ebay too…back when almost nobody knew what it was. I was on Ebay selling in the 90s….then came Paypal.
I also run a small business using Paypal and have 14 unpaid invoices out to customers at this time.
But, earlier last week, I made arrangements to close the account. I will lose money probably, but I don’t care.
These sick bastards deserve to sink into the demonic hell they’ve created. They have no legal right to penalize one’s free speech.
Years ago, after reading a blog post, about the numerous ways PayPal was screwing people, I googled “Paypalsucks” I think it was.
It was chock full of people that had had Paypal take $ from their accounts, and their ONLY recourse was a not at all transparent “adjudication” process.
I stopped using it then, and that was probably 10-15 years ago, at least.
Point being, this “California attitude” is nothing new. They have ALWAYS been leftist authoritarian.
Although your point has total merit, I to disagree re. your last point in that, say -Wall$treet .. and all THEIR various and sultry clingons- ain’t no diff when it comes to screwing the plebs.. just another kind of reacharound giftgraft. If you don’t like that example, I have unlimited others.. to grossly paraphrase a Grouch.
That is to say that the Cal SillyCon ‘tude’ is of a piece.
“Never intended to be inserted” = We thought we could get away with it.
Apparently, PayPal wants to take your money when they get mad at you, but they don’t want you to take back your money when you get mad at them.
I guess it never occurs to these woke companies that payback is a beeyotch.
reality is not really considered in any of those woke safe places.
Seems to me the biggest part of this story is not being reported much. PayPal has hired the ADL (Anti Defamation League) to review every single account at PayPal for ‘wrong thought.’ The ADL will be given ALL YOUR PERSONAL INFORMATION so the ADL can research you for your political/social positions.
“https://www.revolver.news/2021/08/paypals-unholy-alliance-with-adl-opens-the-door-to-a-massive-security-breach/”
Remove the parenthesis at each end of the the url to read the article. Utterly terrifying.
I read that PayPal was also in cahoots with the discredited, hate group Southern Poverty Law Center.
It kinda’ reminds me of Deborah Birx, lockdown ice queen, pretending she was fixing language requested by President’s TRUMP’s attorneys, and instead of just moving it somewhere else.
“I was never intended to be inserted” there, so we will just move it elsewhere where you hopefully don’t see our sleight of hand. Make sure you look elsewhere for the new insertion.
It will be interesting to see how their stock price on Monday close… then end of the next quarter close … I guess the real tell is if they report number of members and there is a measurable drop from this event.
I closed my account yesterday as I believe there is enough other options out there.
And I also agree that it wasn’t a “mistake” on their part. Nothing like this goes out without review from all levels.
At closing on Friday, they were down $4.25 per share and showed a steady decline all day. It was only a little over 4%, but it was a decline. Like you, I’m waiting to see where it’s going to be Monday.
They need us more than we need them. Let them drown.
Let’s provide them handfuls of bricks to assist in the drowning.
“..When the power of love overcomes the love of power.. the world will know peace..” —Jimi Hendrix
“promote misinformation” or “present a risk to user safety or wellbeing.”
Apparently PP will be deplatforming any organization/individual supporting or encouraging child mutilation, right?
I hope no /s required
ANY company that piled in with the BLM, Covid, etc has lost my business. Walmart, Target, AirBNB, Etsy, Amazon and on and on. These companies will sanction us, PayPal was just the first. Oh – GoFundMe too. B of A. It’s a long list and if we shrug it off, it’s going to be hard to justify it to ourselves later. Get your money out. Do not feed the (literal) beast.
I’ve heard PublicSQ on the Warroom. Seems legit but I’ll vet them as best as I can.
I think PayPal showed their hand too soon, is all, kind of like what happened with the Canadian truckers when their funds were frozen.
They’re not supposed to reveal to the public the true nature of social credit scoring, until *after* a complete reset to digital ID/currency is achieved.
I just joined Public SQ today, to use local businesses who love our country.
Not many participate in my area though, not yet and I hope that changes.
We might have a parallel economy after all….
Last time I used them was to donate to this site; closed my PayPal and Venmo years ago. If you’re a conservative I’d encourage you to bail out of these platforms. In some cases/services there are no perfect alternatives, but PayPal should be near the top of not patronizing.
I’ve used Pay Pay to donate to charities such as St Jude’s, Feeding America and others, Intellectual Froglegs, Treehouse, a host of others but this morning I finally pulled the trigger and cancelled my account. Kind of a PITA to switch my payments to a card at all the different sites but we’ll worth the feeling of sending PP a middle finger. AMAZINGLY not an hour after I canceled I got an email from Pay Pal offering me one of their credit cards. I get these fairly regularly but you’d think they know I’m done with them.
I’d love to know how many accounts got closed.
You’ll know when they disappear from the internet. 😎
I don’t trust any of them anymore.
Without globalism, would we ‘need’ paypal?
You could alway use the USPS or Western Union to get money from point A to point B. You can use bank to bank transfers although that is more complicated, that is why Zelle has been developed. There are ways around but to pay for something remotely takes some capital/ risk and some inventiveness.
WU is pretty limited on overseas stuff due to “money laundering prevention”
Never doubt for one minute – They Hate You.
And, they think you are stupid and uniformed.
….and want to hurt you, or worse
When “they” talk about the need to ‘reduce the population’……. It is YOU they are talking about; not them and their ilk.
The corporations are going to push you from one side and the gov from the other. One way or the other. So long as the current systems remain in place the end result remains the same.
When the news started making the social media rounds, it was widely emphasized that they would begin a process of searching social media platforms for those whose speech they disapproved in order to make money by fining users.
It was also strongly suggested that there would be a historic review.
While I think the effort to do such a thing is phenomenal and not likely, these two suggestions certainly highlight the loss we feel of our unalienable rights.
It also shows how most of us do not have the resources to take them to court for such violations of our Constitutional enumerated rights.
My conclusion is that these corporations are depending upon the common man to not have such resources or they would fear such actions knowing that the enormous loss would be theirs.
A class action lawsuit will get their attention. PayPal has deep enough pockets to entice the tort bar.
I was in a class action lawsuit against PayPal in the past. It took 10-15 years and I got something like $11.50 as my part of the settlement. I don’t think they worry about those.
I’m having trouble canceling too. “Recurring payment links,: that I haven’t used in 5 years. Deleted those. Now it’s “Pending issues.” I have no pending issues. Life under managerial oligarchy.
Now they’re doing the “Oh we never intended to release the finished and polished policy we released” Uvalde Dance.
I’m still canceling my account. Fool me twice, shame on me. The mask is off. If I have to, I’ll close the bank account linked to my account and reopen another account at a different bank. Thank God I never gave those people my DOB and SSN. Slime all the way to the top.
I guess I just got myself a project for this evening while I’m busy not watching the NFL. 😏
I haven’t used my PayPal account in so long (10+years?) the login/password isn’t in any of the browsers I use and I haven’t a clue what it might be, but I did save their fascist email so there should be a lost password link in there somewhere.
This action of theirs turned out to be helpful, finally prodding me to do something I should have done years ago. 👍
Let’s defund PayPal. It’s no friend to us.
Managed to cancel it now. I am so mad. So stupid of businesses to do this unless they’re in with the Deep State. Guess Paypal hasn’t bought enough Senators yet to make them the sole source of online payments in the name of “national security of our children.” I think if you’re smart, you’ll cancel now. All they learned was that they’ll have to do this in the dark next time.
Pay Pal “An AUP notice recently went out in error that included incorrect information”, in part :
“A new policy update from PayPal will permit the firm to sanction users who advance purported “misinformation” or present risks to user “wellbeing” with fines of up to $2,500 per offense.”
Well, then by your own rules, you should pay the $2,500 offense of “misinformation” to all your customers!
If they were serious they would publicly fire several of those responsible Monday
Later would be just another insult and admission of butt hurt on the quarterlies
I was working on one of our older and easier crossword books that we bought to tide us over and one of the crossword clues was about PayPal:
“PayPal’s Owner”
Answer:
“EBAY”
I did not know that!
eBay sold PayPal in 2015. It is now owned by shareholders with the top shareholder being super lefty Pierre Omidyar. He’s also the top shareholder at eBay, another company that is corrupt AF.
Great. Anyone know if Walmart is paying a price in the south for funding abortions for employees? That one struck me as an an in-your-face repudiation of Dobbs, which I would expect many southern states to support.
Only in certain cases, “when there is a health risk to the mother, rape or incest, ectopic pregnancy, miscarriage or lack of fetal viability.”
Walmart, the nation’s largest employer, is expanding its abortion coverage for employees after staying largely mum on the issue for months following the Supreme Court ruling that scrapped a nationwide right to abortion.
In a memo sent to employees on Friday, the company said its health care plans will now cover abortion for employees “when there is a health risk to the mother, rape or incest, ectopic pregnancy, miscarriage or lack of fetal viability.”
https://www.cbsnews.com/news/walmart-expands-abortion-coverage-for employees/#:~:text=In%20a%20memo%20sent%20to,or%20lack%20of%20fetal%20viability.%22
Excellent. Thanks for the clarification, Wile.
When PayPal first instituted their no firearms policy in 2003 (read that again, 2003), they closed the accounts of firearms dealers with no warning, and in some cases the frozen funds of those closed accounts had a five digit balance.
You should NEVER leave a balance in PayPal, EVER. You should NEVER link your primary bank account with them. EVER. Open an account with a local credit union, and use that account exclusively to link with Paypal. Once PayPal funds arrive, transfer them out to that local credit union bank account.
I had a PP account in the early 2000s, when they were new, because it made moving money around back then a lot easier. However, when PP went rabid anti gun I closed my first account, and refused to have anything to do with them for years.
However, I decided to do a little bit of selling on eBay in 2008, so I had to open a new account because it was required to use eBay. I linked it with my secondary USAA account, and have used it off and on to sell various things since then, always sending any inbound funds off to USAA as soon as they came in.
I closed it again 3 days ago. EBay doesn’t use PP any more, and I kept it around as a handy way to handle payment when selling excess stuff on Gunbroker, but nope, I won’t let those fucks reach their tentacles into my bank accounts.
Found in our bin… 🙁
Closed my account just now. Also, used the option to delete my data. Never had them linked to a bank account. Used a different cc.
The calls for a parallel economy are growing louder & so it’s materializing.
I too have heard about public square one the WarRoom & there’s also Mammoth Nation.
Same here charles, closed mine in 2021
ICYMI – FYI – WTF – Trust No One – ¯\_(ツ)_/¯
Until you realize everything was/is a lie…
Only then can you begin to have a good defense and offense…
Do not believe what someone says believe what they do…
When someone shows you who they are, believe them…
.
PayPal WithHeld 1.2 Million for Months from Black(libertarian) entrepreneur Eric July (Young Rippa) Owner and Creator of Rippaverse Comics…
Needs an acrimonious lawsuit to help expose PP’s thievry
The irony is PP claims to have spent 500 million to promote and help minority business…
It’s important to understand that the evil demons running the gig at this time want everyone on a digital currency. This design will enable them to control what you are ‘allowed’ to buy.
Paypal is part of this arrangement. They did a test run this time and it failed.
All the rest of them will follow suit.
“Take Action For Freedom” has a one hour podcast about thee Fed’s. machinations to establish a one world Global Digital Currency that is relevant to this topic.. All credit, finance and daily exp[enditures run through a universal processing center.
Elon Musk and his rumblings to convert Twitter into a “do everything” service may provide a competitor to the overarching titanium ring in the nose Federal Digital Currency.
I tried to close my PayPal account today and was told to contact customer service.
Be ready to file public and official complaints
I was able to close mine today via the phone. The automated part is a PITA but after that was done and talking with a live person, it went OK.
ya it won’t let me close mine either, I haven’t used it except for small purchases several years ago. It’s telling me they can’t close it vecuae because I have PayPal credit, which I used sometime back because you didn’t have to pay for your purchase for a year without interest. It’s not an actual credit card. So I’m told to close my account I have to call them.. ya right and wait on the phone line for 45 minutes to speak to someone..F them.
I closed my account today. No problem.
I don’t know, when will people become tired of the threats? Making money is not worth being threatened.
What is wrong with a check or cash? My business was done by a check, received a check took them to the bank for deposit. What was wrong with this? The cash was for those that may not be good for a check.
I’ve never used PayPal or any other payment system. Why would I, for conveyance sack? Never liked the idea of monetary digits locked up in any electronic ‘box’ and still do not. All, we see now is the reason why. Time for people to find other ways to do business.
Account closed. They are no longer my “Pal”
Something too often left unsaid because we assume it’s obvious, those of us who recognize this PayPal edict for what it is have no intention of spreading “misinformation” or “hate speech.”
But when evil corporations like this get to define “hate speech” and “misinformation,” the definition will be “anything you say that we disagree with.”
I point this out because the typical retort from the media and leftists is, “well just don’t spread misinformation or hate and you won’t have anything to worry about.” And to the ignorant, logic-challenged fools who get their news from CNN or MSDNC that sounds like a great argument.
Giving the term ‘PayPal Mafia’ a new meaning.
Account duly closed. I no longer want to be involved with a company that promotes disinformation about disinformation!
I haven’t had money in or used my paypal account in years. Now seems like a good time to close it.
Sundance, is it possible to pin the information to donate via check? I cancelled my PayPal subscription, but I want to continue to donate.
PayPal collected a fortune in interest and by investing the money held in Paypal accounts. They need to be bankrupted.
Go woke, go broke!
I’m sure there are complications with closing a PayPal account. Regardless if you have an account look for alternatives, I don’t have PayPal so easy for me to say.
I just went to PayPal’s Acceptable Use Policy page and it looks like they only removed misinformation from the $2500 fineable activities —they left in language that says they will fine $2500 per incident for “forms of intolerance”
Very sneaky –the news goes out Paypal backtracked . .. but they actually kept in language that allows them to levy $2500 fines per violation of the following:
Directly from their Acceptable Use page as of 5:25 pm today:
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 (see “Restricted Activities and Holds” section of the PayPal User Agreement).
2 … Prohibited Activities …
.(f) the promotion of hate, violence, racial or other forms of intolerance that is discriminatory . . .
(j) ammunition, firearms, or certain firearm parts or accessories
https://www.paypal.com/us/legalhub/acceptableuse-full
intolerance..gee could that include being pro-life
Buh-Bye PayPal!! #TooLate
I was an early adopter of all of it: gmail, Amazon, PayPal and now I despise all of them. They have spied on people, sold their personal information, stole money from people, and now they’ve gone full woke/ESG. I hope this “little mistake” hits them hard. It’s Middle America that made all you Silicon Valley aholes rich. Reminder: You didn’t build that. We built it. I worked in Silicon Valley for over 20 years, back in the day, and I can’t tell you how wonderful I feel now that I’m away from that steaming cauldron of cow pats. My animals are much kinder and more sincere. I’m no longer a neurotic mess that comes from working 60-80 hours each week with a cell phone glued to my head.
Praise God and pass the ammunition.
I used to use PayPal and Venmo–deleted them. Don’t need them.
Good luck with deleting Venmo. I gave up on them after my wife died.
Wasn’t aware that she had an account. They kept sending e mails about Venmo.
Called them up, told them that the account was in the name of a person who was
deceased. They wanted :
I was still in the midst of redoing finances, cancelling my wife’s other online
accounts, having things transferred until the estate was settled. Everything else
was comparatively easy.
Venmo was a complete nightmare. I told the person at the other end of the phone
so in many words, none of them obscene. How utterly ashamed they should be of
themselves for making it almost impossible for someone that was going through
the grieving process of doing something utterly simple. They make completing a
FAFSA application look easy. And, until that point, that was always my gold standard
of unnecessary impossibility.
makes me happy i never got a paypal account.hope they die a quick painful death.
I closed my account.
When it comes to these ESG-driven companies, you have to keep it in the back of your mind that these people, unlike the rest of us, they are guilty until proven innocent. When they act and tell you who they are, just take it at face value. You have to be on them like a 10,000 pound gorilla. (that’s non-existent, but you get my point) Once they implement a new woke feature or do something that is big affront to your values, then you’ve gotta find your exit strategy, if it is possible.
Tomorrow is Ashli Babbet’s 37th birthday. From Ashli Babbet’s mother:
“To Commemorate Ashli’s Birthday we ask that you set FLOWERS on the Steps to your local Capitol Building and/or display a single candle in your Window,”
Paypal has P/E ratio OVER 50. Its stock price is over 50 times its earnings, headed into a recession. And apparently NO DIVIDEND.
It is a relatively ‘old/mature’ company by digital standards.
Even before any business losses from this trial balloon, why did anyone buy or keep this stock , even before?
any ideas? Are they in managed accounts run by ‘woke’ managers?
Maybe they have a business plan similar to Jack’s Coffee Shop.
IMHO, that PPal tried to walk back their ‘new policy’ says to me that there are more NON woke people ‘supporting’ their business than there are communist progs.
Says to me, we have the money and the power. Yes.
(Husband closed account today.)
I closed mine years ago – how fortuitous.