A new update to PayPal’s usage Policies is coming and this time it’s more controversial than ever. This coming November 3, an expansion of the list of activities that are prohibited (and now also penalized) by the platform will come into effect .

And while many of the actions mentioned are patently inappropriate and illegal, there is one in particular that has generated a lot of controversy . Which? Well , “the sending or publication of messages, content or materials that meet certain criteria” .

Basically, the financial services company plans to fine users who it considers have incurred in the dissemination of discriminatory content or that incite hate . They will even take the right to debit up to 2,500 euros from their accounts. Next, we tell you all the details of this news.

PayPal can take money from you if you say something they don’t agree with

In its recent notice of update of use policies , PayPal gives itself the power to fine up to 2,500 euros to users who, according to them, commit illegal activities . This move was quickly criticized by former members of the financial services company. David Marcus, former president of PayPal, and Elon Musk, expressed their disagreement with this measure on Twitter:

agreed

— Elon Musk (@elonmusk) October 8, 2022

In addition to the questionable right that they want to grant themselves to freely dispose of their users’ money, they have also been accused of censorship due to this new policy . Experts say that by fining users for disagreeing with what they say, PayPal may engage in business discrimination and undermine freedom of expression . This is because the company will arbitrarily decide what content they may consider inappropriate or erroneous.

It was a mistake: PayPal recoils from criticism and eliminates the controversial clause

Fortunately, it only took PayPal 24 hours to acknowledge the error of its new usage policy update. A PayPal spokesperson has just stated that “a usage policy notice was recently sent out in error that included incorrect information.” It further notes that “PayPal is not fining people for misinformation and this language was never intended to be inserted into our politic”.

BREAKING: PAYPAL SPOKESPERSON: “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… We’re sorry for the confusion this has caused”

— Benny Johnson (@bennyjohnson) October 8, 2022

And you… What do you think of this news?

The post PayPal updates its policies and can take up to € 2,500 if you say something bad first appeared on CuteRank.