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PayPal says it can pull $2,500 from users' accounts if they promote 'misinformation'

PayPal has announced a new policy going into effect in November allowing it to pull $2,500 per violation from accounts that promote “misinformation” or “present a risk to user safety or wellbeing.” Just last month we reported that PayPal had banned Gays Against Groomers for violating its user agreement. At the same time in the U.K., PayPal shut the account of the parents’ group UsForThem, which campaigned to keep schools open during the pandemic.

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It seems that rather than just ban you, PayPal will now let you have your account — they’ll just draw a $2,500 fine from it for every violation.

The Daily Wire reports:

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.”

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Could we interest Elon Musk in buying PayPal?

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