[HN Gopher] PayPal restores to its TOS $2,500 charge for any pos...
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PayPal restores to its TOS $2,500 charge for any post they don't
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Author : mhb
Score : 49 points
Date : 2022-10-26 20:25 UTC (2 hours ago)
(HTM) web link (twitter.com)
(TXT) w3m dump (twitter.com)
| mhb wrote:
| This does not seem to be accurate. I couldn't find anything in
| their TOS other than reasonable sounding restrictions on what can
| be sold. Sorry.
|
| https://www.paypal.com/us/webapps/mpp/ua/useragreement-full
|
| https://www.paypal.com/us/legalhub/acceptableuse-full
| torstenvl wrote:
| Admittedly I haven't done a close read, but on first skimming I
| didn't see anything that limits this to commercial transactions
| between arms-length buyers and sellers. Where are you getting
| that from?
|
| To my view, there's a world of difference between "You can't
| use PayPal as a payment processor for gun sales" and "You can't
| use PayPal to pay pals back for covering your range fees last
| Saturday."
|
| Yet the AUP seems broad enough to cover both: "You may not use
| the PayPal service for activities that... relate to
| transactions involving... ammunition, firearms, or certain
| firearm parts or accessories...."
| https://www.paypal.com/us/legalhub/acceptableuse-full
| roxgib wrote:
| Right now there's a private equity firm somewhere scheming to buy
| out PayPal and confiscate everyone's money
| user3939382 wrote:
| Remember the guy who collected tens of thousands of dollars for
| Katrina victims and PayPal just closed their account and stole
| all the money?
|
| This POS company is a blight on humanity. Neither their
| executives nor the government officials that should be regulating
| them care, since they're all laughing all the way to the bank.
| mangosteenjuice wrote:
| hobbitstan wrote:
| I cancelled my PayPal account after it was first announced a few
| weeks ago. This just makes me even more sure it wasn't a
| 'mistake' on their part.
| ccvannorman wrote:
| Is there any source for this other than Twitter? Is PayPal's TOS
| public? I was unable to find a reliable source for this in my
| Google search just now, the best I can find is
| https://mindmatters.ai/2022/10/paypal-can-still-fine-its-use...
| mikestew wrote:
| One could try typing "PayPal terms of service" into a search
| engine. If your experience mirrors mine, it will be the first
| link. Here, I'll save you some scrolling:
|
| https://www.paypal.com/us/webapps/mpp/ua/useragreement-full#...
| ccvannorman wrote:
| The tweet links to https://gritdaily.com/pr-crisis-paypal/
|
| Paypal's TOS mention $2,500 fine for "Acceptable use"
| violations but that has to do with sending money. NOT what you
| post online.
|
| https://www.paypal.com/us/webapps/mpp/ua/useragreement-full
| https://www.paypal.com/us/legalhub/acceptableuse-full
| nicce wrote:
| > including, but not limited to, internal administrative
| costs incurred by PayPal to monitor and track violations,
| damage to PayPal's brand and reputation, and penalties
| imposed upon PayPal by its business partners resulting from a
| user's violation - considering all currently existing
| circumstances, including the relationship of the sum to the
| range of harm to PayPal that reasonably could be anticipated
| because, due to the nature of the violations of the
| Acceptable Use Policy, actual damages would be impractical or
| extremely difficult to calculate. PayPal may deduct such
| damages directly from any existing balance in any PayPal
| account you control.
|
| This is such a board statement than they an decide whatever
| they want and pull that fine.
|
| And if we look for the Acceptable Use Policy, there is a
| line:
|
| > (f) the promotion of hate, violence, racial or other forms
| of intolerance that is discriminatory or the financial
| exploitation of a crime
|
| https://www.paypal.com/us/legalhub/acceptableuse-full
| indigodaddy wrote:
| This is relevant mainly to sellers, would that be correct?
|
| Also, is this a "fee" that becomes due on some sort of bill that
| you can choose to ignore, or can/will they actually pull money
| from a linked account?
| torstenvl wrote:
| They won't pull it from a linked account, just your PayPal
| balance... for now.
|
| "You acknowledge and agree that $2,500.00 U.S. dollars per
| violation of the Acceptable Use Policy is presently a
| reasonable minimum estimate of PayPal's actual damages....
| PayPal may deduct such damages directly from any existing
| balance in any PayPal account you control."
|
| https://www.paypal.com/us/webapps/mpp/ua/useragreement-full#...
| CodeSgt wrote:
| Hmm. And what do they do if you don't maintain a $2500
| balance in any linked accounts? Do they send it to
| collections? Garnish any received money recieved to the
| account until the amount is paid in full? Both?
| Bellend wrote:
| I used to use paypal for everything but it occurred to me that I
| haven't used it since 2018. What niche does it support that
| direct payments don't? When I think of paypal, I think of delays.
| Andys wrote:
| I like using it for subscriptions, because it lists them all in
| one place and gives me a hassle-free way to cancel each of
| them.
| OmahaBoy69 wrote:
| >What niche does it support that direct payments don't?
|
| For buying stuff online it removes the need to fiddle around
| with CCs (+ trusting individual websites with CC info) and lets
| you checkout quickly. It's also great if you get scammed out of
| your money somehow... Their chargeback system is stupidly easy
| and is infamous for always siding with the buyer.
|
| It sucks when you're on the other side of the transaction,
| though. Used to run a Minecraft server as a teenager, and they
| gave me a huge amount of grief between indisputable chargebacks
| and locking my account once for KYC purposes.
| Nextgrid wrote:
| When it comes to banking there are a lot of modern "shortcuts"
| that make it safe and painless pretty much everywhere in the
| world.
|
| The problem is that there's also a lot of inertia. For every
| "shortcut" user, there are hundreds if not thousands of users
| who don't know about and use sub-par systems (such as PayPal)
| instead.
|
| Shitty companies like PayPal (or various banks which still
| charge insane fees for wire/ACH transfers) rely on that.
|
| ---
|
| For me, PayPal is only a route _in_ , as a fallback for those
| who really can't use anything else. If you decide to use it to
| pay me (despite my warnings and alternative suggestions), I
| make it very clear that _you_ are on the hook for any issues
| arising from it - PayPal money is only considered paid when it
| hits my _real_ bank account - if they seize the money
| beforehand, it 's as if you haven't paid me and it will be up
| to _you_ to help me resolve the situation. That 's how people
| _should_ be using this scum.
|
| Similarly, if I pay a supplier via PayPal and they refuse to
| deliver the goods, _the supplier_ is getting their ass sued for
| goods /services non-rendered. The fact they use a crooked
| payment processor (despite my advice) isn't my fault at the end
| of the day.
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(page generated 2022-10-26 23:01 UTC)