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GitHub Sponsors will stop supporting PayPal

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Re: GitHub Sponsors will stop supporting PayPal

#41

Post by vetinari »

droopyEyelids wrote: post #23
redox99 wrote: post #10

Earlier quoted context omitted.

Blows my mind that that's legal. If they lock your account they should be obliged to still show a form to withdraw to a bank account you own.

It wouldn't blow your mind if you did a bit of research. Payment processors will ALL (including stripe, authorize, adyen, etc) lock your account (with your money still in it!) if: 1) You're taking money for a product that will be delivered in the distant future (like tickets for an event, or preorders) 2) Your account has a sudden change in ticket size or quantity 3) You're violating their TOS. On HN that might look…

I wonder why they are even allowed to do 1). There are entire industries (like airlines, for example) which rely on negative working capital to operate at all.

Re: GitHub Sponsors will stop supporting PayPal

#42

Post by kasey_junk »

im3w1l wrote: post #30
madeofpalk wrote: post #13

Earlier quoted context omitted.

My understanding (when I briefly looked into this about 5 years ago) is that Paypal doesn't support sending money for donations unless it's actual charitable donations - accepting 'donations' for an npm package is against paypal terms of service. My guess is that Paypal finally got around telling github to stop accepting this.

What is an actual charitable donation?

Typically it requires being given to an IRS (in the US) recognized charity in exchange for no goods or services.

Re: GitHub Sponsors will stop supporting PayPal

#44

Post by iLoveOncall »

malikNF wrote: post #39
cmeacham98 wrote: post #26

Earlier quoted context omitted.

No it doesn't. There are numerous tales of exchanges closing up and keeping/losing their client's money.

Is it bitcoin's fault when people trust others to manage their own btc? "Not your keys not your bitcoin" is a manthra that gets repeated by the BTC community every single day. If you can't manage your own coins then btc is not for you, use fiat, trust the bankers[1][2] to hold your money. [1] https://finance.yahoo.com/news/bank-america-customers-report... (January 18, 2023)

It is the US dollar's fault when people trust Paypal to manage their own US dollar?

See how a ridiculous argument it is?

Re: GitHub Sponsors will stop supporting PayPal

#46

Post by pastor_bob »

sen wrote: post #5

I wonder if PayPal did the old “Your account is locked and we’re keeping your money” thing to GitHub too, as they have too so many others.

Why would it matter to Microsoft? Paypal is an 'opt in' choice for people wanting to receive money, so if you didn't want to use paypal you didn't need to:

>Several of you have reached out asking why we don’t support certain platforms (including PayPal and Venmo) natively in FUNDING.yml, the file for configuring a “Sponsor” button on a repo. Great question!

>We decided to leave PayPal, Venmo, and others out of the set of supported platforms because there is a less explicit social contract for where the money is going compared to platforms like Patreon, Open Collective, Tidelift, and Community Bridge, to name a few of the platforms we do support. Those are community, creator, open source, or developer-focused—and they make it clear that you are supporting the work of the person or team developing code in that repository.

>We support custom fields so we can monitor funding methods we might not have known about, and iterate accordingly. Good news is you can put PayPal—or any other link—in the custom field, too.

Re: GitHub Sponsors will stop supporting PayPal

#47

Post by jkaplowitz »

miohtama wrote: post #15
redox99 wrote: post #10

Earlier quoted context omitted.

Blows my mind that that's legal. If they lock your account they should be obliged to still show a form to withdraw to a bank account you own.

Most financial regulation enables payment providers to have unlimited period of account freeze even for the suspect of money laundering. Payment providers are legally shielded for any liability if they are concerned about money laundering. A mere abnormal transaction volume or a single transaction is enough for suspicion. The regulation is so single sided that any financial institution cannot even reply to your messa…

What is the official way that someone whose account is wrongfully frozen is supposed to get their money back? There has to be some answer, at least for US citizens or foreigners in the US whose assets are wrongfully frozen due to the effects of US law... every civil or criminal forfeiture law in the US provides some way for the property owner to challenge the seizure, usually involving filing or defending some kind of court action. I assume that it would be unconstitutional in the US for that not to be possible.

Re: GitHub Sponsors will stop supporting PayPal

#48

Post by frereubu »

im3w1l wrote: post #30
madeofpalk wrote: post #13

Earlier quoted context omitted.

My understanding (when I briefly looked into this about 5 years ago) is that Paypal doesn't support sending money for donations unless it's actual charitable donations - accepting 'donations' for an npm package is against paypal terms of service. My guess is that Paypal finally got around telling github to stop accepting this.

What is an actual charitable donation?

In the UK, a payment to an organisation registered with the Charities Commission: https://www.gov.uk/government/organisations/charity-commissi...

Re: GitHub Sponsors will stop supporting PayPal

#49

Post by bosie »

JumpCrisscross wrote: post #12
redox99 wrote: post #10

Earlier quoted context omitted.

Blows my mind that that's legal. If they lock your account they should be obliged to still show a form to withdraw to a bank account you own.

PayPal isn't a bank. It doesn't have depositors, just plain creditors. (Oversimplifying.) It should have to disclose this more thoroughly. But there is a legitimate niche for low-compliance deposit-like instruments in our financial system.

Isn't paypal a bank in europe and is supervised by CSSF due to having a banking license?
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