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PayPal Bans BitTorrent Friendly VPN Provider

torrentfreak.com

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Re: PayPal Bans BitTorrent Friendly VPN Provider

#2

Post by crazygringo »

People have long been worked up over net neutrality.

But what about payment neutrality? It seems like it's just as important, if not more. Why don't we hear enough from people demanding laws that prevent payment processors above a certain size from discriminating based on categories of goods and services?

Why can't we make it illegal for MasterCard and Visa to stop processing payments destined for Wikileaks, or PayPal to stop processing payments to VPN providers? This seems to be to be a clear abuse of monopoly power or at least market share, and there isn't even a whiff of transparent, due process in it.

Re: PayPal Bans BitTorrent Friendly VPN Provider

#3

Post by citricsquid »

crazygringo wrote: post #2

People have long been worked up over net neutrality. But what about payment neutrality? It seems like it's just as important, if not more. Why don't we hear enough from people demanding laws that prevent payment processors above a certain size from discriminating based on categories of goods and services? Why can't we make it illegal for MasterCard and Visa to stop processing payments destined for Wikileaks, or PayPa…

Surely it would be backwards to dictate who payment processors can and cannot do business with. There are risks involved with banking, a bank will not give a mortgage to a minimum wage worker and we don't expect them to due to the risks associated with such a mortgage, why should a payment processor be expected to take the risks that banks are not?

Re: PayPal Bans BitTorrent Friendly VPN Provider

#4

Post by stfu »

Not really a new problem. I remember using the pre-ipredator PirateBay VPN provider and they got shoot down by PayPal as well. My current VPN sends me PayPal payment invoices for bogus products apparently just to avoid getting in trouble with PayPal. Running a VPN is not really a business I would want to be in.

Re: PayPal Bans BitTorrent Friendly VPN Provider

#6

Post by gringomorcego »

citricsquid wrote: post #3
crazygringo wrote: post #2

People have long been worked up over net neutrality. But what about payment neutrality? It seems like it's just as important, if not more. Why don't we hear enough from people demanding laws that prevent payment processors above a certain size from discriminating based on categories of goods and services? Why can't we make it illegal for MasterCard and Visa to stop processing payments destined for Wikileaks, or PayPa…

Surely it would be backwards to dictate who payment processors can and cannot do business with. There are risks involved with banking, a bank will not give a mortgage to a minimum wage worker and we don't expect them to due to the risks associated with such a mortgage, why should a payment processor be expected to take the risks that banks are not?

Uh, so it's okay for the US to wink wink at Amazon, Paypal and numerous other financial payment providers when Wikileaks comes to play?

You sound like a true apologist. This stuff matters, it affects people's lives, and it it has NOTHING to do with ROI. That's a bunch of BS.

This has to do with favors and stancing and has absolutely nothing to do with profitability or providing a service.

I'll show myself the door when I hear about how many chargebacks the VPN was getting.

Re: PayPal Bans BitTorrent Friendly VPN Provider

#9

Post by incongruity »

hastur wrote: post #8

The funny thing is that PayPal was originally intended to provide safe, transnational money exchange beyond the control of governments. (Somewhat like Bitcoin today.) So they wanted to be a solution to a problem. Now PayPal is part of the problem.

They've done a great job of being a bank while not being regulated like a bank. It'd be kind of impressive, if it weren't so damn problematic for users/customers.
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