Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

PayPal restores to its TOS $2,500 charge for any post they don't like

twitter.com

Post reply on HN
Print view View original

11–20 of 158 posts

Re: PayPal restores to its TOS $2,500 charge for any post they don't like

#11

Post by torstenvl »

mhb wrote: post #8

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

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

Re: PayPal restores to its TOS $2,500 charge for any post they don't like

#12

Post by torstenvl »

indigodaddy wrote: post #6

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?

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#...

Re: PayPal restores to its TOS $2,500 charge for any post they don't like

#13

Post by mangosteenjuice »

user3939382 wrote: post #5

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.

No post body was provided.

Re: PayPal restores to its TOS $2,500 charge for any post they don't like

#15

Post by Nextgrid »

Bellend wrote: post #14

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.

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.

Re: PayPal restores to its TOS $2,500 charge for any post they don't like

#16

Post by CodeSgt »

torstenvl wrote: post #12
indigodaddy wrote: post #6

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?

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#...

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?

Re: PayPal restores to its TOS $2,500 charge for any post they don't like

#17

Post by Andys »

Bellend wrote: post #14

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.

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.

Re: PayPal restores to its TOS $2,500 charge for any post they don't like

#18

Post by OmahaBoy69 »

Bellend wrote: post #14

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.

>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.

Re: PayPal restores to its TOS $2,500 charge for any post they don't like

#19

Post by minraws »

user3939382 wrote: post #5

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.

I honestly want to see govt. regulate this, I am honestly curious how can these guys have been evading govt regulation for so long, like this is getting as bad if not much worse than Big Tech. Or maybe it's part of big tech, this bs just doesn't make any sense to me.

Re: PayPal restores to its TOS $2,500 charge for any post they don't like

#20

Post by minraws »

hobbitstan wrote: post #2

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.

I am curious to understand the reasoning behind people saying it was a mistake, like how does something that big get past all the C-suites, F-suites and every other suite people of the company... Like I mean seriously was everyone blind!?
Post reply on HN