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

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

#91

Post by freedude »

CodeSgt wrote: post #16
torstenvl wrote: post #12

Earlier quoted context omitted.

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?

::knock:: ::knock:: "Who is it?" "This is Guido and my buddy Johnny Boy. We just want to talk about your negative Paypal balance and your recent injury to your kneecaps." "My knees are fine..."

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

#92

Post by counttheforks »

bandrami wrote: post #88

Don't the ToS already basically say they can just take your money any time they want for no reason at all?

That's the money you were already giving them to hold on to. They have now decided that you also agree to pay them even more money when they decide they don't like what you're doing.

The clause says they may deduct it from any of your PayPal accounts, but if you haven't given them that much money to hold on to, you still owe them, and presumably they will come after you.

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

#93

Post by treeman79 »

throwaway22032 wrote: post #66

How exactly do conditions like this work in practice? I can go ahead and write a ToS or even a contract that says "if you don't give me a blue M&M on Saturday 29 October 2022, you owe me $1M". I can get a client to sign it, perhaps it's part of my conditions as a freelancer. I can't realistically see any court enforcing that. As far as I can tell PayPal can only get away with this nonsense because they hold your mone…

You gave me a bunch of money. There is an understanding (tos) that it’s now my money.

I may or may not let you have it back depending on my whims.

Since you “gave” me the money, then I can do whatever I want with it.

Oh and I can take whatever money out of your bank account it want. Because I want it

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

#95

Post by treeman79 »

realce wrote: post #86
polski-g wrote: post #80

Earlier quoted context omitted.

The First Amendment would prevent a CDBC from closing your account for your online speech. A CDBC would be a huge improvement over PayPal.

Yeah just like how the 5th amendment prevents your funds from being stolen by law enforcement for baseless suspicion. Those amendments are iron-clad, water-tight, and applied evenly to all citizens!

Vote for constitutional judges then. Like Clarence Thomas. He doesn’t give a flying $&! what people wants.

He votes what the constitution says.

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

#99

Post by thatguy0900 »

tenpies wrote: post #56
ilaksh wrote: post #41

The stuff that concerns me just as much as the policing of opinions is all the list of things requiring pre-approval. I have web applications that my customers pay for with cryptocurrency, sometimes use telemedicine or make an adult purchase. It seems like I am supposed to discuss all of my personal life and business ahead of time with PayPal and then I would still be just kind of hoping for good will.

The beauty of this (as far as US weaponization of law is concerned) is that yes, you are correct. But because there is functionally no customer service at Paypal, the Legal Department is customer service. So to even talk to Paypal about these things you would have to spend thousands of dollars and several months. And when you make a mistake in a way Paypal doesn't like, you'll be obliterated. Those of us who grew or…

I wasn't aware Biden overhauled laws around PayPal money handling recently

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

#100

Post by philsnow »

Test0129 wrote: post #43

This is neither shocking, nor new. A decade ago I remember a friend who had a small business selling some niche collectors items. One day, he was scammed. The guy reported that the package was never delivered and, without even investigating, Paypal banned my friend's account and awarded the buyer their money back. Paypal has always, and will always be a shit company. Charging people $2,500 for wrongthink is simply as…

> I wonder what happens if I just say "lol, not paying" to them. Would they put me in collections?

You can revoke paypal's ACH authorization to your accounts [0]. I would not want to deal with the headache of them falsely telling creditors that I owe them money, though.

[0] https://www.consumerfinance.gov/ask-cfpb/how-can-i-stop-a-pa...

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