PayPal Says It Won't Fine Customers $2,500 for 'Misinformation'

An anonymous reader shares this report from the National Review:PayPal has backtracked on a published policy that would have fined users $2,500 for spreading "misinformation," claiming the update had gone out "in error." "An 'Acceptable Use Policy' notice recently went out in error that included incorrect information. PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy. Our teams are working to correct our policy pages. We're sorry for the confusion this has caused," a spokesperson told National Review in a written statement.... The policy update had appeared to authorize the company to pull a significant sum of money from the accounts of users who spread "misinformation," among other newly listed offenses.... Changes included prohibitions on "the sending, posting, or publication of any messages, content, or materials" that "promote misinformation." While the prior policy already forbade "hate," "intolerance," and discrimination, the new one would have explicitly applied to specific "protected groups" and "individuals or groups based on protected characteristics...." The firm's current rulebook doesn't list these terms. It's unclear whether PayPal will also pull back these specific prohibitions on "discriminatory" language, or if it is only scrubbing the "misinformation" clause.

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