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Re:Ask HN: Why is Paypal able to block Netflix VPN providers? by celticninja on Tuesday February 16, 2016 @10:37AM (#11110504)
I Europe PayPal is not a bank.

But banks can refuse customers in Europe same as Visa or Mastercard can refuse to do business with someone.

Re:Ask HN: Why is Paypal able to block Netflix VPN providers? by erstorreyk on Tuesday February 23, 2016 @05:12AM (#11157843)
"Since July 2007, PayPal has operated across the European Union as a Luxembourg-based bank." -- wikipedia