Re:PayPal’s updated acceptable use policy [pdf]
by brudgers on Monday October 03, 2022 @12:15AM
(#33063410)
A prudent course of action would be to get pre approval from PayPal before accepting PayPal payments.
To me, this is what the document suggests.
Re:PayPal’s updated acceptable use policy [pdf]
by lettergram on Monday October 03, 2022 @12:31AM
(#33063499)
Section number 5 under prohibited activities is what I was mentioning. There's a different section for topics requiring pre-approvals.
Section 5 is new. It covers posts, content, etc that PayPal finds objectionable.
To understand this in context, say I’m a website based business that posts conspiracy theories about JFK and UFOs. People pay for exclusive content via paypal.
If I get labeled as misinformation on 300 posts, I could owe PayPal a minimum of $750,000 (300 * $2,500). I’m not saying PayPal will do that, but that appears fair game given the terms being provided here.