New Policy Lets PayPal Pull $2,500 From Users’ Accounts If They Promote ‘Misinformation

Daily Wire

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A new policy update from PayPal will permit the firm to sanction users who advance purported “misinformation” or present risks to user “wellbeing.”

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Deliberations will be made at the “sole discretion” of PayPal and may subject the user to “damages” — including the removal of $2,500 “debited directly from your PayPal account.” The company’s user agreement contains a provision in which account holders acknowledge that the figure is “presently a reasonable minimum estimate of PayPal’s actual damages” due to the administrative cost of tracking violations and damage to the company’s reputation.

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“Under existing law, PayPal has the ability as a private company to implement this type of viewpoint-discriminatory policy,” Aaron Terr, a senior program officer at the Foundation for Individual Rights and Expression, explained to The Daily Wire. “Whatever motivation PayPal has for establishing these vague new categories of prohibited expression, they will almost certainly have a severe chilling effect on users’ speech. As is often the case with ill-defined and viewpoint-discriminatory speech codes, those with unpopular or minority viewpoints will likely bear the brunt of these restrictions.

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This shite is evil. Woke, Private companies are doing what the Biden Administration cannot get done through the legislature. It’s the Dems new playbook- using private companies to implement authoritarian policies.

I’d love to see all of the conservatives drop PayPal.