PayPal to start fining their customers

This post was written by marc on September 15, 2004
Posted Under: Consumer Complaints,PayPal

If you buy a Playboy with your paypal debit card – PayPal might steal $500 from you.

PayPal to Levy Fines for Gambling, Porn

By Lisa Baertlein

SAN FRANCISCO (Reuters) – PayPal, the online payments arm of eBay Inc. on Friday said it will soon fine people up to $500 for uses related to gambling, adult content or services, and buying or selling prescription drugs from noncertified sellers.

The new policy, which takes effect Sept. 24 and applies to both buyers and sellers, marks the first time PayPal has imposed fines for violations of its use policy, spokeswoman Amanda Pires said.

In addition to fines that could be applied to each violation, PayPal may take legal action to recover losses in excess of the fines, Pires said in an interview.

Reader Comments

Tell me why anyone would use paypal.

Written By tomocius on September 15th, 2004 @ 6:03 pm

Interesting articule. Sorry to get off blog topic.

Written By M. Wills on September 16th, 2004 @ 12:33 pm

Given your background as a pro se attorney, perhaps you should attempt to find litigants for a class action lawsuit.

Paypal’s practices that you’ve detailed recently appear to be rude and confrontational at best, grossly negligent of privacy and fiscally predatory at worst.

Written By Gershwin on September 19th, 2004 @ 2:00 am

Does that include donations? If someone donates money just to be donating. Is that included in the policy?

Written By kirk on September 23rd, 2004 @ 3:54 pm

wow, i never knew paypal was that bizarre

Written By jasonpalmer on June 10th, 2010 @ 7:32 am

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