3 ms·
It's amazing that some politician hasn't been screwed by paypal and launched an initiative to rein them in.
by bobsmooth 5y ago
It's amazing that some politician hasn't been screwed by paypal and launched an initiative to rein them in.
- _zooted 5y agoMy understanding is PayPal positions themselves in a very specific way to avoid many consumer credit-related laws. They aren't a bank, it's not "credit" by the standard definition, etc.
- colejohnson66 5y agoThe politicians are high tier enough that when something is wrong, the support is probably much better. _zooted also has a good point, but the politicians can always update those laws to fit PayPal it; they just won’t.