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> This policy has been discussed on HN before. Section 5 is new. It covers posts, content, etc that PayPal finds objectionable. To understand this in context,
by lettergram 4y ago
> This policy has been discussed on HN before.
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.
- brudgers 4y agoA prudent course of action would be to get pre approval from PayPal before accepting PayPal payments. To me, this is what the document suggests.
- lettergram 4y agoSection number 5 under prohibited activities is what I was mentioning. There's a different section for topics requiring pre-approvals.