PayPal reverses policy to fine customers for misinformation, claims mistake

PayPal's Acceptable Use Policy update originally said users would be subject to penalties of $2,500 per violation. The since-deleted policy sought to prevent people from sending content that PayPal decided was objectionable, promoted misinformation or was otherwise unfit for publication, among other things.

"An AUP notice recently went out in error that included incorrect information," a PayPal spokesperson said Sunday in a statement. "PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy. We're sorry for the confusion this has caused."

Talk about deplorable.

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