A PayPal spokesperson later clarified that the Acceptable Use Policy went out in error — and 'this language was never intended to be inserted' 👀
PayPal has backtracked after an update to its policies declared that users could be fined $2,500 for "misinformation."
"You may not use the PayPal service for activities that … involve the sending, posting, or publication of any messages, content, or materials that, in PayPal's sole discretion … promote misinformation." David Marcus — who formerly led PayPal and ran Facebook's doomed digital payments service — had also voiced his condemnation of the policy, writing:
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