No, there will be no $2,500 withdrawals from the accounts

The new policy of PayPal It authorizes them to take $2,500 from user accounts if they promote misinformation. This is the message that was posted on Twitter this weekend and has been circulating ever since. In response, many users called for a boycott of PayPal, deeming the move “unacceptable”.

“It’s hard for me to publicly criticize a company that I love and have done so much for. But PayPal’s new AUP goes against everything I believe in,” wrote a Bitcoin researcher and founder of Lightspark. Elon MuskOne of the founders expressed His approval of this message.

From fake

Since such important people have spoken on this topic, it is legitimate to believe that this is real information. Suspicion arose with an update to the Acceptable Use Policy (AUP) of the official PayPal website.

Among the prohibited user behavior listed on the site is the promotion of false information. It is included in “Sending, posting, or disseminating any message, content, or material. Such violations can effectively be punished with a fine of $2,500. An amount automatically deducted from the PayPal account of the users at fault.

The company explained that this updated PUA was released in error and contained incorrect information: “PayPal does not fine people who post false information, and this fine was not intended to be included in our policy.” And to add: “Our teams are working to correct our policy pages. We apologize for the confusion this has caused. »

So the disinformation clause will not be part of the site’s policy update, which will go into effect on November 3rd.