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Can PayPal be fined for misinformation?

There is no mechanism to fine users for misinformation. PayPal policy says users would be liable for damages only for activities related to fraud and illegal transactions. USA TODAY, Oct. 13, PayPal controversy: App backtracks on new policy to fine $2500 for misinformation

Is PayPal's $2500 fine for'misinformation' reinstated?

The Internet is confused over whether a Paypal $2500 fine for ‘misinformation’ which was retracted earlier this month has been reinstated. Some Paypal users took to Twitter claiming that the money transferal app had secretly put the clause relating to the fine back into its Acceptable Use Policy (AUP).

Will PayPal charge $2500 for misinformation?

A couple of days ago there had been rumors that PayPal would charge $2500 for misinformation, but this is false. PayPal has been one of the most used apps for online transactions but a recent announcement by the company had many people upset. However, they were quick to come forward and further clarify the statement.

Will PayPal rescind a $2,500 fine for AUP violations?

As noted above, the $2,500 fine for AUP violations had been in effect for at least 10 years, nor had PayPal announced at any time that the fine would be rescinded. As for "misinformation," that word is still nowhere to be found in either the full User Agreement or AUP.

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