PayPal Pulls Back, Says It Won’t Fine Customers $2,500 for ‘Misinformation’ after Backlash The new conditions were scheduled to be added to the restricted activity section of the PayPal User agreement effective November 3, the Daily Wire first reported. Changes included prohibitions on “the sending, posting, or publication of any messages, content, or materials” that “promote misinformation.” While the prior policy already forbade “hate,” “intolerance,” and discrimination, the new one would have explicitly applied to specific “protected groups” and “individuals or groups based on protected characteristics.” Identities under this umbrella included race, religion, gender or gender identity, and sexual orientation. The firm’s current rulebook doesn’t list these terms. It’s unclear whether PayPal will also pull back these specific prohibitions on “discriminatory” language, or if it is only scrubbing the “misinformation” clause. Breaking the rule against misinformation and hate speech “may subject you to damages, including liquidated damages of $2,500.00 U.S. dollars per violation, which may be debited directly from your PayPal account,” the company had originally warned. In a user agreement, account holders accept and attest that the penalty is “presently a reasonable minimum estimate of PayPal’s actual damages” due to the expense the firm incurs by accounting for the violations as well as damage to its reputation.
The fuck, here we go again, the US government nosing around in a private company's own affairs. PayPal is a private company. It is not beholden to the fucking 1A about free speech. It's gay cake-baking all over again.