(PayPal’s existing user agreement — in other words, the terms to which current users have agreed — includes guidelines about people paying $2,500 should they violate other rules.) However, users concerned about the purported change can relax; no such provision about misinformation is actually being added to the service’s User Agreement, according to a PayPal spokesperson. In an email to Snopes, the spokesperson said the document didn’t accurately reflect upcoming changes to the platform’s policies. PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy. As of this writing, PayPal had deleted the entire document from its website (Snopes obtained and reviewed it using the Internet Archive).

Source: Washington Post October 11, 2022 00:29 UTC