PayPal Decides Fining People $2,500 for ‘Misinformation’ Wasn’t a Great Idea

PayPal has backed away from fining its own customers up to $2,500 for promoting whatever it determines is “misinformation.”

The punishment showed up in its updated acceptable use policy, captured by the Internet Archive’s Wayback Machine on September 27, which was due to take effect on November 3. But the revision was deleted by the online payments giant around 2100 GMT on October 8. The biz’s current AUP was drafted September 20 last year and remains in effect.

PayPal has reportedly repudiated its planned AUP revision and characterized the snafu as an error.

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