Do you want a $500 fine? Use Paypal.

By Serena / 27 February 2010 / 0 comments

Question:

Hi Serena
I came across your article about Paypal introducing fines, I’m very careful when using it but I am a bit worried now. How do other girls get around it? Thanks in advance for your time.
Genna

Answer:

Why would someone be stupid enough to risk a $500 fines?
Other girls don’t, no one does. Paypal will freeze your account and fine you. We had a case recently when a buyer got dragged to court by Paypal after refusing to pay a $500 penalty for breaching their T&C, his excuse was that ‘the seller made him’ and she should pay for both. I dont think anyone bought his excuse, and she would still have to pay her $500 fine.
If these are the kind of legal affairs you wish to potentially face, then by all mean, go ahead and keep using Paypal.

Written on the 2nd September 2009
PayPal Set to Fine Users
Attempt to police practices is business as usual for eBay sellers — unless they’re in the wrong business.
By Susan Kuchinskas: More stories by this author:
Beginning Friday, PayPal will begin penalizing users who buy things it doesn’t want them to: prescription drugs from unverified pharmacies, material with even a whiff of sex and gambling or lottery services.
On August 23, PayPal gave users via e-mail 30 days’ notice that it could levy a fine of $500 on those who violate its acceptable use policies. Its compliance team will strictly enforce the new acceptable use policy to implement the monetary fines on both buyers and sellers who use the transaction service to trade in items the San Jose, Calif.-based company has outlawed.
Those policies prohibit a wide variety of things, from stuffed migratory birds to used airbags. But the user agreement revision singles out those who, despite the transaction platform’s best efforts, persist in using it to pay for forbidden goods and services in the mature audiences, prescription drugs and gambling categories.
A PayPal spokesperson said the fines were an evolution of its policy prohibiting these activities; she declined to say what percentage of the service’s transactions might engage in barred goods.

More related info here