PayPal has been forced to reverse course on a newly proposed communist policy which would have seen the financial company fine its users for the supposed spread of “misinformation,” charging them $2,500 per offense.
This type of politically motivated move is nothing new for the platform which has been deplatforming conservative organizations and individuals for quite some time, but it appears the company was not prepared for the amount of backlash that arose over the new plan.
“An [Accepted Use Policy] notice recently went out in error that included incorrect information,” a PayPal spokesperson said. “PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy. We’re sorry for the confusion this has caused.”
The original announcement said PayPal would expand its “existing list of prohibited activities” on November 3.
Among the changes were prohibitions on using the platform for “the sending, posting, or publication of any messages, content, or materials” that “promote misinformation” or “present a risk to user safety or wellbeing.”
Users were also barred under the policy from “the promotion of hate, violence, racial or other forms of intolerance that is discriminatory.”
Critics of the policy included former co-founder Elon Musk and former PayPal President David Marcus who called the decision “insanity.”
To see how PayPal’s decision to abandon the plan proves conservatives still have a fighting chance against big-tech, watch the video here.