<div dir="ltr">Paypal is bringing these onorous terms of service into a world where the company is becoming more of a transaction processor. They are selling their receivables to Synchrony and signing global alliances for things like mobile transaction processing.</div><br><div class="gmail_quote"><div dir="ltr">On Tue, Jan 1, 2019 at 8:55 PM Andy Patrizio <<a href="mailto:andy@andypatrizio.com">andy@andypatrizio.com</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div lang="EN-US" link="blue" vlink="purple"><div class="m_4510883845049356768WordSection1"><p class="MsoNormal">Idiots.<u></u><u></u></p><p class="MsoNormal"><u></u> <u></u></p><p class="MsoNormal"><a href="https://www.cryptovibes.com/crypto-news/paypal-bans-the-hacker-news-bitcoin/" target="_blank">https://www.cryptovibes.com/crypto-news/paypal-bans-the-hacker-news-bitcoin/</a><u></u><u></u></p><p class="MsoNormal"><u></u> <u></u></p><p><span lang="EN-GB">he Hacker News (THN), a cybersecurity news resource, has become the latest notable PayPal user to have all its accounts frozen without notice. The company alleged that PayPal acted without mentioning any reason and went on to hold funds in these accounts illegally for 180 days.<u></u><u></u></span></p><p><span lang="EN-GB">In a series of December 28 tweets, officials announced that money from all its corporate accounts with the global money transmitter was no longer available. THN described that situation as ‘frustrating’ and accused <a href="https://www.cryptovibes.com/knowledge/5-quick-ways-to-buy-bitcoin-with-paypal/" target="_blank">PayPal</a> of acting without offering valid reasons for their drastic bans. The money transmitter has regularly initiated funds blocking against corporate clients in the past including those in the cryptocurrency industry without explanations.<u></u><u></u></span></p><p><span lang="EN-GB">Such blocks are a part of the service’s terms of use, that feature the caution that users can be frozen from their accounts without the company having to explain.<u></u><u></u></span></p><p class="MsoNormal"><u></u> <u></u></p></div></div>-- <br>
Ipg-smz mailing list<br>
<a href="mailto:Ipg-smz@netpress.org" target="_blank">Ipg-smz@netpress.org</a><br>
<a href="http://netpress.org/mailman/listinfo/ipg-smz_netpress.org" rel="noreferrer" target="_blank">http://netpress.org/mailman/listinfo/ipg-smz_netpress.org</a><br>
</blockquote></div>-- <br><div dir="ltr" class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr">Dana Blankenhorn<div><a href="http://www.danablankenhorn.com">http://www.danablankenhorn.com</a></div><div><a href="http://investorplace.com/author/danablankenhorn/#.WJzBOzsrLIV">http://investorplace.com/author/danablankenhorn/#.WJzBOzsrLIV</a><br></div></div></div>