In the wake of its split from eBay, online transaction service PayPal will be changing its policies on July 1st, 2015. Under the new arrangement, U.S. based users may opt-out from using PayPal or "consent to receive autodialed or pre-recorded calls and text messages from PayPal at any telephone number that you have provided us or that we have otherwise obtained. [more inside]
PayPal locked down the developer’s account, and said it could only have 50% of the funds. The rest would be released as development continued, based on PayPal’s assessment of the situation. PayPal was, essentially, going to become a producer going forward. Crowdfunding's Secret Enemy is PayPal
Buy your porn now! In a little over two weeks, you will no longer be able to purchase anything in Ebay's mature categories, or many other forms of online adult amusement, using PayPal. New rules being implemented and enforced by PayPal follow [with a bit of coercion, some claim ] new rules laid down by Visa late last year making it significantly more difficult to sell porn online if you want to accept Visa cards. While it's unclear why exactly PayPal and Ebay are doing this, PayPal and Visa's corner on the online payment market is going to lead to some sort of change in the business of online porn. [all links except "exactly" SFW]
Has PayPal's acceptable use policy become much broader recently? I just received notice of changes to PayPal's acceptable use policy. I was surprised at the number of things that they have restrictions on. One in particular seemed like the kiss of death: No porn for you unless it's from eBay's Mature section. Won't somebody think of the cam girls? With many banks now offering some sort of internet check-writing facility is PayPal really even a valid business model anymore outside of eBay?
eBayPal. Say, if PayPal doesn't deliver its stock, will they get negative feedback? (See also The Reg coverage.)
c2it to be free; PayPal raising fees. Will this spell the end of PayPal? Free c2it from Citibank can be used the same way the "old" PayPal could (for friends and roommates to settle up bills) as well cutting deeply into PayPal's core on-line auction settlement business (well over half its revenue), already under attack by eBay's Billpoint.