(LifeSiteNews) Following blistering criticism, PayPal walked back plans to fine users up to $2,500 for spreading what it deems “misinformation,” while leaving in question whether it will implement sanctions for “intolerance” against homosexuals and gender-confused people.
The Daily Wire reported on Friday that a new user agreement from PayPal would have updated the left-wing payment giant’s “list of prohibited activities” to include “sending, posting, or publication of any messages, content, or materials” that “promote misinformation,” determined at PayPal’s “sole discretion.”
Violations of the new conditions may result in “damages” such as “$2,500.00 U.S. dollars per violation, which may be debited directly from your PayPal account,” the updated policy stated.
It was slated to take effect on November 3, just five days before the U.S. midterm elections.
But PayPal has since distanced itself from the changes amid growing backlash, claiming that the “misinformation” language in the new user agreement was sent out “in error.”
“An AUP notice recently went out in error that included incorrect information,” a spokesperson for PayPal told Fox Business on Saturday. “PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy.”
‘Get your money out of paypal right now’
The news of PayPal’s apparent crackdown on disfavored speech had prompted scathing criticism online, including from the company’s former president David Marcus and founding COO David Sacks.
“Get your money out of paypal right now,” Sacks tweeted on Friday.
