Users Outraged Over PayPal Terms and Conditions That Allow ‘Robocalling’
PayPal has published a new set of terms and conditions, reserving the right to “robocall” and text you for marketing purposes. The digital payment processor isn't the only example of companies writing terms that some say allow them to ‘exploit’ user data and attempt to avoid the legal repercussions. The new terms and conditions published by PayPal, as it moves towards separating from its parent company Ebay, are causing outrage among users. PayPal reserves the right through these new terms to contact you, if you’re a customer, “at any telephone number that you have provided us or that we....
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The User Agreement lays out terms and conditions for services users are allowed to use with funds from PayPal, allowing the censoring of its customers’ money.
Since September, an increasing number of bitcoin startups and exchange have begun offering bitcoin-to-paypal payment processing services, allowing users to send bitcoin to international paypal accounts with substantially low transaction and conversion fees. Exchanges such as Bitwala, leading European bitcoin payment company have introduced secure and quick bitcoin-to-paypal transfer service, with service fees ranging from 0.5% to 4%. "For only 0.5% fee we transfer Bitcoin to PayPal accounts you want. You don't need a bank account or a credit card. Bitcoin makes services like PayPal....
PayPal has joined forces with Bitcoin as a sort of keep-your-friends-close-and-your-enemies closer tactic. Bitcoin is designed to overtake and make obsolete services like Paypal and Western Union. It is faster, less expensive, and doesn't require their third-party services to accomplish the same objectives. It is a better PayPal, and they know it. Now that the Internet has borne this superior option, it would be wise for PayPal to foster a stronger connection with its customer base to keep them happy and in the fold, no? PayPal doesn't see it that way. In fact, they may be looking to drive....
DeFi blog Rekt claims that FTX failed to adhere to its own terms and conditions by imposing the fee. A crypto hodler is outraged after allegedly copping a $954,135 fee from centralized exchange FTX. The trader claims the fee was charged over a mistaken deposit they believe was the exchange’s fault.On Oct. 6, the Rekt Blog published screenshots of correspondence that suggest the problems began when the customer deposited around $6.3 million in USDP, the stablecoin token for DeFi borrowing platform Unit Protocol, in late September.Unfortunately, the Paxos stablecoin has also rebranded to....
Paypal has begun letting users transfer cryptocurrencies between its platform and other wallets and exchanges. “This feature has been consistently ranked by users as one of the most requested enhancements since we began offering the purchase of crypto on our platform,” Paypal revealed.
Paypal Now Supports External Wallet Transfers
Payments giant Paypal finally allows users to transfer cryptocurrencies in and out of its platform. The company announced Tuesday:
We are thrilled to announce that starting today, Paypal supports the native transfer of....