The reason given was "Under the Acceptable Use Policy, PayPal may not be used to send or receive payments for certain sexually oriented materials or services or for items that could be considered obscene". This is wrong/false on so many levels. We used PayPal only as a means to receive voluntary donations from people who wanted to support further development of Voat and to help pay for our hosting fees. This is beyond crazy.
According to PayPal User Agreement, our funds can be kept by PayPal for 180 days. I requested further clarification from PayPal, but I would like to advise everyone who planned to donate to Voat - to NOT do so via PayPal.
Honestly, I don't know what I expected when I trusted PayPal with our donation money. I apologize to everyone who donated to us through PayPal and I will badge everyone who did so even if the funds are never released by PayPal.
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dogmatic ago
Paypal is evil. Moreso now that they're breaking off from the ebay mothership. I received an email this month stating that i had until July 1st to either accept a new set of terms and conditions or delete my account.
I read the tsandcs and found that
a) paypal asserted ownership of intellectual property purchased through its service and
https://www.cryptocoinsnews.com/bitcoin-future-paypal-changes-terms-service-take-content/
b) use of the service constituted permission to receive spam text and voice calls from paypal or its affiliates REGARDLESS of U.S. Federal do-not-call list.
http://www.washingtonpost.com/blogs/the-switch/wp/2015/06/11/the-fcc-is-warning-paypal-about-its-robo-calling-policy/
Hell no! I bought bitcoin for the first time ever, and deleted the pp account. Straw that broke the back of the camel.
EDIT: Added links discussing points a) and b) above.