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PayPal Fines Up To $2,500 For Intolerance: Bitcoin Fixes This

PayPal has a fine in place for “intolerance” for up to $2,500 embedded into its terms and conditions.

Located in PayPal’s User Agreement, the company states:

“You acknowledge and agree that $2,500.00 U.S. dollars per violation of the Acceptable Use Policy is presently a reasonable minimum estimate of PayPal’s actual damages.”

The Acceptable Use Policy includes a clause that warns against “the promotion of hate, violence, racial or other forms of intolerance that is discriminatory or the financial exploitation of a crime, [and] items that are considered obscene.”

Read More: PayPal Fines Up To $2,500 For Intolerance: Bitcoin Fixes This

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