The issue gained traction over the weekend after the company published policy updates prohibiting users from using the PayPal service for activities identified by the company as “the sending, posting, or publication of any messages, content, or materials” promoting misinformation, in an Acceptable Use Policy due to kick in on Nov. 3. A penalty of $2,500 could be imposed for each violation.
The PayPal controversy was also seized upon by conservative politicians and social media personalities, who called on users to delete their PayPal accounts. Tim Scott, a Republican senator from South Carolina, said before the firm’s statement that his office will look into the validity of the policy and take any necessary action to stop such “corporate activism.”