Fake News?
PayPal Goes on Rampage Closing Out Accounts
Sep
By Jorgen Soby
PayPal has gone on a rampage by blocking organizations they don’t like access to their services.
The Free Speech Union (FSU) is one of several organizations that just lost access to the financial platform.
“PayPal has demonetised the Free Speech Union. It is not uncommon for financial companies like PayPal to withdraw services from individuals or groups who express politically contentious views, but this is the first time an organisation that defends people’s right to express such views has been demonetised. This is a new low and takes us one step closer towards a Chinese-style social credit system in which those who do not toe the party line are shut out of the financial system,” states their press release.
FSU defines itself as “non-partisan, mass-membership public interest body that stands up for the speech rights of its members.” But according to PayPal, this platform doesn’t deserve access to its services.
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PayPal is a financial platform that allows anyone to make a living or maintain a business by receiving financial transfers without requiring personal bank information for every transaction.