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PayPal to Fine Gambling, Porn Sites

Posted by CowboyNeal on

scubacuda writes "Yahoo! reports that PayPal is taking an aggressive stance against gambling, adult, and non-prescription drug sites: anyone caught using PayPal for these purposes will be charged $500. Eric Jackson, a former PayPal executive and author of the new book 'The PayPal Wars,' calls the new policy 'draconian' and says it is likely a two-fold strategy to discourage certain behavior while heading off regulators."

2 of 279 comments (clear)

  1. Bwahahaha! by Anonymous Coward · · Score: -1, Troll

    Let me get this straight: PayPal is going after porn and gambling? That's ironic because Ebay and PayPal thrive on fraud.

  2. Spong3 by Anonymous Coward · · Score: -1, Troll

    Already Jdead. It is 0ne or the other