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UK Government To Use PayPal For Identity Assurance

Posted by samzenpus on from the paypal-approved dept.

judgecorp writes "A UK government contract has confirmed earlier reports that British citizens will have the option to use PayPal to accredit themselves for public services such as the new Universal Credit benefit system. Using PayPal might be a public relations goof, as PayPal's parent eBay is notoriously clever at avoiding UK taxes, recently paying only £1.2 million on profit of £789 million (around 0.15 percent)."

4 of 74 comments (clear)

  1. More interesting than tax rate by h4rr4r · · Score: 5, Insightful

    Far more interesting than their effective tax rate would be how much of that money was stolen from their users?

    These folks love to freeze accounts and sieze money for any reason they can find. Paypal should be regulated as a bank.

    1. Re:More interesting than tax rate by cusco · · Score: 4, Insightful

      And even more amusing is the thought of how many times PayPal has been hacked and customer data stolen over the years. And they're going to use PayPal as accreditation?

      --
      "Think about how stupid the average person is. Now, realise that half of them are dumber than that." - George Carlin
  2. WTF? by future+assassin · · Score: 4, Insightful

    And when paypal puts your account on hold or someone deletes it then what?

    --
    by TheSpoom (715771) Uncaring Linux user here. I have nothing to add to this but please continue. *munches popcorn*
  3. Trust by Wowsers · · Score: 4, Insightful

    Why would anyone trust a company that pretends to be a bank, but is not regulated like a bank, and so can disappear your money in an instant and leave you whistling in the wind for YOUR money? Did the government somehow find if difficult to find a company more trusted?

    --
    Take Nobody's Word For It.