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Under US Pressure, PayPal Stops Working With Mega

New submitter seoras sends news that PayPal is now refusing to handle payments for Mega, Kim Dotcom's cloud storage service. A report (PDF) issued in September of last year claimed Mega and other "cyberlocker" sites made a great deal of illicit money off piracy. Mega disputes this, of course, and says the report caused U.S. Senator Patrick Leahy to pressure credit card companies to stop working with Mega. Those companies then pressured PayPal to stop as well. The hosting company claims, "MEGA provided extensive statistics and other evidence showing that MEGA’s business is legitimate and legally compliant. After discussions that appeared to satisfy PayPal’s queries, MEGA authorised PayPal to share that material with Visa and MasterCard. Eventually PayPal made a non-negotiable decision to immediately terminate services to MEGA."

1 of 136 comments (clear)

  1. Re:this is one more reason by BarbaraHudson · · Score: 0, Troll

    There is no reason what so ever that any government should get involved in peoples personal financial decisions

    Last I heard, mega was a business. The banks terminated their business dealings with mega.

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    "Transparent" is a shit show that trades on every stereotype going. A man in drag is NOT a transsexual.