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FCC Nixes PayPal's Forced Robocalls Plan
jfruh writes: As part of a new user agreement created in preparation for its spinoff from eBay as an independent company, PayPal told users that the only way to avoid advertising robocalls from PayPal and its 'partners' was to stop using the service. This caused something of a firestorm, and now the FCC is saying the policy may violate Federal law, which requires an explicit opt-in to receive such messages.
They've always been a little shady anyway, always wanting to ride that line between a service and a bank, while not wanting to fall into bank regulations.
Although eBay/PayPal appeared to be one company, they were separate business entities inside the company. I worked help desk for them prior to the Great Recession. Any hardware with an asset tag and licensed software got separated for either eBay or PayPal, as PayPal fell under the banking regulations and played by a different set of rules than eBay. If you were employed on the PayPal side, your credit record had to be in excellent shape or have your employment terminated. Just like working at a bank.