Google searches for 'delete PayPal' skyrocketed
PayPal users have been sent into a frenzy after the company said it would fine users $2,500 for spreading misinformation. The announcement came as part of a new policy due to come into effect next month, but the firm has now U-turned following a backlash.
PayPal had been planning to introduce its new policy on November 3, according to several reports. A spokesperson for the company said: "PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy."A spokesperson for Financial World commented: "PayPal has received backlash from their announcement, which was quickly retracted.
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