After The Regretsy and Diaspora Account Freezes, We?ve Lost Confidence In PayPal

Hey PayPal, do you realize people no longer trust you? By heartlessly freezing the accounts of legitimate causes, you've shaken our confidence. By releasing the funds only in response to public pressure, you've shown that your policy enforcement is erratic and our money can disappear on a whim. The account freezes have become such fiascoes that they transcend the facts. Even if you're boxed in by the law, even if these companies accidentally misused your product, it doesn't matter. The public's perception is that there's a risk in keeping money with PayPal. If something doesn't change, startups, causes, and merchants will start processing donations and payments elsewhere.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/xVe26y1DX-k/

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