PayPal-ed
cybertech
OGBenchmark King
Mod adds a little context:
PayPal has been hit with a class action lawsuit by consumers represented by law firm Hagens Berman alleging that the fintech giant’s anti-steering rules stifle competition against lower-cost payment platforms such as Stripe and Shopify.
Specifically, according to an investigation conducted by the firm’s consumer rights attorneys, PayPal has subjected consumers to excess charges when purchasing from online merchants that accept PayPal or Venmo.
The suit states that PayPal’s merchant agreements, which all merchants must sign to accept payments via its platform, leads to consumers paying more to make purchases. The attorneys charge that “if PayPal’s agreements were transparent, consumers would quickly see a price difference between PayPal and Venmo and its competitors.” ....
I bench YABS 24/7/365 unless it's a leap year.
Comments
Honestly, I thought the EU would be first.
Ironically, venmo is also owned by PayPal.
The all seeing eye sees everything...
Really? Dammit, didn't know that ... Paypal is awful.
From Wikipedia:
The all seeing eye sees everything...