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ExtraTorrent.cc > Articles > PayPal Enforce Stricter Regulations for File-Sharers

PayPal Enforce Stricter Regulations for File-Sharers

PayPal Enforce Stricter Regulations for File-Sharers

Added: Tuesday, July 17th, 2012
Category: Bit Torrent Freedom > The Right To Share
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2010, www.extrattorrent.com
Following the separation from WikiLeaks two years ago, PayPal payment system is currently setting harsh conditions for different file-sharing services.

1300000662.PayPal_Restrictions-700x700.jpeg

Recent media reports informed that PayPal has recently changed its Terms of Service, making it harder for file-sharing services to survive. One of the most popular payment services, owned by eBay, is currently demanding that the merchants must prohibit consumers from uploading files containing unauthorized content and promise that people involved in such file transfers will be permanently banned from their service. Moreover, PayPal also requires that merchants must provide the payment portal with free access to their service so its Acceptable Use Policy department could monitor the material.

Thus, a number of cyberlockers already became concerned with the changes, while others, such as the Palo Alto-based MediaFire, claimed that there is little impact of PayPal changes in its Terms of Service. For instance, Putlocker, a British file-sharing website, complained that it was a complete invasion of privacy on PayPal’s part, because it was none of their business what files the consumers want to keep in their accounts. The service says that it has a solid abuse handling policy already, and it does not feel a third party company has any business snooping on its users.

Nevertheless, despite the fact that PayPal might be considered as one of the largest Internet paying services, there are many alternatives in the web, including MoneyBookers and BitCoin. So, if the cyberlockers don’t like the new terms of cooperation with PayPal, they always have a place to move.


By:
SaM
July 17th,2012

Posted by: 
SaM

Date:  Tuesday, July 17th, 2012



Comments (5) (please add your comment »)

1
posted by (2012-07-17 18:05:41)
TheBlackMamba avatarGOT EM! LOL MAYBE MAKE THE FILE SHARE SITES FREE AGAIN??? LMMFAO

2
posted by (2012-07-17 19:18:34)
No avatarok so even tho paypal makes a lump sum off of just about every transaction they are now just starting to act greedy? give me a F'n break. I don't see how this will benefit them as this will just drive there user base to another cyber bank.

3
posted by Xbox (2012-07-18 01:29:12)
SarazSlave avatarwow is that why we cant donnate any more?? Damn i was looking to becoming vip on this site but theres no where to put money in ... ?? hopes its up soon i hate all this pop-ups

4
posted by (2012-07-18 03:50:39)
ronbokirk avatarI look forward to the day pay pal folds up

5
posted by (2012-07-18 18:55:22)
CaptCosmo avatarUsed to be a site called something like ImPayPalTerrified.com. I think its logo was the "PayPal Verified" logo modified to say "PayPal Terrified". (See Here: http://photobucket.com/images/PayPal+Terrified+Seal/ I couldn't find it today but Google [PayPal Terrified] to find similar sites & stories. More than enough bad stories to make you "PayPal Terrified"!! Using that logo in all my auctions I did last on eBay for about 8 mos while using the ID "PayPal Terrified" as well! eBay said I wasn't good for the "eBay Community" and canceled my accounts. It was a good service until eBay got involved. GREED is destroying our Global Economies and it did not overlook PayPal. I for one got tired of eBay & PayPal both having their hands in my pockets. Wonder what would happen if everyone in the file sharing community stopped using PayPal for any transaction?? Hint above in #4's comment...



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