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PYPL Sep 2024 90.000 call

OPR - OPR Delayed price. Currency in USD
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0.1100+0.0200 (+22.22%)
As of 10:53AM EDT. Market open.
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  • Reuters

    PayPal fined $27.3 million by Polish watchdog for ambiguous clauses

    Poland's antitrust and consumer protection watchdog imposed a fine of 106.6 million zlotys ($27.3 million) on PayPal Europe for failing to spell out to consumers in its contractual clauses activities for which they may be fined, UOKiK said on Monday. UOKiK said that prohibited activities which could incur penalties were described in an unclear way and users may not understand exactly what was not allowed and what action the company could take in such cases. "Therefore, PayPal has an unlimited possibility to decide at will whether the user has committed a prohibited act and what penalty they will face for it, which may be, for example, blocking money on the account."