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PayPal will pay a fine of $ 25 million for violations in the credit program for users



PayPal will have to pay $ 25 million in fines for violations of its credit program for users. The US Consumer Financial Protection Bureau is accusing the company of PayPal signing users to its online credit product without the knowledge of the customers themselves, writes Phys.org . In this case, the problem is not solved even after the user contacts the support service.

$ 15 million will be paid as payment to customers who have suffered damage, and the company will pay another $ 10 million as a fine. Understanding to whom the amount of compensation to pay, will be the controlling authority itself, and not the affected clients of PayPal.

The payment system has already announced its consent to pay the entire amount. Amanda Miller, a company spokeswoman , has already announced that the entire amount will be paid without further investigation. This will be done, according to Miller, because the company cares about protecting the rights of its customers, and will do everything to ensure the maximum level of service.
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It is worth noting that at the end of March this year, PayPal has already paid $ 7.7 million in fines. The reason - the company worked with clients who were under sanctions established by the US government.

Source: https://habr.com/ru/post/290720/


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