PayPal: Difference between revisions

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*[[PayPal Honey]]

*[[Venmo]]

==Controversies==

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===Inactivity fee, 2022===

PayPal charges inactivity fee in Canada and the EU.<ref>{{Cite web |title=What is the inactivity fee? |url=https://www.paypal.com/ca/cshelp/article/what-is-the-inactivity-fee-help947 |website=PayPal Help Centre}}</ref>

PayPal charges an inactivity fee in Canada and the EU.<ref>{{Cite web |title=What is the inactivity fee? |url=https://www.paypal.com/ca/cshelp/article/what-is-the-inactivity-fee-help947 |website=PayPal Help Centre}}</ref>

If you don't log in or don't have transactions for a year you will be charged $20USD each year ~~this is the case~~. Then when there are no more funds in the account they will close your account. If you have not logged in ~~how can~~ they assume you have seen the changed terms and ~~tacitly~~ agree to the changes and thus the fees.

If you don't log in or don't have transactions for a year you will be charged $20USD each year. Then, when there are no more funds in the account, they will close your account. If you have not logged in they assume you have seen the changed terms and agree to the changes and thus the fees.

===Transaction fee refunds, 2019===

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==Alternatives==

Unfortunately, no truly privacy friendly digital payment systems are in wide-spread use ~~at the time~~ of ~~writing~~.

Unfortunately, no truly privacy friendly digital payment systems are in wide-spread use as of March 2025.

The [https://www.taler.net/ GNU Taler] project is a very promising recent option that allows for completely anonymous digital purchases while still relying on common currencies and preventing money laundering and tax fraud, all with minimal to no transaction fees. It is currently available in Switzerland with Germany scheduled to follow later in 2025.

@@ Line 14: / Line 14: @@
 *[[PayPal Honey]]
 *[[Venmo]]
 ==Controversies==
@@ Line 22: / Line 20: @@
 ===Inactivity fee, 2022===
-PayPal charges inactivity fee in Canada and the EU.<ref>{{Cite web |title=What is the inactivity fee? |url=https://www.paypal.com/ca/cshelp/article/what-is-the-inactivity-fee-help947 |website=PayPal Help Centre}}</ref>
+PayPal charges an inactivity fee in Canada and the EU.<ref>{{Cite web |title=What is the inactivity fee? |url=https://www.paypal.com/ca/cshelp/article/what-is-the-inactivity-fee-help947 |website=PayPal Help Centre}}</ref>
-If you don't log in or don't have transactions for a year you will be charged $20USD each year this is the case. Then when there are no more funds in the account they will close your account. If you have not logged in how can they assume you have seen the changed terms and tacitly agree to the changes and thus the fees.
+If you don't log in or don't have transactions for a year you will be charged $20USD each year. Then, when there are no more funds in the account, they will close your account. If you have not logged in they assume you have seen the changed terms and agree to the changes and thus the fees.
 ===Transaction fee refunds, 2019===
@@ Line 33: / Line 31: @@
 ==Alternatives==
-Unfortunately, no truly privacy friendly digital payment systems are in wide-spread use at the time of writing.
+Unfortunately, no truly privacy friendly digital payment systems are in wide-spread use as of March 2025.
 The [https://www.taler.net/ GNU Taler] project is a very promising recent option that allows for completely anonymous digital purchases while still relying on common currencies and preventing money laundering and tax fraud, all with minimal to no transaction fees. It is currently available in Switzerland with Germany scheduled to follow later in 2025.