PayPal Bans Major File-Hosting Services Over Piracy Concerns
Found on Torrentfreak on Wednesday, 11 July 2012
Growing concern over copyright infringement has resulted in an extremely strict and in some cases privacy-violating set of requirements being laid down by the payment processing company.
Just how far PayPal is prepared to go is explained by Putlocker. The UK-based company had its PayPal account frozen three months ago after it refused to allow the payment provider to snoop on files uploaded by its users.
“They basically wanted access to the backend to monitor all the files being uploaded, and listing all files of users if they wanted, regardless of the privacy setting that the user might have selected,” Putlocker told TorrentFreak.
Hello PolicePal. It's hard to imagine, but this ridiculous service got even worse. The new terms are on the worst level possible and would give them the freedom to snoop around everywhere and request the deletion of any file, without any chance to dispute. However, this also has a positive side: it opens a big market for independant payment processors who don't act like some ugly clone of a secret state police.