Hacker News Reader

This is relevant mainly to sellers, would that be correct?

Also, is this a “fee” that becomes due on some sort of bill that you can choose to ignore, or can/will they actually pull money from a linked account?

View on HN

They won't pull it from a linked account, just your PayPal balance... for now.

"You acknowledge and agree that $2,500.00 U.S. dollars per violation of the Acceptable Use Policy is presently a reasonable minimum estimate of PayPal’s actual damages.... PayPal may deduct such damages directly from any existing balance in any PayPal account you control."

https://www.paypal.com/us/webapps/mpp/ua/useragreement-full#...

Hmm. And what do they do if you don't maintain a $2500 balance in any linked accounts? Do they send it to collections? Garnish any received money recieved to the account until the amount is paid in full? Both?

::knock:: ::knock:: "Who is it?" "This is Guido and my buddy Johnny Boy. We just want to talk about your negative Paypal balance and your recent injury to your kneecaps." "My knees are fine..."

Reply on news.ycombinator.com