PayPal has been fined $27.3 million USD by the antitrust and consumer protection authorities in Poland for failing to clearly state which activities could result in penalties for consumers in its contractual clauses. According to reports, UOKiK said that prohibited activities were described in an unclear manner, making it difficult for users to understand what…
PayPal to Layoff 2,500
PayPal Holdings Inc. is a multinational financial technology company that specializes in online payment systems for businesses, online retailers, and commercial customers. The company was founded in 1998 as Confinity, with its headquarters in California, USA. By 2012, PayPal had processed over $145 billion USD in payments. According to recent reports, PayPal released a statement…