PayPal Unleashes Social Credit System - Major Backlash

Globalist Blunder: WEF-Controlled PayPal Unleashes Chinese Social Credit Ambitions Prematurely

Amy Mek

World Economic Forum’s (WEF) partner, PayPal, is walking back its new policy based on the Chinese Communist Party’s (CCP) “social credit” model after causing international outrage. Although PayPal claims its policy was released in error, it’s what the WEF and its “partners” have been threatening for years, a global social credit system that will give them the power to control citizens and punish those they deem “untrustworthy.”

In 2020, PayPal (which also owns Venmo) changed its policy, and the company coerced users to agree to a $2,500 PayPal fine if they violated the their acceptable use policy.

Subsequently, on October 7, 2002 the globalist company announced that beginning November 3, 2022, PayPal would expand the existing list of prohibited activities and seize $2,500 per offense from users if the company deems someone guilty of spreading ‘misinformation’ or “discrimination” of groups or individuals based on gender identity.

“The new policy update from PayPal will permit the firm to sanction users who advance purported ‘misinformation’ or present risks to user ‘well-being’ with fines of up to $2,500 per offense,” explained the DailyWire,

The report added that the financial services company repeatedly has de-platformed and blacklisted organizations and individual commentators for their political views and was going to expand its existing list of prohibited activities on November 3. “Among the changes are prohibitions on ‘the sending, posting, or publication of any messages, content, or materials that ‘promote misinformation’ or ‘present a risk to user safety or wellbeing.’ PayPal would also bar users from ‘the promotion of hate, violence, racial or other forms of intolerance that are discriminatory.’”

The WEF-controlled company’s prematurely released criteria is subjective and violates fundamental due process and free speech principles. Furthermore, the socialist-led company would seize users’ funds based on their sole discretion. 

The company reversed its policy after a major backlash. PayPal said in an email to the Epoch Times:

An AUP notice recently went out in error that included incorrect information. PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy. Our team is working to correct our policy pages. We’re sorry for the confusion this has caused

PayPal announced that it would spy on the transactions of its users and feed that data to far-left activists at the Anti-Defamation League (ADL), as well as to law enforcement and policymakers.

The President and CEO of PayPal, socialist Dan Schulman, and his executive team are the World Economic Forum’s most vocal and influential partners, making them some of the most dangerous globalists in the world.

In February 2019, CEO Schulman admitted during an interview with the Wall Street Journal that PayPal works with the far-left extremists Southern Poverty Law Center (SPLC) when it considers blacklisting conservatives.

After being asked by the Wall Street Journal (WSJ) what “values” PayPal identifies with,” Schulman replied, “Probably the most important value to us is diversity and inclusion.”

“I think North Carolina was probably the moment that was the most visible, where we basically said this violates our core value, and we need to make a very public stand on it,” claimed Schulman, referencing the time when PayPal pulled out of an investment in North Carolina because the state passed a bill making it mandatory for people to use the bathroom of their biological sex.

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