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Paypal: Censors in the name of Profit

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wraith808:
Should censorship in the name of profit and limiting chargebacks by a company with an undisputed monopoly in online payment processing be tolerated?

Summary: PayPal has forced its merchants that publish and distribute e-books to censor erotic literature.

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http://www.zdnet.com/blog/violetblue/paypal-strong-arms-indie-ebook-publishers-over-erotic-content/1097

mouser:
what the? why are they doing that?  what do they say the reason is? and who decides what's acceptable to them? did they post some kind of standards?  i don't see what business it is of theirs to decide what people can charge for -- unless some law enforcement is telling them the books are illegal. I'm a huge fan of paypal, but wtf?

wraith808:
^ Exactly.  Especially in the case of these distributors for a lot of indie authors- all are affected because of any blip, so the distributor is going to err on the side of the many, instead of the few, no matter how they feel about it.

They say the reason is the same as the reason they won't let you use paypal for anything close to porn, including erotic nudity, etc.: because the number of chargebacks is increased on such business.  In reality, especially because of the haphazard enforcement, it appears to be censorship masked by fiduciary responsibility.

vlastimil:
Outrageous. I wish someone would fork Bitcoin and fix its problems. We need it SO BADLY.

mouser:
because the number of chargebacks is increased on such business.
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that does not sound like an acceptable reason.

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