You may remember that last week PayPal had introduced new fees for those with Personal accounts without any prior notification. This caused quite an uproar as angry customers flooded this site, Digg, and other sites around the net with protests. The new fees affect those with Personal accounts who are now charged a fee of more »

Last month Paypal quietly began charging new fees to its customers who have personal accounts without actually notifying them of the change. The new fees apply to payments marked as “Goods” or “Services.” Such payments were previously free but will now be charged a fee of about 2.9% plus 30 cents. When confronted, Paypal claimed the new fees had been announced in email, news articles, and Paypal’s own blog. However that turned out to be untrue. The only thing mentioned in those announcements was Paypal’s decision to allow its customers with premium accounts to make personal transfers for free.

PayPal has been asked by the IRS via court order to provide records regarding the use of offshore credit cards. The request is part of the IRS’s off shore compliance program. Many members of the online gambling community are protesting the action, calling it violation of Internet privacy. PayPal was involved with online gambling from more »