Sauce http://www.cnet.com/au/news/us-regulator-orders-paypal-to-pay-25-million-in-refunds-fines/ :lol:
What a fucking joke. $25 million??? What about the trillions in credit that the US government has signed up on behalf of its citizens without their permission? Please, spare me this hypocrisy.
Absolutely. One can see the large banks and there affiliations are a specially protected untouchable group or corporations operating in parallel with the rest of us masquerading as operating at the same plane.
The banks didn't like the competition, while I was filling in online bank forms and finding out IBAN numbers and googling for the $%#@! German Street address of Silver.de's bank branch to do a bank transfer, Paypal were making international peer-to-peer transfers with just an email account. The banks either had to pick up their own game or knobble the competition. Mind you if the US decides to rip paypal a new one for their interesting exchange rates I won't be sorry, I don't mind paying the fees but I only just found out how badly you do with the exchange rate.