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December 6, 2011 06:09 pm GMT
It's the holiday season, when a webmaster's mind turns to thoughts of love and charity. Take Regretsy, for example. The site collected a bit of money and began buying and sending gifts to the kids in the Regretsy community whose parents were having financial problems. In this economy, that could be just about anybody and, the Internet being the Internet, there was an outpouring of affection and donations. It warms, as they say, the cockles of the heart.Unfortunately, Regretsy used Paypal.As of yesterday, Paypal shut down the account and put a hold on Regretsy founder April Winchell's account. They also forced her to refund the money she collected, less the fees Paypal took out - twice.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jy4P5YRSKr8/
Do You Hear What I Hear? Yes, Its Paypal Stealing Money From Kids
It's the holiday season, when a webmaster's mind turns to thoughts of love and charity. Take Regretsy, for example. The site collected a bit of money and began buying and sending gifts to the kids in the Regretsy community whose parents were having financial problems. In this economy, that could be just about anybody and, the Internet being the Internet, there was an outpouring of affection and donations. It warms, as they say, the cockles of the heart.Unfortunately, Regretsy used Paypal.As of yesterday, Paypal shut down the account and put a hold on Regretsy founder April Winchell's account. They also forced her to refund the money she collected, less the fees Paypal took out - twice.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jy4P5YRSKr8/
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