Google searches for 'delete PayPal' and 'cancel PayPal' have risen since the $2,500 misinformation fine controversy unfolded.
Many PayPal PYPL, -6.27% users appear ready to cash out after the company released a controversial policy change — which it now says was in error — that would fine users $2,500 for spreading misinformation.
The Financial World news portal also reported that global Google searches for “delete PayPal” spiked 1,392% after the AUP announcement and the company’s subsequent apology, according to Google Trends data. So in order to protect their money, some people began looking into how to pull their cash and personal data, and cancel their PayPal accounts.
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