Google searches for the phrase ‘delete PayPal’ exploded by 1,392%, after the online payment giant announced plans to fine users $2,500 for spreading misinformation, new analysis shows.
The announcement by PayPal, which caused an uproar on social media, has since been retracted. A spokesperson for the company stating: “PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy.”
The new policy was set to come into effect on November 3 and announced that anyone who publishes misinformation about the company could be fined $2,500 per violation. The study, conducted by Financial World analysed Google search data to reveal that both ‘delete PayPal' and ‘cancel PayPal’ saw huge spikes in searches across the globe.
