Paypal has already made it known they will no longer process adult subscriptions. That was effective last month.
What GonZo is referring to is a case of someone who was using Paypal strictly for B2B, but it was all adult B2B. This guy was doing graphic design and letting people pay thru paypal and despite assurances from higher-ups paypal, they froze his funds and shut him down.
Now there may very well be more to that story than meets the eye. But Paypal has always been quick to freeze funds if there's a lot of money involved and/or there is "unusual" activity, complaints, etc. And it's pretty clear they do not want to be associated with adult. The key to getting along with them seems to be staying below their radar.
I'm still using them myself, it is an excellent payment tool, but I am very cautious to sweep all of the money out of there on a very regular basis.
|