Tulipshare Asks PayPal End Discriminating Account Bans
Tulipshare, a mobile application that enables people to become shareholders and promote ethical change at publicly traded firms, has submitted a request to PayPal asking the corporation to alleviate account suspensions and offer non-discriminatory financial services to all users.
The American Civil Liberties Union’s (ACLU’s) efforts and a petition on Change.org requesting PayPal to stop using discriminatory tactics when suspending accounts have been followed by Tulipshare’s suggestion.
A non-exhaustive list of actions must be approved before PayPal’s Acceptable Use Policy. Still, there is no information about how to correct problems if a user wants to challenge account suspensions or deactivations.
According to Tilipshare, research has revealed that specific categories of individuals, such as sex workers and members of the black community, are disproportionately harmed by these rules. PayPal has also been accused of frequently pursuing users for First Amendment-protected speech. A user’s service was terminated for utilizing open-source software that permits anonymous communication. The corporation has blocked News Media Canada’s account after receiving cash to submit an article concerning Syrian refugees for an award.
Tulipshare requests that PayPal give more precise explanations on the number of account suspensions that may restrict the right to free expression, access to information, or financial services. Whenever put into practice, this implies that if PayPal decides to cancel an individual or business account, it must inform users in a timely and effective way of the specific Terms of Services provision that was broken and provide them the chance to appeal the decision.
Antoine Argouges, Chief Executive and Founder of Tulipshare, comments: “By not being transparent with users around their policies and reasons for exclusion from their platform, PayPal is missing out on the opportunity to service these users. This approach is not only discriminatory but also losing out on potential market share and revenue as a result. We hope to be joined by many shareholders, and we welcome other like-minded retail investors to have their say on the proposal by joining our campaign.“
