PayPal Bans BitTorrent Friendly VPN Provider
Found on TorrentFreak on Sunday, 24 June 2012
TorGuard, a company that offers VPN and proxy services, has been banned from using the payment processor because of its affiliation with “BitTorrent.” As a result, thousands of dollars belonging to the company have been frozen.
“It wasn’t until I called PayPal and spoke with a business account rep that they explained PayPal doesn’t allow promotion of ‘torrent trackers’,” Jason told TorrentFreak.
“We still accept all forms of credit card, Google checkout and couple of other secure wallet services. It’s ironic to use PayPal when buying a VPN/proxy anyway, they have a proven track record exploiting user’s financial info.”
Paypal is at it once again, screwing over those who use it to pay for a perfectly legal service. No court has ruled VPN networks illegal, but Paypal once again wants to police the flow of money instead of simply sticking to the laws, underlining once more that Paypal is anything but a bank as they often like to claim. Well, you can always try to file an official complaint at the CSSF.