Paypal seeing an opportunity in a crisis, one of wanting to manage the US Governments distribution of $1200 Coronavirus stimulus payments to every adult American who earns under $75,000 per year and $500 for each child and thus have started a campaign of buttering up the public and politicians in allowing PAYPAL access to YOUR STIMULUS FUNDS including sending out emails to account holders full of promises of help in this time of national crisis.
However, there is a fly in the ointment as $360 billion would be a lot of money to be potentially parked in Paypal’s coffers! That’s before any transaction fees are applied. Therefore, there is a high risk of corporations such as Paypal seeing such a vast sums of funds as an opportunity to capitalise upon through limiting account holders access to stimulus funds.
www.sgtreport.com/2020/04/warning-paypal-making-a-grab-for-us-1200-stimulus-payments/