The best known payment service provider on the Internet is undoubtedly PayPal. The company was founded by Peter Thiel, who built up the data collector Rapleaf. He was one of the investors who played a decisive role in the development of Facebook and Ebay and is a member of the Steering Committee of the Bilderberg Conferences. His credo is a total personalization of the Internet.
WhyPayPal loves you
Using PayPal. com is the opposite of online privacy. With each payment transaction, a link is created between personal data (e-mail address, account details) and purchased goods. The data is transferred to more than 100 companies for the purpose of monitoring money transfers.
PayPal. com uses its market position to assert US political interests. According to the US embargoes, Internet users in more than 60 countries are banned. Wikileaks’ accounts were banned from the international scene. In addition, there are many other cases. More than 30 German online merchants were banned from their accounts because they offered Cuban products (cigars, rum, ashtrays) in Germany. The ban was justified by an American trade embargo against Cuba, which is irrelevant to Europeans.
From online to offline – the Amazon way
Due to this political instrumentalization, Anonymous has called for a boycott of PayPal.com and appealed to users to cancel their accounts with this payment service. 35,000 PayPal users are said to have followed the call immediately. In the future, PayPal. com wants to be present in the real world as well. The payment system is supposed to replace the wallet in, as Ebay boss John Donahoe said, of course, with the usual snooping: “Using PayPal in the stores could help retailers learn more about their customers’ preferences and better serve them.”