PayPal re­stricts Wik­iLeaks ac­count as web­site comes un­der global scru­tiny

The Pak Banker - - Company& -

SAN FRAN­CISCO: PayPal Inc., the pay­ment pro­ces­sor owned by EBay Inc., cut ac­cess to­day to the whistle­blow­ing web­site Wik­iLeaks.org for vi­o­lat­ing its ac­cept­able use pol­icy.

PayPal sus­pended the ac­count af­ter the U.S. said Wik­iLeaks ac­tiv­i­ties were in vi­o­la­tion of the law, a spokesman for the com­pany said. PayPal wasn't con­tacted by any govern­ment agency and took the ac­tion on its own, the spokesman said.

PayPal's move marks a fur­ther crip­pling of Wik­iLeaks, which is re­leas­ing about 250,000 clas­si­fied diplo­matic ca­bles that the U.S., France and the U.K. say could en­dan­ger lives. Ama­zon.com Inc. dropped Wik­iLeaks from its web­site-host­ing ser­vice this week for breach­ing terms of ser­vice. "PayPal has per­ma­nently re­stricted the ac­count used by Wik­iLeaks due to a vi­o­la­tion of the PayPal Ac­cept­able Use Pol­icy, which states that our pay­ment ser­vice can­not be used for any ac­tiv­i­ties that en­cour­age, pro­mote, fa­cil­i­tate or in­struct oth­ers to en­gage in il­le­gal ac­tiv­ity," PayPal said in a blog post­ing. "We've no­ti­fied the ac­count holder of this ac­tion."

Wik­iLeaks had an ear­lier run-in with PayPal in Jan­uary, when it was tem­po­rar­ily blocked. The pay­ment pro­ces­sor cut the or­ga­ni­za­tion's ac­cess af­ter it failed to re­spond to a request for more in­for­ma­tion when fundrais­ing ef­forts trig­gered an in­flux of money. The flood of cash trig­gered au­to­matic money-laun­der­ing alerts, though the sit­u­a­tion was re­solved about a day later, the spokesman said. Ama­zon, the Seat­tle-based on­line re­tailer and Web-host­ing ser­vice, said that Wik­iLeaks had vi­o­lated its terms of ser­vice by post­ing ma­te­rial it didn't own and that it was po­ten­tially "putting in­no­cent peo­ple in jeop­ardy."

Wik­iLeaks' U.S. site was shut down af­ter elec­tronic attacks threat­ened the sta­bil­ity of ac­cess to other web­sites, ac­cord­ing to EveryDNS.net, the U.S. ser­vice that trans­lates on­line ad­dresses to In­ter­net pro­to­col num­bers.

Since it be­gan re­leas­ing the ca­bles on Nov. 28, Wik­iLeaks also has faced so-called de­nialof-ser­vice attacks, where hack­ers at­tempt to over­whelm a web­site with re­peated re­quests for data. More­over, On­line pay­ment ser­vice PayPal in­di­cates that 2010 will be the biggest Christ­mas yet for Aus­tralian on­line re­tail­ers, as more Aus­tralians will be shun­ning long lines, park­ing chaos and early morn­ing starts in favour of Christ­mas shop­ping on­line.

PayPal in­di­cates that 2010 will be the biggest Christ­mas yet for Aus­tralian on­line re­tail­ers, as more Aus­tralians will be shun­ning long lines, park­ing chaos and early morn­ing starts in favour of Christ­mas shop­ping on­line.

Ac­cord­ing to a re­port re­leased by Paypal, the Aus­tralian eCom­merce mar­ket is set to reach AU$36.8 bil­lion by 2011, with 2010 on­line sales peak­ing this Christ­mas.

The on­line pay­ment se­vice at­tributes this to the com­bi­na­tion of the con­tin­u­ally strong Aussie dol­lar, the in­creas­ing num­ber of Aus­tralian re­tail­ers that have ex­panded their of­fer­ings on­line and the growth in con­sumer con­fi­dence when shop­ping on­line. These fac­tors have cre­ated what Paypal dubbed as the "per­fect storm" for the suc­cess of on­line re­tail this Christ­mas.

PayPal spokesper­son Adrian Christie said: "There is no doubt that the con­sumer­friendly cli­mate has cre­ated a surge in on­line shop­ping. Devel­op­ment of in­no­va­tive tech­nolo­gies are also driv­ing growth in on­line re­tail and we are see­ing huge growth in the adop­tion of mo­bile com­merce."

The PayPal eCom­merce Se­cure In­sight Re­port, a re­search con­ducted by Lead­ing Edge and For­rester Re­search, in be­half of the on­line pay­ment ser­vice also shows that Aus­tralians pre­fer to buy their fes­tive wares from home grown re­tail­ers, de­spite the strong Aus­tralian dol­lar. -PB News

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