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PayPal Holdings Inc (NASDAQ:PYPL) Suspends Accounts Linked To Make Payments For Freelancers For Writing Content For Peace Data, A Russian Operation

PayPal Holdings Inc (NASDAQ:PYPL) terminated at least 4 accounts associated with a Russian influence operation.

According to data obtained by the Business Insider, the freelancers are duped into writing the content for Peace Data, a progressive website linked to the Russian operation. The freelancers, who worked for Peace Data, received $100 per each article from PayPal through a transaction associated with a separate Gmail account.

Recently discovers the dubious operation

PayPal recently understood that the writers in the US and the UK are paid through it for the content, which is purportedly written to sow discord in the West, and terminated the accounts.

Facebook suspends a page linked to Peace Data

Facebook, Inc. (NASDAQ:FB) also suspended a page associated with Peace Data on Tuesday on receiving a tip from the FBI. According to the available information, the site is associated with the individuals, who previously worked for RIRA (Russian Internet Research Agency). The Senate Intelligence Committee said earlier that RIRA engages in sowing discord in the US.

Peace Data holds a plethora of content from reputed journalists. The content includes supporting information for the geopolitical agenda. According to the information gathered by the Business Insider on September 8, 2020, the writer is duped into delivering content for a prominent website and promised the payment of $200 for each article. In contrast to the promise, the writer received only $100 per article. The writer shared the screenshot of transactions carried out through PayPal to the Business Insider. Another writer also confirmed the receipt of $100 for each article.

A spokesperson of PayPal said the company is acting swiftly in investigating the matter and restricted the accounts related to Russian Influence. He further said, PayPal has a team inhouse for detecting, investigating, and preventing unlawful activities on its platforms. The company prudently works with law enforcement agencies in preventing illicit activities worldwide.

Peace Data responded to the allegations linking the company to a Russian operation that it is shocked about the charges levied on it by Facebook, FBI, and PayPal.

PayPal unveils an interest-free buy now and pay later

PayPal introduced a new scheme buy now and pay later in 4 installments without any interest. The merchants in the US can use this program to improve their sales with no additional free. It is an attractive option for the consumers to buy and pay at a later date without any interest.

Published by Fiona Gibson

Fiona is a finance graduate and an expert in analyzing market trends.

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