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PayPal: 'Aggressive changes' coming to frozen funds policy

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PayPal has announced some major changes regarding frozen funds policy in the coming months. Linked articles could be interesting also for some people here and LEB hosting industry in general.

Nayar said he can't go into specifics about what will change, but transparency is a major focus. "We want to be clear about how people can get out of the [frozen funds] situation," he said. "We need to get better about helping people, or explaining why actions are being taken."
"There's a guilty until proven innocent bias to it, and that needs to change," he said.

http://money.cnn.com/2013/01/21/technology/paypal-frozen-funds/index.html

http://techcrunch.com/2013/01/11/paypal-jay-lake-apology/


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