British MP Wants Law to Stop Digital Payment Firms Like PayPal Withdrawing Service Over Political Views
A new clause could make it illegal in the UK for companies like PayPal to demonetise individuals or organisations for political reasons.
On Thursday, Conservative MP Sally-Ann Hart presented an amendment to the Financial Services and Markets Bill, which would make it illegal for a financial services provider to withhold or withdraw service from a customer if it’s related to their freedom of expression.
Hart told The Epoch Times by email that the “digitalisation of financial transactions has placed an unprecedented amount of power in payment service providers.”
The new clause is expected to be discussed this week.
In September, the U.S. online payments system PayPal faced political pressure when it closed the accounts of several British campaign and journalist groups without a clear explanation….