In the wake of the PayPal's "$2,500 Fines for Misinformation" scandal, thousands of people have cancelled their PayPal accounts, including me (see my open letter to PayPal). I can no longer trust PayPal as a company, and consider PayPal potentially dangerous to myself and others who may hold political, religious, or social views contrary to what they deem acceptable.
Many of us are now looking for alternatives to PayPal. One possible alternative is GabPay (hat tip to The Old Sarge for making me aware of this alternative). To be honest, I know very little about GabPay, and do not yet have a GabPay account myself. I did receive the following information on GabPay via email from Gab, and thought I would pass it on to my readers so they can investigate if GabPay is a good fit for them.
In October of 2018 Gab was banned from Paypal. The email we received from PayPal said that the company had opted to pursue its decision as part of its “right to terminate your account for any reason and at any time upon notice to you.” Just like that a major source of our revenue was cut off from our business. From that moment forward we decided that we would never allow something like this to happen again. Not to Gab and not to anyone else who shares our values.
An alternative to Paypal has never been more important now that the ADL will be combing through your financial transactions and ruining people’s lives for financially supporting people and organizations they don’t like. This week Paypal caught tremendous backlash after it was announced that their new terms of service had a clause that would fine users $2500 for "misinformation." Paypal later claimed that this was a "mistake" and changed course.
We don't believe them, and neither should you.
The Paypal Alternative
What is the GabPay App?
The new GabPay App is a Person to Person payment network. The new app allows users to instantly transfer money from nearly any bank account in the United States to anyone or any business with a cell phone or email
How Does It Work?
The app is simple in nature. Transfer funds from a bank account, hold a balance, send and spend with any other user, receive instantly, or cash the amount you have out to nearly any financial institution in the USA. Yes, we said instant. All transactions on the app are instant* and final, with no chargebacks!
What Does It Cost?
We know money is important to you, and we have our eye on the ball. We add a small fee of 1.9% plus $0.15 when you transact. You help support the network and the new Parallel Economy. You can pay, choose to have the other party pay, or split it.
Can I Send Money To Someone Who Does Not Use GabPay?
Note from Tim Gamble: I am not affiliated with GabPay in any way, and do not receive any form of compensation or consideration from Gab or GabPay to pass on this information to my readers.
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