This Is All Kinds Of Wrong of the Day: Etsy spoof site Regretsy thought it was doing a fairly straightforwardly nice thing when it decided to accept donations from readers in order to fund presents for the less-fortunate children of other readers.
And it was!
Except, instead of using a PayPal “buy” button for the donations, it used the seemingly better-suited “donate” button, which is actually reserved for the exclusive use of nonprofit orgs. Regretsy is a for-profit site.
So what, right? Wrong: PayPal shut down Regretsy’s Christmas-for-Poor-Children fund, forcing it to return everyone’s money. Worse still, PayPal kept a portion of the transaction fees for themselves. I know!
Needless to say, the Internet is pissed.
What now? Says Regretsy’s Helen Killer: “I am very sorry to say that at this point, I am not able to make a monetary gift to the families. They have frozen everything that was not already spent or donated, and I have no more funds to make a gift of that size.”
tl;dr: PayPal canceled Christmas.
For those who want to read more, Green Geek Girl has a really long write-up on why PayPal is even more wrong than you think.