Business

PayPal Settles DOJ Accusations

Updated 2026-05-12 19:35 UTC 1 source Negative

PayPal has agreed to a $30 million settlement with the Justice Department over accusations of bias in favor of minority-owned businesses. The company will waive processing fees on $1 billion worth of transactions.

Coverage timeline — 1 article
The Hill
PayPal is expected to launch a new initiative waiving processing fees on $1 billion's worth of transactions at the value of $30 million after signing a Tuesday settlement with the Justice Department to resolve concerns about its previous commitment to support minority-owned businesses.  In 2020, the
2026-05-12 18:59 UTC
Share: Twitter / X LinkedIn