Payment service closes accounts of illegal traders
PayPal has closed the accounts of merchants selling pirate DVDs and Blu-ray discs in China after a joint campaign involving the online payments platform and the Motion Picture Assn. of America.The operation took place over three months and involved the co-operation of investigators from the MPAA Asia Pacific and PayPal’s brand risk management department, PayPal said in a statement. The probe revealed the majority of these merchants are based in mainland China, and that they market and ship their products directly to retail and wholesale customers worldwide. “Our action sends a strong message to all criminals that PayPal does not tolerate such illegal activity on our global payment,” said Julie Bainbridge, PayPal’s head of global brand risk management.