PayPal HK halts payments to Hong Kong pro-democracy group, citing unspecified 'excessive risks'

TL;DR

PayPay HK has halted services for the League of Social Democrats (LSD) – one of the remaining active pro-democracy groups in Hong Kong – due to unspecified “excessive risks.”The LSD announced on its Facebook page on Wednesday afternoon that it had received an email from PayPal HK Limited on September 19 about the service termination.The payment platform was cited as saying “upon review of your account we have determined there to be excessive risks involved,” adding that “[t]his matter has been reviewed at length, and our decision is final.”PayPal HK has never explained what the “excessive risks” are, according to the LSD.Chow Ka-fat, the external vice-chairperson of the LSD told HKFP that the group had not been able to accept any new donations via its PayPal account since the day it received the email, but they can still withdraw money from it.On average, LSD would receive several thousand Hong Kong dollars monthly through PayPal, Chow said, “now we have one less way [to collect donations].”Chow said LSD members were “stunned” when they first learned of the news, but soon realised that “it is meaningless to worry too much.”“It seems like even when doing business, companies have to think about who they are dealing with in advance,” Chow said.The LSD is one of the few pro-democracy organisations in Hong Kong that has remained vocal after Beijing’s implementation of the national security law, as more than 50 civil society groups have folded."

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