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PayPal to stop the payment of support is on PornHub models

FILE PHOTO: The German head office for the electronic payments division, PayPal, will be shown on the Europarc Dreilinden business park, located south of Berlin in Kleinmachnow, Germany, on August 6, 2019. REUTERS/Fabrizio Bensch/File Photo

(Reuters) – PayPal’s Holdings, Inc. (PYPL.(O) said on Thursday it had stopped payment of support to PornHub models to find the adult entertainment site created for a particular payment, without the consent of the payment processor.

“After some research, we discovered that PornHub has its own payments through PayPal, without the consent of the us. We need to take action in order to stop these transactions,” PayPal said in an e-mail statement.

PornHub is the property of a privately owned, Canadian company, MindGeek, he said that it was “destroyed due to PayPal’s decision to stop payments for more than a hundred thousand artists who rely on them for their livelihoods”.

MindGeek did not respond to a Reuters request for comment.

Reporting Vibhuti Sharma in Bengaluru; Editing by Arun Koyyur

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