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Stock impact report

PayPal sorry after telling dead woman she violated contract [CBS News]

PayPal Holdings, Inc. (PYPL) 
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
Company Research Source: CBS News
PayPal apologizes after telling dead woman she's in breach of contract PayPal likes to get paid, even if you're dead. The online payments system has apologized after mailing a letter to a woman in the United Kingdom three weeks after her death was reported to the company, CBS Seattle reports . Lindsay Durdle, who lived in West Berkshire, England, died of cancer in May at the age of 37. Her husband, Howard, informed PayPal of her death three weeks ago, the BBC reports . He provided PayPal with copies of her death certificate, her will and his ID, as requested. PayPal replied with a letter addressed to his late wife, informing her she still had an unpaid balance in her account and that her death constituted a breach of contract. It was headlined: "Important: You should read this notice carefully." "We have received notice that you are deceased… We are entitled to close your account, terminate your agreement and demand repayment of the full amount," the notice reads, according to Howard, Show less Read more
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