Searches for ‘delete PayPal’ spike as shares plummet amid ‘misinformation’ controversy

Oct 11, 2022 | Political News

Searches for “delete PayPal” skyrocketed as controversy reigned this weekend over a policy saying users would be fined $2,500 for promoting “misinformation,” which the payment platform quickly retracted and claimed was posted in error.

Searches for the phrase exploded by 1,392% over the past few days, according to Google Trends data. Related searches of “how to cancel PayPal,” “cancel PayPal account,” “delete PayPal account,” and “how do I delete a PayPal account” spiked as well, according to Market Watch. The search interest surge was accompanied by real-world results, as PayPal's stock plummeted by over 6% on Monday. The company's stock crashed by two-thirds of its value at the beginning of this year.

Several major conservative figures led the latest outcry against PayPal, including Rep. Lauren Boebert (R-CO).