RT - Writers for a Jewish magazine in New York have had their paychecks frozen after PayPal flagged the transactions as a violation of US sanctions against Iran because one payment included a note referencing the country. Paychecks for nine contributors to Jewish Currents have been snarled in the ever-growing US sanctions dragnet, all because the ...

(Reuters) - PayPal, the electronic payments firm, agreed to pay $7.7 million to settle charges by the U.S. Treasury Department that it violated numerous sanctions programs against countries that include Iran, Cuba and Sudan, Treasury said on Wednesday. PayPal, owned by EBay Inc (EBAY.O), did not adequately screen its transactions for U.S. sanctions ...