PayPal does care about their image and with the recent press that Patreon received over their botched idea of charging fees to customers rather than on the creators, put Patreon more fully on the radar of groups that are likely to create trouble when discovered that Patreon's content also include hardcore adult content and resulting pressure would likely cause PayPal to harden their stance and efforts to avoid public outcry.
Sorry, but it's a total none sense. Patreon changed their guideline at the end of October, and hardened their action slowly but surely since this date, while their failure with the fees was at the start of December.
Who's the secret owner of a time travel machine ? Paypal or Patreon ?
What Patreon has been able to accomplish with PayPal in being able to conduct transactions for adult services is notable and unique, [...]
Must be why, like I said, Patreon had to fought during three years to achieve it...
PayPal must adhere and remain faithful to their Terms of Service contract that they have all potential merchants agree too, it only takes the fact that those terms are being ignored for Patreon from anyone in the media to create a hassle that PayPal would seek to avoid.
It would be right if Patreon ignored them, which isn't the case. For adult content, Patreon use Braintree, not directly Paypal, as stated by the agreement between Patreon and Paypal. That Patreon failed hard with their communication, alright. Stating that "creators with the Adult Content flag can accept payments from patrons using PayPal!", which isn't technically the truth, wasn't the best thing to do. And it's probably the same thing for their interface.
But this was one and half a year ago, and it made enough noise around the world to come back to the Paypal active watch team. Like this noise included some weird things, which can still be easily found nowadays, Paypal knew that they made a not really good decision. If they really wanted to move, they would have done it before, not let their reputation slowly go down. Like you said yourself, they are fast to react... and 18 months isn't fast at all.
As for the reserve, Patreon provided it as part of the
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, and if Braintree wanted to raise the said reserve, it shouldn't be a problem either, since Patreon achieved to raise
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(some source say goes up to $70) in the middle of September. The simple fact that they achieve to raise this amount mean that the reserve isn't a real problem. If it wasn't the case, the investors wouldn't have take the risk. Note that the main investor is the same in both case, so they are fully aware of the situation, since the first raising was clearly done, at least partially, to cover the reserve asked by BrainTree.
Regarding BrainTree, Patreon strictly follow
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:
We can sometimes minimize our financial exposure enough to allow merchants with high-risk business models to process with us. Two of the most common ways we do this are covered below.
Require a personal or corporate guarantee
[...]
Establish a reserve
[...]
Rules which don't include restriction regarding the content. After all, BrainTree is here to let Paypal have a part of the high-risk transaction cake...
So, once again, why Patreon changed their rules in October ? It's clear that they strictly enforce them now because of all the noise their move made, but it still don't explain why they initially did it. And, no, it wasn't because of Paypal... I understand that you dislike them a lot, but it's not enough to goes against the facts...