Following the wave of AmEx shutdowns for improper use of PayPal Key, AmEx has decided to ban the use of the platform entirely beginning January 4th, 2021.
Here is the email from PayPal…
“Thank you for being a PayPal Key customer. We’ve been piloting this feature with select customers in the U.S. After January 4, 2021, American Express cards can no longer be used with PayPal Key. The good news is you can change your PayPal Key payment method to your bank account, debit card, or a different credit card.We’re sorry for any inconvenience. During this piloting phase, we’re continuing to enhance and develop the PayPal Key experience and appreciate your understanding.”
While definitely a loss, not sure many were willing to poke the bear (AmEx) by using the PayPal Key loophole anymore regardless.