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PayPal is prohibiting all intra-Russian transactions in 2 weeks

12 pointsby cab404almost 5 years ago

1 comment

ColinWrightalmost 5 years ago
From Google Translate:<p><i>PayPal stops processing domestic payments.</i><p><i>Starting July 31, PayPal disables all domestic payments in Russia.</i><p><i>PayPal will focus on international transfers to &#x2F; from Russia (s), which account for a large share of PayPal&#x27;s business in Russia.</i><p><i>Foreign (international) payments always accounted for a large share of PayPal&#x27;s business in Russia. Having assessed the current state of the business, we decided to focus on international transfers and stop processing internal payments between account holders in Russia. Users, as before, will be able to take advantage of the global PayPal network, with more than 300 million customers.</i><p><i>Transactions related to the payment of goods in Russian stores or the transfer of funds between Russian users will be automatically rejected. You, as before, will be able to send and receive cross-border electronic transfers.</i><p><i>The change is due to take effect on July 31. Users will receive a notification of a change in the User Agreement at least 14 days before.</i>