05.03.2022 20:45 Uhr, Quelle: Engadget

PayPal suspends services in Russia amid Ukraine invasion

Amid the ongoing conflict in Ukraine, PayPal has temporarily stopped offering its services in Russia, according to Reuters. In a tweet spotted by The Verge, Ukraine’s Vice Prime Minister Mykhailo Fedorov shared a letter from PayPal CEO Dan Schulman confirming the move. “Under the current circumstances, we are suspending PayPal services in Russia,” Schulman states in the letter. “PayPal supports the Ukrainian people and stands with the international community in condemning Russia’s violent military aggression in Ukraine." We received a letter from @Dan_Schulman, CEO PayPal. So now it’s official: PayPal shuts down its services in Russia citing Ukraine aggression. Thank you @PayPal for your supporting! Hope that soon you will open it in for 🇺🇦 pic.twitter.com/RaJxEMSLQe— Mykhailo Fedorov (@FedorovMykhailo) March 5, 2022A spokesperson for PayPal told Reuters the company would continue to allow withdrawals “for a period of time, ensuring that acc

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