The PayPal electronic payment system announced today, that is suspending all services in Russia!
In response to the military intervention of the Russian Federation in Ukraine.
Paypal announced it on a official statement of the company, Nexta reports
* Nexta tweet in Paypal announcement
— NEXTA (@nexta_tv) March 5, 2022
“In the current circumstances, we are suspending all PayPal services in Russia,” said PayPal CEO Dan Shulman.
Adding that the company supports the international community in condemning the military operation in Ukraine.
Many large corporations, including Microsoft, IKEA, H&M, Apple and Siemens, already announced that they are suspending their activities in Russia with immediate effect.