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Latest News - #PayPal

PayPal stopped internal transfers in Russia

International payment service PayPal July 31, stopped internal transfers in Russia, users will now be available only for international payments.

Payment service in early July, officially announced the termination of the money transfers within the Russian Federation. Such a decision PayPal accepted against the background of changes in the law "About national payment system". Now the operators of the turnover of electronic money and their organization may not transfer data on domestic remittances abroad or provide access to such information from the territory of a foreign state.

The expert explained how to prepare for the new rules of work PayPal

PayPal, as of July 31 stops internal transfers in Russia - if clients have used this e-wallet for payments in Russian stores, donations or sending money within the country, then they should either spend the money before the end of the current month, or display them on a Bank account, reported RIA Novosti the Chairman of the Association of market participants of electronic money and remittances (de) Victor Dostov.

Payment service in early July, officially announced the termination of the money transfers within the Russian Federation. Such a decision PayPal accepted against the background of changes in the law "About national payment system". Now the operators of the turnover of electronic money and their organization may not transfer data on domestic remittances abroad or provide access to such information from the territory of a foreign state.