PayPal shuts down services in Russia early on Saturday morning, according to the statement, obtained by Reuters.
“Under the current circumstances, we are suspending PayPal services in Russia,” President and Chief Executive Dan Schulman said in a statement. He added that the company “stands with the international community in condemning Russia’s violent military aggression in Ukraine.”
In addition, Mykhailo Fedorov, Vice Prime Minister and Minister of Digital Transformation of Ukraine shared an official letter from Paypal in his tweet, praising the decision and hoping that soon PayPal will start operation 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, 2022
You can also help Ukraine fight with Russian occupants via Savelife.