PayPal suspends services in Russia, condemns Ukraine invasion"PayPal supports the Ukrainian people and stands with the international community in condemning Russia's violent military aggression in Ukraine."
What you need to know
PayPal is suspending its services in Russia.
The company condemned Russia's invasion of Ukraine.
Customers will be able to withdraw money for a period of time.
PayPal has announced that it is suspending its services in Russia due to the ongoing invasion of Ukraine.
"PayPal supports the Ukrainian people and stands with the international community in condemning Russia's violent military aggression in Ukraine," CEO and President Dan Schulman said in a statement to iMore. "PayPal has been working closely with governments and partners to actively comply with all applicable laws and sanctions. Under the current circumstances, we are suspending PayPal services in Russia." Specifically, the company says its suspension pertains to its remaining send and receive services and its international remittance service Xoom in R...
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PayPal suspends services in Russia, condemns Ukraine invasion
