PayPal Extends Service in Ukraine

By Benzinga
March 18, 2022 Updated: March 18, 2022

PayPal Holdings Inc. expanded its services to allow Ukrainian citizens and refugees to send and receive funds from overseas from their Ukrainian PayPal Wallet in dollars, Canadian dollars, British pounds, and euros.

Reuters reports that over 3 million Ukrainians have fled since Russia launched its invasion on February 24.

Ukrainians could transfer funds from their PayPal accounts to eligible credit and debit cards.

PayPal also waived its fees on such transactions through June 30.

Previously, Ukrainian citizens could only send money from PayPal accounts.

By Anusuya Lahiri

© 2021 The Epoch Times. The Epoch Times does not provide investment advice. All rights reserved.