Kyiv
American Payment company Paypal Holding Inc on Saturday suspended its services in Russia, citing Moscow’s ‘violent military aggression in Ukraine’, Paypal President and CEO Dan Schulman said in a letter to the Ukrainian government.
“PayPal supports the Ukrainian people and stands with the international community in condemning Russia’s violent military aggression in Ukraine,” the letter addressed to Deputy Prime Minister of Ukraine Mykhailo Fedorov, who is also the Minister of Digital Transformation of Ukraine.
“Under the current circumstances, we are suspending PayPal services in Russia. We are also doing all that we can to support our staff in the region during this deeply difficult time,” the letter read.
“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 support! Hope that soon you will open it in for Ukraine,” Deputy Prime Minister Mykhailo Fedorov said in a tweet.
The letter also talked about the campaigns that Paypal has launched in order to aid the humanitarian effort in Ukraine.
