In an interview with Reuters on Wednesday, Ukraine's deputy
minister for digital transformation Alexander Bornyakov called on PayPal to
take more sweeping action and shut down entirely in Russia.
"If PayPal supports democratic values, it should go out
from Russia," he said.
The PayPal spokesperson said the company, like many of its
peers, is still actively navigating the implications of sanctions.
US-based payment card firms Visa, Mastercard, and American
Express along with mobile payment providers Apple Pay and Google Pay, have
blocked multiple Russian financial institutions due to government sanctions. It
could not be immediately learned whether any have blocked new Russian accounts.
Moscow has responded to sanctions by blocking foreign
investors, who hold tens of billions of dollars worth of Russian stocks and
bonds, from exiting.
Ukraine's Bornyakov and his colleagues also have sought
PayPal's help in soliciting donations.
But Ukraine's emailed request to PayPal, seen by Reuters,
focused on raising funds for the Armed Forces of Ukraine. PayPal bars uses tied
to ammunition and firearms.
PayPal is supporting users in Ukraine through cross-border
transactions and its Xoom service for international money transfers, the
spokesperson said.
"Since this crisis began, PayPal has actively worked to
enable donations to non-profit fundraising efforts in support of Ukrainian
humanitarian relief efforts," the company said in a statement. © Reuters
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