×
66 667
Fashion Jobs
L BRANDS
Project Manager - Store Operations, Procurement
Permanent · Reynoldsburg
AESOP
Retail Consultant | nw 23rd Avenue
Permanent · Portland
MICHAEL KORS
Part-Time Sales Supervisor-Keystone, in
Permanent · Indianapolis
NEIMAN MARCUS
E-Commerce Data Coordinator
Permanent · Irving
BANANA REPUBLIC
General Manager - Phoenix Premium Outlets
Permanent · Chandler
BANANA REPUBLIC
General Manager - Tanger Outlets at Hershey
Permanent · Hershey
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Smyrna
KOHLS
Loss Prevention Hospitality Guard - Part Time (Weekends)
Permanent · San Antonio
MACY'S
Manager, Operations Sun-Wed 6:30pm-5:00am
Permanent · Portland
MACY'S
Asset Protection Detective, Roosevelt Field - Part Time
Permanent · Garden City
MACY'S
Asset Protection Captain, Old Orchard - Full Time
Permanent · Skokie
MACY'S
Senior Manager, Regional Fulfillment - sw
Permanent · Plano
MACY'S
Asset Protection Detective, University Town Center - Standard Part Time
Permanent · San Diego
MACY'S
Beauty Account Coordinator - Estee Lauder, Northpark Center - Full Time
Permanent · Dallas
MACY'S
Asset Protection Security Guard, Staten Island - Part Time
Permanent · New York
MACY'S
Manager, Merchandise Execution
Permanent · Aventura
MACY'S
Asset Protection Security Guard, Bay Plaza - Part Time
Permanent · Bronx
TJX COMPANIES
sr. Product Owner, Selling & Payments
Permanent · Marlborough
ATHLETA
Project Manager, Product Operations And Strategic Projects (Remote)
Permanent · San Francisco
ATHLETA
sr Analyst, Stores Finance - Athleta
Permanent · San Francisco
NEIMAN MARCUS
Buyer, Designer Handbags
Permanent · Dallas
NEIMAN MARCUS
Sales Manager, Ladies Shoes - Bal Harbour
Permanent · Bal Harbour
By
Reuters API
Published
Mar 3, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

PayPal stops accepting new users in Russia

By
Reuters API
Published
Mar 3, 2022

Online payments company PayPal Holdings Inc stopped accepting new users in Russia on Wednesday given current circumstances, a company spokesperson told Reuters.


Reuters


PayPal, which only allows cross-border transactions by users in Russia, had already blocked some users and some of the country's biggest banks following sanctions by the United States and other countries in response to Russia's invasion of Ukraine. Russia has called the move a "special operation."

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.

U.S.-based payment card firms Visa Inc, Mastercard Inc and American Express Co 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.

© Thomson Reuters 2022 All rights reserved.