International payment system will cease internal transfers in Russia


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International payment system PayPal Aug refuse internal transfers in Russia. It is reported TASS with reference to the letter of the company to the Central Bank.

It is noted that PayPal has taken such a step because of the change of the business model in Russia. Last year the profit of the company for domestic operations amounted to 4 percent. From the letter to the regulator, it also follows that the company will focus on cross-border transactions of Russian Internet users for sending and receiving payments. The Moscow office of PayPal will be saved.

Later in the Russian representation PayPal denied the information about the refusal of domestic transfers, RIA Novosti reported. “PayPal currently restricts nothing, no transfers, especially domestic. This official information was not” — said the company.

PayPal is the largest debit electronic payment system. It operates in more than 200 countries.

Video, photo All from Russia.


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