In a letter addressed to the Ukrainian government, PayPal CEO Dan Schulman said the company was suspending its services in Russia.
PayPal said Saturday it was suspending its services in Russia, adding to the number of firms retreating from the country in response to its invasion of Ukraine. «Under the current circumstances, we are suspending PayPal services in Russia,» Dan Schulman, PayPal’s CEO, said in a letter addressed to the Ukrainian government. The letter was posted on Twitter by Ukraine’s minister of digital transformation, Mykhailo Fedorov, who has pressured businesses including Apple to Microsoft to cut ties with Russia. «So now it’s official: PayPal shuts down its services in Russia citing Ukraine aggression,» Fedorov tweeted Saturday.
