PayPal asked the Russians to withdraw funds from their accounts | News from Germany about Russia | DW

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PayPal, which owns the payment service, has urged Russian users to withdraw the balance of funds from their accounts by March 18, 2022. Russian customers are being asked to take this step “to minimize potential further service disruptions,” the company said in a statement posted on its website on Saturday, March 12.

Since March 5, PayPal has stopped providing services to Russian users, joining other financial and technology firms that have suspended their activities in Russia amid the war in Ukraine.

The company is “in solidarity with the international community in condemning Russia’s violent military aggression in Ukraine,” the president and CEO of PayPal Holdings Inc. said at the time. Dan Shulman. Since March 2, the service has stopped registering new users from the Russian Federation.

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