NEW YORK (AP) — PayPal users will be able to send money to Ukrainians, both those in the war-torn country and those who are refugees in Europe, the company said on Thursday.
Until now, Ukrainians could only use the payment platform to send money outside the country. They will now be able to receive funds and make transfers within and outside Ukraine.
A number of banks and other financial services companies have been taking similar steps to try to help Ukrainians affected by the Russian invasion.
Last week, PayPal suspended its services in Russia.
Since the beginning of the war, Americans and other supporters of Ukraine have been looking for ways to financially support Ukrainian refugees, as well as those still in the country.
People have booked accommodation in Kiev through the Airbnb platform, or have sent cryptocurrencies to Ukrainians.
Money transfer companies, such as MoneyGram and Western Union, have seen increased demand, as people look for ways to send money to their friends and family in the region.
PayPal, based in San Jose, California, stated that it will not charge fees for transfers of funds to Ukrainian accounts, or those who receive funds in Ukrainian accounts, until June 30.
Funds from a PayPal account can be transferred to the user's local bank or used as a Visa or Mastercard virtual card, which is more common in Europe than in the United States.
PayPal's Xoom international remittance service will also eliminate its transaction fees, according to the company.
Últimas Noticias
Debanhi Escobar: they secured the motel where she was found lifeless in a cistern
Members of the Specialized Prosecutor's Office in Nuevo León secured the Nueva Castilla Motel as part of the investigations into the case
The oldest person in the world died at the age of 119
Kane Tanaka lived in Japan. She was born six months earlier than George Orwell, the same year that the Wright brothers first flew, and Marie Curie became the first woman to win a Nobel Prize
Macabre find in CDMX: they left a body bagged and tied in a taxi
The body was left in the back seats of the car. It was covered with black bags and tied with industrial tape
The eagles of America will face Manchester City in a duel of legends. Here are the details
The top Mexican football champion will play a match with Pep Guardiola's squad in the Lone Star Cup
Why is it good to bring dogs out to know the world when they are puppies
A so-called protection against the spread of diseases threatens the integral development of dogs
