“PayPal supports the Ukrainian people and, like the international community, condemns military aggression in Ukraine,” said PayPal CEO Dan Schulman to Ukraine’s Minister of Digital Transformation Mykhailo Fedorov.
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For the time being, residents of Russia can still withdraw money from their PayPal account, but that’s it. The Ukrainian government had called on PayPal to take measures and the company is therefore responding. PayPal also says that their platform has already raised more than $150 million (137 million euros) for charities in Ukraine.
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