PayPal - Russia

PayPal RU LLC was the official Russian division of PayPal Holdings, Inc., operating as a non-bank credit institution under a license from the Central Bank of Russia. It provided a comprehensive suite of online payment services for individuals and businesses in Russia, including domestic and cross-border transactions, online checkout for merchants, and peer-to-peer money transfers. Following the Russian invasion of Ukraine, PayPal announced on March 5, 2022, that it was suspending all its services in Russia. The company cited the circumstances as the reason for its withdrawal, effectively shutting down all domestic and international payment services for Russian users.