Commission-Free “PayPal” for Ukraine

by Olha Povaliaieva
Tuesday, June 28, 2022
Commission-Free “PayPal” for Ukraine

"PayPal" has extended international payments with zero commission for Ukrainians

At the end of March, PayPal was officially launched in Ukraine. During this time, more than 200.000 accounts of individuals were created, to the accounts of which more than $200 million was received from abroad. The level of the amount is explained by the fact that citizens of other countries will actively donate to help Ukraine and help buy food and basic necessities for those affected by the war.

All this time, transfers took place on an interest-free basis for a period of 3 months. But 3 months are over and PayPal has decided to extend the favorable terms of transfers so that even Ukrainians abroad can continue to make contributions to the Ukrainian army, charitable foundations, or another Bayraktar.

Now Ukraine needs the opportunity to open PayPal for legal entities because in this way, we will be able to develop our business, and Ukrainian companies to expand the geography of their turnover outside our country.

You will be interested