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Benzinga
Benzinga
Bibhu Pattnaik

Latest On Russia-Ukraine War: Paypal Suspends Service In Russia; Ceasefire Violated

Russia PayPal Ukraine

PayPal Holdings Inc. (NASDAQ:PYPL) on Saturday announced that it is halting its operations in Russia, joining a growing number of companies responding to the Ukrainian invasion. 

Latest Developments: PayPal is the latest payment organization to cut ties with Russia. "Under the current circumstances, we are suspending PayPal services in Russia. The company stands with the international community in condemning Russia's violent military aggression in Ukraine," PayPal President and Chief Executive Dan Schulman said in a statement. 

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