PayPal comes to Russia

PayPal calls customers around, informing them of innovations in late August - early September.

From good:

• Operations with banks will be available to residents of the Russian Federation
• It will be possible to have ruble accounts

From not very pleasant:

• Within 2-3 days account operations will be limited, incoming transactions will not be affected, outgoing will not work
• We must decide what to do with the current balance on the account

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The fate of the existing balance is proposed to be solved in one of the following ways:

• You can display everything before making changes.
• You can convert everything to rubles.
• You can change nothing and leave as is, in the current currency

It is not entirely clear what will be done with the balance “by default” if, for example, the client cannot get through to the phone.

In any case, the news is extremely positive and promising, many network operations will be easier, faster and safer.