PayPal is expanding the services available to its Ukrainian users and waiving fees to help with humanitarian efforts in the country during Russia’s ongoing invasion. According to a news release, Ukrainians will be able to send and receive peer-to-peer PayPal or Xoom payments, and the company won’t apply its normal fees to either side of the transaction (h/t CNN Business).
PayPal also says that it’s giving Ukrainians the ability to transfer money out of their accounts onto Mastercard and Visa cards. Citizens who have fled the country will also be able to access these features if they set up a Ukrainian PayPal account. The company says Ukrainians will be able to send and receive funds in US and Canadian dollars, as well as British pounds...
