PayPal expands payments services to help Ukrainian citizens, refugees

The PayPal logo is seen on a smartphone in front of the same logo displayed in this illustration taken September 8, 2021. REUTERS/Dado Ruvic/Illustration

WASHINGTON (Reuters) - PayPal Holdings Inc on Thursday expanded its services to allow Ukrainian citizens and refugees to receive payments from overseas, a move a senior Ukrainian official called a huge help as Russian forces continued to attack the country.

PayPal Chief Executive Dan Schulman told Deputy Prime Minister Mykhailo Fedorov in a letter that Ukrainians would also be able to transfer funds from their PayPal accounts to eligible credit and debit cards. The company has waived its fees on such transactions through June 30.