Paypal in Russia: opportunities and limitations

Paypal in Russia: opportunities and limitations
Paypal in Russia: opportunities and limitations

Video: Paypal in Russia: opportunities and limitations

Video: Paypal in Russia: opportunities and limitations
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Paypal is deservedly a leader among Internet financial operators, one of the first to provide customers with the ability to make payments using e-mail or mobile phones connected to the network. More than a hundred million users around the world have appreciated the capabilities of this system, which guarantees the complete safety of funds on their accounts and the security of transactions.

Paypal in Russia
Paypal in Russia

Paypal started its activity in Russia in 2006. Unfortunately, not all the company's services are available to our fellow citizens, but the quality of the service and its prevalence on online auctions attract many buyers who cooperate with foreign suppliers.

Why is Paypal needed in Russia? First of all, to pay for goods and services, including at the well-known eBay auction. Insurance of users' personal accounts makes sending a payment as secure as possible, and a request for receiving it gives the right to send letters to debtors.

Conclusionpaypal in russia
Conclusionpaypal in russia

Registration on the Paypal website in Russia is free, a user account with a domestic IP appears in Russian. For another choice, there is a button in the upper right corner. When filling out the questionnaire, you must provide reliable data, otherwise the account may be blocked. The registration procedure itself is quite simple, after filling in all the fields, you need to follow the link of the letter sent to the site and enter the details of the credit card. The account balance always shows zeros, since payments by citizens of the CIS countries are made directly from the card.

Recently, the company's attitude towards Russian customers has somewhat softened, and users can accept payments without withdrawing them from the system and using them for further payment. Paypal withdrawal in Russia is possible only to a US bank account. Technically, this can be done by issuing a card in the American Payoneer system. This service operates in Russian, the issuance of the card itself takes no more than a month. US corporations allow you to transfer funds to the system account, and then you can dispose of them at your discretion.

Paypal in Russia accepting payments
Paypal in Russia accepting payments

The sale of prepaid cards for using Paypal in Russia is carried out through instant service terminals or in other available ways. If you do not want to trust the system with your card details, you can use this. However, there is no guarantee that the security service will skip the payment without the user's personal data and you will not lose your account.

Despite a number of restrictions forPaypal customers in Russia, it is still possible to accept payments, in addition, the system automatically converts the currency at the company's internal rate. For paying for hosting services or making purchases in online stores that cooperate with Paypal, this secure service is the best fit. Thanks to the existence of a problem resolution center on the site, any client can clarify a disputed situation or make a claim to an unscrupulous seller.

Before you start using the service, you must carefully read the user agreement and do not violate its requirements, otherwise your account will be blocked.

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