PayPal is suspending its companies in Russia in response to the nation’s “violent navy aggression in Ukraine,” based on a report from Reuters. Ukraine’s vice prime minister Mykhailo Fedorov tweeted out a letter from PayPal CEO Dan Schulman, confirming the corporate’s choice to close down its operations in Russia.
We obtained a letter from @Dan_Schulman, CEO PayPal. So now it’s official: PayPal shuts down its companies in Russia citing Ukraine aggression. Thanks @PayPal on your supporting! Hope that quickly you’ll open it in for pic.twitter.com/RaJxEMSLQe
— Mykhailo Fedorov (@FedorovMykhailo) March 5, 2022
“Underneath the present circumstances, we’re suspending PayPal companies in Russia,” Shulman says within the letter. “We’re…
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