Business news from Ukraine

UKRAINIAN MINISTRY OF DIGITAL TRANSFORMATION CONTINUES WORK ON BRINGING US PAYPAL TO UKRAINE

8 March , 2021  

The Ministry of Digital Transformation of Ukraine intends to resolve the issue of launching the U.S. payment system PayPal in Ukraine.

“We have been communicating with PayPal for a year now. A meeting with our team was held in Davos. We are holding Zoom meetings. There are certain questions. Ukraine, in principle, was not present on the PayPal expansion business map. I don’t want to make spoilers, but we are working on it. We ask the CEO of PayPal questions even in social networks in comments,” Deputy Prime Minister of Ukraine, Minister of Digital Transformation Mykhailo Fedorov said in the format of an Internet reception desk live on YouTube on Tuesday.

He said that PayPal shall enter Ukraine, and the Ministry of Digital Industry plans to definitely resolve this issue.