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PayPal Includes Russia

International payment system PayPal will next month begin carrying out money transfers in Russia and Ukraine, PayPal reported.

The PayPal web site has published new money transfer tariffs that will come into force on Sept. 24 and the list of countries includes Russia and Ukraine.

The fee for sending money to Russia will range from 0.5 percent to 1.5 percent depending on the country you are sending it from. Sending money within Russia will cost 1 percent.

Previously PayPal, who owns eBay, restricted money transfers to Russia. Russians could only receive money from another PayPal customer in special circumstances — for example in a refund for an item that was not received from eBay.

(Interfax)

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