FinancePersonal Finance

Paypal in Russia: opportunities and limitations

Paypal is deservedly the leader among the financial operators of the Internet, one of the first to give customers the opportunity to make payments via e-mail or connected to a network of mobile phones. More than one hundred million users around the world have estimated the capabilities of this system, which guarantees full security of funds on accounts and security of transactions.

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

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

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

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

The sale of prepaid cards for the use of Paypal in Russia is effected through instant service terminals or by other available means. If you do not want to trust the data of your card, you can use it. However, there is no guarantee that the security service will miss the payment without the user's personal data and you will not lose your account.

Despite a number of restrictions for Paypal customers in Russia, it is still possible to accept payments, in addition, the system automatically converts the currency at the company's internal rate. To pay for hosting services or making purchases in online stores cooperating with Paypal, this reliably protected service fits as well as possible. Due to the existence on the site of the center for resolution of problems, any client can clarify a disputable situation or make a claim to an unfair 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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