The company will also close all accounts belonging to Russian clients and restrict money transfers to and from Russian banks, while encouraging other financial institutions and payment processors to take similar measures.
The restrictions are aimed towards Russian residents who don’t have the right to reside in another country deemed acceptable by the company’s policy. Similarly, transfers to all Russian and Belarusian banks have been terminated for all customers if the recipient is a Russian or Belarusian company. Companies registered outside Russia but with Russian main shareholders will also have their Paysera accounts terminated.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now