PayPal Licensed To Operate In Russia

By  |  March 13, 2013
 | 

Russian regulators have approved PayPal to operate as a non-credit banking institution in the country, according to The Paypers.

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    The process of obtaining the license from Russia’s Central Bank took more than two years, eBay said. Russian consumers shopping on eBay jumped 82 percent in 2012, according to an October 2012 Reuters study.

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