Russia mulls restrictions on PayPal
The Russian lawmakers are mulling restrictions on foreign payment systems offering money transfer and transaction services on the Internet, the Moscow-based Izvestia newspaper reports.
The proposed restrictions may concern the US PayPal and London-based Webmoney payment systems.
PayPal received a license from Russia’s Central Bank last May.
A bill on changes to the existing legislation regulating the activity of online payment systems is currently being prepared by the State Duma Committee on Budget and Taxes.
