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Internet payment company PayPal has let to transfer money to the Russian accounts from abroad. This will allow Russians to trade and get paid on e-Bay auction.
Pay pal has introduced Russia into its Send. Receive. list for the first time. From September 24 new tariffs for PayPal money transfers will apply in all PayPal destinations, with Russia as a new member.
The PayPal commission for money transfer to Russia will range from 0.4% to 1.5% depending on the sending nation, while domestic money transactions will cost 1%. Commissions on commercial transfers to Russia, addressed to online stores, will depend on the buyer's country, type of account used by the seller and the transferring currency. For new countries, it will range between 2.8% and 4.9%. Micro payments for electronic goods sold to Russia, will be subject to 5.4 – 6.5% commission plus the additional micro commission.
PayPal system did not work with Russian user till 2006.
Author: Irina Fomina
