Payment processor · Europe
Does PayPal work in Russia?
PayPal does not onboard businesses registered in Russia.
What a business in Russia can use
PayPal’s products, for a company incorporated in Russia.
PayPal wallet, cards and (in the US) Venmo at checkout, with buyer and seller protection.
Mass payouts to PayPal and Venmo accounts worldwide. Bank payouts go through Hyperwallet.
Hold balances in 20+ currencies inside a PayPal business account.
PayPal Business Debit Mastercard.
US businesses can accept crypto through Pay with Crypto and hold PayPal USD (PYUSD).
US businesses holding PayPal USD (PYUSD) in their PayPal balance can opt in to rewards of around 3.7–4% a year, funded from the stablecoin’s reserve interest. Not available in New York.
PayPal publishes a seller country table. In countries it marks “send only”, businesses can pay but cannot receive payments. PayPal suspended its services in Russia in March 2022.
Onboarding confidence: medium. Source: PayPal worldwide. Everything about PayPal
Alternatives in Russia
Other providers that serve businesses registered there.
None of the other providers we track onboard businesses registered in Russia.
Selling to Russia
How people there prefer to pay online.
- 1Mir cards
- 2SBP (Faster Payments System, incl. QR)
- 3SberPay / Tinkoff Pay
Stablecoin rules in Russia
Using stablecoins to pay is banned or tightly restricted.
PayPal’s stablecoin products are not available to businesses here.
Common questions
Does PayPal work in Russia?
No. PayPal does not onboard businesses registered in Russia.
What are the alternatives to PayPal in Russia?
None of the other providers we track onboard businesses registered in Russia.
Can a business in Russia use PayPal for stablecoins?
No, according to our data. Stablecoin rules in Russia: Restricted (high risk). Crypto cannot be used to pay for goods and services inside Russia. Sanctions also cut Russian users off from most global platforms.
PayPal elsewhere in Europe