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Post Info TOPIC: After two years, eBay gains approval to open PayPal for business in Russia. Or not.


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After two years, eBay gains approval to open PayPal for business in Russia. Or not.


After two years, eBay gains approval to open PayPal for business in Russia. Or not.

E-commerce juggernaut eBay perhaps gained approval from the Central Bank of Russia to maybe open a domestic PayPal business and to possibly operate as a non-credit banking institution in the country.

We're not really sure, because eBay's global government relations team recently blogged about getting the license to operate PayPal in Russia, then pulled the announcement from its Main Street blog, and local representatives appear to be confused about what they're supposed to be telling press now.

Fortunately, the cached version of the blog post lives on (also see screenshot below), as do several tweets linking back to it.

read the rest

 

 

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if you look here and follow the links back,   ^ is this yet another fake PR stunt?

PayPal Seeks Permit to Operate in Russia

 

Here's what Paypal's big announcement page looks like right now:

Access denied I eBay Inc_ Main Street_20130313_c.png

 



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Exposing the sleazery of ebaY and PayPal

 

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