Central bank widens road for cross-border payments and commerce

The legal firewall blocking access for Ukrainians to international banking and online payment systems is set to come tumbling down as the National Bank of Ukraine removed a number of barriers in cross-border payments and commerce.

E-payment systems like PayPal can now fully operate in Ukraine. Previously, Ukrainians could purchase goods abroad using PayPal, but it was illegal for them to receive payments on their accounts.

Central bank widens road for cross-border payments and commerceRead More
Topics: E-commerce, E-payments, International, Legal, Legislation & regulation, News, Payments & fintech, Policy making
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