How thousands of small Ukrainian entrepreneurs find creative ways to use PayPal

By Denys Krasnikov / October 5, 2018

PayPal is a convenient internet-based money transfer service popular in the West. But PayPal doesn’t work in Ukraine. While Ukrainians can use the service to send funds to other PayPal users, they can’t receive money.

So thousands of small Ukrainian entrepreneurs have to be creative to find a way to earn their living by selling their handicraft via virtual marketplaces like Amazon, eBay, Etsy, Craftsy, Ravelry, and many others, where PayPal may be the only payment option.

About

Denys Krasnikov

Denys Krasnikov is a Kyiv Post IT reporter. He studied journalism in Zaporizhia National University. Denys can be reached at krasnikov[at]kyivpost.com.

http://www.kyivpost.com

About

The Kyiv Post

Launched in 1995, Kyiv Post is Ukraine’s leading English-language newspaper, produced by a team of Western and Ukrainian journalists. Over the years, the weekly newspaper has led the charge for a free press in Ukraine, and has played roles in the Georgiy Gongadze scandal, the Orange Revolution and other significant Ukrainian events. The Kyiv Post’s IT coverage is sponsored by Looksery, Ciklum, Steltec Capital and SoftServe. The content is independent of the donors.

http://www.kyivpost.com/