Xoom, a subsidiary of US online payment giant PayPal, now allows money transfers from the United States to Ukraine,
Thursday, August 30, 2018

Xoom, a subsidiary of US online payment giant PayPal, now allows money transfers from the United States to Ukraine,

Xoom, a subsidiary of US online payment giant PayPal, now allows money transfers from the United States to Ukraine, Ilia Kenigshtein, CEO of Creative Quarter, reports on his Facebook page. Kenigshtein predict that Xoom represents the first step for Ukraine to become a full member of PayPal’s payment system. Entering the fast growing wage remittance business, Xoom will allow Ukrainians to receive from the US up to $ 2,999 per day, for a monthly maximum of $6,000. The National Bank of Ukraine forecasts that Ukrainians working abroad will send $11.5 billion home this year. This would make labor Ukraine’s third largest export, after agriculture and metals.

Previous post
Scheduled to open this fall, the long-awaited parking garage at Boryspil will charge EUR1.5 for the first hour

Scheduled to open this fall, the long-awaited parking garage at Boryspil will charge EUR1.5 for the first hour

Next post
Highlighting the top political barrier to a deal with the IMF, industrial gas prices rise on Saturday to double the level of household gas prices.

Highlighting the top political barrier to a deal with the IMF, industrial gas prices rise on Saturday to double the level of household gas prices.

Previous Main Topics