PayPal may appear in Ukraine

19 Apr 2015

According to ukrinform.ua, Ukraine has established a working group of representatives from the National Bank of Ukraine and Deloitte (Ukraine) experts, which is developing a roadmap to remove obstacles for the largest electronic payment system PayPal to come to Ukraine, director of Deloitte Corporate Finance Department Oleksiy Aristov has said to an Ukrinform correspondent.

"A working group has been established, its task is to prepare a road map and eliminate existing obstacles for PayPal or similar services to come to Ukraine," Aristov said.

According to him, Deloitte examines legal issues and the need for changes to harmonize the Ukrainian legislation and regulations with the relevant regulations and directives in the EU.

Aristov claims that the company does not pursue commercial interests within this civil initiative and is not an official advisor, lawyer or representative of PayPal.