Did PayPal get a license from the central bank of the Russian Federation?

    The ecommercebytes blog on its pages said that after 2 years PayPal was still able to obtain a license of an NPO (non-bank credit organization) in Russia.

    But on the website of the Central Bank, mention of a new organization could not be found. In the list of credit organizations registered in the Russian Federation as of March 12, 2013 there are no companies similar in name to PayPal.

    Recall that in October 2012 a new law on the national payment system (N 161-ФЗ) entered into force in Russia. The law itself has been in force since September 2011, but since the end of October 2012, its part on electronic money has entered into force.

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