PayPal to team up with Russian Post

Global electronic payment system PayPal plans to extend its services in Russia by teaming up with the county’s state-run postal operator to provide prepaid cards for the system’s electronic accounts. 

PayPal views Russian Post as a “strategic partner” thanks to its extensive network of branches across the country and its ability to identify clients, PayPal Vice President Lauren Le Mole told the Kommersant daily in an article published Monday.

Link (submitted by Sun Jin)