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The .ru zone has no fear of PayPal and eBay

Last week PayPal partially opened the door to the countries of the former Soviet Union. In particular, it is now possible to pay for purchases on the eBay auction site. "Computerra" columnist Sergey Golubitsky, though, is inclined to criticize: "Why is PayPal needed, when there is WebMoney? There is our own MoneyMail, which is 10 times more convenient than PayPal".

Sergey Mikheev from the FINAM holding, which owns the MoneyMail system, also believes that, "it is unlikely that PayPal will quickly become a fully-fledged member of the Russian market". Representatives from the WebMoney and YandexMoney payment systems agree, commenting on the multitude of shortcomings with the American system. Russians are not afraid of the arrival of the eBay auction site either: Anna Artamonova, Vice President of Mail.ru, which owns the Russian Internet auction Molotok.ru, believes that no one will threaten the absolute leadership of Molotok on the local market.

Read more in Russian

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