Opposing the invasion of Russia, Maxpay stopped serving all its merchants that have Russian/Belarusian citizenship and/or pay taxes there
Maxpay, an international payment service provider, in response to the Russian invasion of Ukraine, stops working with all Russian and Belarusian clients and blocks incoming payment transactions.
In fact, since the beginning of the war, the company has voiced its support for Ukraine. It has already applied certain measures to help the country, including the donation of 40,000 EUR to the Ukrainian army.
Besides that, in alignment with the restrictions set by Visa and Mastercard, the company blocks an opportunity to accept payments that income from Russian and Belarusian citizens’ cards for its other clients. By doing so, the company also protects its merchants from potential fines.
We’ve reported that Ukrainians who fled war can now get free payment accounts with EU IBAN.