MasterCard and Visa are leaving Russia

MasterCard and Visa are leaving Russia

Both companies stated that the reason for this decision was Russia's military invasion of Ukraine.

Customers of payment systems from the Russian Federation have several days to withdraw their funds.


At the end of the transition period, cards issued by Russian banks will stop working abroad, and cards issued abroad will stop working in the Russian Federation.


Thus, the financial system of the Russian Federation will be almost completely isolated from the rest of the world.


Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies

You May Also Like

3542021-12-02

Square changes name to 'Block'

Jack Dorsey's payments firm is rebranding. The changes will take effect on December 10.

Payment Systems
1552021-09-24

Twitter has integrated Bitcoin transactions

On Thursday, Twitter announced that users can now support content creators by tipping in BTC.

Payment Systems

Latest articles from Payment Systems category