Skip to content

Russian Banks To Introduce Chinese UnionPay Cards After Getting Banned From Visa and Mastercard

Visa and Mastercard bank cards will no longer be valid abroad for the Russians, and these cards issued abroad will no longer work in Russia, as announced by the global payments companies on Saturday. In response, the Russian banks said on Sunday that they planned to issue cards using China’s UnionPay system to cater to the Visa and Mastercard suspension in Russia over Moscow’s military intervention in Ukraine.

Read More »Russian Banks To Introduce Chinese UnionPay Cards After Getting Banned From Visa and Mastercard