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War: Visa and Mastercard will block all transactions
  • Vitaliy_KiselevVitaliy_Kiselev

    Visa wants to block all transactions in Russia.

    From the Mastercard statement:

    Given the unprecedented nature of the current conflict and the uncertain economic environment, we have taken the decision to suspend our network services in Russia....

    After this action, cards issued by Russian banks will no longer be supported by the Mastercard network. And any Mastercard issued outside the country will not work in Russian stores or ATMs....

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  • Vitaliy_KiselevVitaliy_Kiselev

    All transactions with Visa cards issued in Russia will no longer be available outside the country, and any Visa cards issued by financial institutions outside of Russia will no longer work in Russia. This will happen in the coming days.

    “We are compelled to do so in the wake of Russia’s unprovoked invasion of Ukraine and the unacceptable actions we have witnessed,” Visa CEO Al Kelly said in a statement.

    Visa cards issued by any Russian banks will stop working abroad, in foreign stores, in Apple Pay and Google Play wallets.

    A similar decision was announced in Mastercard. “Cards issued by Russian banks will no longer be supported by Mastercard. And any Mastercard issued outside the country will not work in Russian stores or ATMs,” the international payment system said.

    Real block won't touch most people, as inside transactions are being made via internal system specially designed to handle such friendly actions of our partners.

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