Russian Banks to Replace VISA and Mastercard with New “Mir” System in Partnership with China’s Union Pay

The Central Bank of the Russian Federation announced on Sunday that several banks will switch to the Chinese card system following the suspension of Visa, Mastercard, and Paypal in Russia. It can be recalled that Visa, Mastercard, and Paypal announced on Saturday they will suspend all operations in Russia. “We are compelled to act following … Continue reading Russian Banks to Replace VISA and Mastercard with New “Mir” System in Partnership with China’s Union Pay