Economy

Visa and Mastercard have suspended operations in Russia.

Monday, March 7, 2022
Visa and Mastercard have suspended operations in Russia.

 The American payment systems Visa and Mastercard almost simultaneously announced the suspension of their services in the Russian market. Visa and Mastercard cards issued by Russian banks will not work abroad. They will also not work with Apple Pay and Google Pay. In addition, Visa and Mastercard cards issued outside the Russian Federation will not work in the aggressor country’s territory. Now Visa and Mastercard owners will not be able to pay for their foreign purchases, from ordering in online stores to streaming.

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