Central Bank Ready to Consider Conditions for Visa and Mastercard's Return to Russia
Published
The Central Bank of Russia has said it is ready to consider conditions for the return of the Visa and Mastercard payment systems to the country. This is reported by the publication Retail.ru. The matter concerns the possibility of resuming the operations of these systems in Russia, which suspended their activities in 2022.
It should be recalled that after the start of the special military operation in Ukraine, the international payment systems Visa and Mastercard stopped serving Russian banks and cards. As a result, many Russians stopped using cards from these systems abroad and in some online stores. In response, Russian banks began to develop more actively the national payment system Mir, which operates within the country and is accepted in many countries.
The source does not specify what exact conditions may be required for these companies to return. It is also not yet known when such a process might begin or what decisions will be made. Information about possible changes remains preliminary.
For Russian residents, the question of Visa and Mastercard's return is important, as it is linked to the convenience of payments, transfers and online purchases. Further details will likely emerge later, so readers should follow official announcements from the Bank of Russia.
Sources: Retail.ru
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