Visa

org_company

Visa is portrayed as one of the international payment systems that withdrew from the Russian market in March 2022 due to the conflict in Ukraine. The Central Bank of Russia (CBR) and the National Payment Card System (NСПК) have stated that cards issued by Visa and Mastercard are gradually being phased out, though no official deadlines have been set for their removal. These cards continue to function within Russia for cash withdrawals and transfers but are no longer accepted abroad. The process of phasing them out is seen as part of a broader strategy to promote domestic payment systems like '…

Events

• TASS reported that the head of the State Duma Committee on Financial…
• Visa and Mastercard may return to Russia
• Visa and Mastercard May Exit Russia by 2027
• The National Payment Card System (NPSK) has warned users about…
• The Visa-BioCatch deal is expected to be completed by the end of the…
• A unified payment card accounting system to combat dropshipping will…
• American Visa Inc., operator of the largest payment system in the US
• Sberbank (MOEX: SBER) will stop servicing as of September 1 only…

Recent coverage

• Rosfinmonitoring will get access today to data on transfers via SBP and unified QR code, which will increase the effectiveness of anti-money laundering — РИА Новости (Telegram)
• Visa and Mastercard conducted first international transactions in Syria — Коммерсантъ
• Sber expects that in a few years Russians will have no Visa and Mastercard cards left — Москва 24
• Payment system cards Visa and Mastercard may leave the Russian market due to wear and tear as they are not updated, said T... — ТАСС (Telegram)
• OpenAI, Google and over 100 other companies signed an open letter on AI protection — Коммерсантъ
• «Exactly will return». State Duma deputy — about Visa and Mastercard in Russia — Фонтанка
• Deputy Aksakov: Visa and Mastercard may return to Russia in the future — Вечерняя Москва
• In the State Duma, the return of Visa and Mastercard to the Russian market was allowed — Вести
• Visa and Mastercard will return to Russia in the future, says head of the State Duma committee on financial markets Anatoly Aksakov. — РИА Новости (Telegram)
• Visa filed applications in Russia for 2 trademarks — Московский кэш
• What will happen with Visa and Mastercard cards in Russia — Вечерняя Москва
• In the State Duma, Visa and Mastercard exit from circulation in Russia in 2027 was predicted — Коммерсантъ
• Expert: bank cards may last 10-15 years — Вести
• Central Bank of Afghanistan presented a new digital map — Вести
• Dates named when Visa and Mastercard maps may stop working in Russia — Вести
• At payment with Visa and Mastercard cards online may arise difficulties, warns NSPK. There noted that the system is switching to Russian security certificates. Cards "Mir" continue to work at purchases in offline and online. Subscribe to TASS... — ТАСС (Telegram)
• In the State Duma, Russians were recommended to switch to "Mir" cards — Вести
• Russians warned of difficulties when paying with Visa and Mastercard cards online — Фонтанка
• NSPK warned about problems with online payment by foreign card systems — Вести
• NSPK warned of possible difficulties with Visa and Mastercard payments — Коммерсантъ